Thursday, January 20, 2011

SIGNALS AND SOME VIEWS

EUR/CHF: Long from 1.2780, targeting 1.3125, stop at 1.2578.

EUR/GBP: Unwanted short from .8373, stop at .8521, targeting .8069.

EUR/JPY: Buy setback to 109.68, targeting 114.35, with stop/reverse placed at 109.32 (targeting 108.26 on the latter).

EUR/SEK: Long again from 8.9089, target 9.0156, tighten stop to 8.8819.

EUR/NOK: Long again from 7.8001, with stop at 7.7011, targeting 7.9979.

NOK/SEK: Stopped out of long at 1.1362. Sell bounce to 1.1413, with stop/reverse placed at 1.1427, targeting 1.1332.

AUD/NZD: Stopped out and reversed long at 1.3011. Place stop/reverse now at 1.2924, and target set at 1.3178.

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