EUR/USD opened the day at 1.3611, rose to 1.3630 session high, and is still on the move up.
EUR/USD SHORT AT 1.3618 FOR 1.3503 OBJECTIVE, STOP 1.3667
1.3604 1.3667 1.3676 47.44
1.3503
1.3536
1.3565
1.3588
1.3613
1.3623 1.3641
1.3667
1.3683
USD/JPY is under pressure in its range - eroding nearby support to leave attention on the
101.23 recent low and the 101.07/100.75 55 week ma and this years low”.
“The market is now directly offered below last weeks high at 102.27, although key resistance
remains the 2014 downtrend at 102.67
USD/JPY LOOK TO SELL RALLIES 101.80/90
101.85 101.94 101.78 41.63
100.76
101.01
101.24
101.41
101.63
101.76 101.86
101.96
102.27
GBP/USD continues its triumphant upside journey. The pair bottomed out and started its climbing
higher in July, 2013, precisely a year ago. Since that time GBP/USD has gained nothing less
than 2300 pips - amazing growth! Though now the pair has stalled at 1.7180/00 resistance, which
means a period of sidelined trading is ahead.
GBP/USD LONG AT 1.7120 FOR 1.7230; STOP AT 1.7060
1.7036 1.6910 1.6544 67.66
1.7007
1.7039
1.7060
1.7085
1.7139
1.7147
1.7180 1.7203
1.7230
USD/CHF opened the day at 0.8934, reached session high at 0.8945, paused to think of further
direction, and slid to 0.8930 area again.
USD/CHF REVISE BUY AT .8909 FOR .9036; STOP AT .8855
.8941 .8918 .8948 50.49
.8855
.8888
.8900
.8920
.8931
.8959
.8974
.9013 .9036
The AUD-USD may continue to loiter around the 0.9400 neighborhood after firming on the back of
a weak dollar overnight. This lull may not last with the FOMC minutes later today while aussie
June labor markets are also due tomorrow and China data hits the screens in the latter half of
the week.
AUD/USD SHORT AT .9385 FOR .9229; STOP AT .9445
.9402 .9344 .9198 51.20
.9253 .9299
.9319
.9363
.9413
.9445 .9505
.9544
.9570
Happy Trading!
KLINCH
EUR/USD SHORT AT 1.3618 FOR 1.3503 OBJECTIVE, STOP 1.3667
1.3604 1.3667 1.3676 47.44
1.3503
1.3536
1.3565
1.3588
1.3613
1.3623 1.3641
1.3667
1.3683
USD/JPY is under pressure in its range - eroding nearby support to leave attention on the
101.23 recent low and the 101.07/100.75 55 week ma and this years low”.
“The market is now directly offered below last weeks high at 102.27, although key resistance
remains the 2014 downtrend at 102.67
USD/JPY LOOK TO SELL RALLIES 101.80/90
101.85 101.94 101.78 41.63
100.76
101.01
101.24
101.41
101.63
101.76 101.86
101.96
102.27
GBP/USD continues its triumphant upside journey. The pair bottomed out and started its climbing
higher in July, 2013, precisely a year ago. Since that time GBP/USD has gained nothing less
than 2300 pips - amazing growth! Though now the pair has stalled at 1.7180/00 resistance, which
means a period of sidelined trading is ahead.
GBP/USD LONG AT 1.7120 FOR 1.7230; STOP AT 1.7060
1.7036 1.6910 1.6544 67.66
1.7007
1.7039
1.7060
1.7085
1.7139
1.7147
1.7180 1.7203
1.7230
USD/CHF opened the day at 0.8934, reached session high at 0.8945, paused to think of further
direction, and slid to 0.8930 area again.
USD/CHF REVISE BUY AT .8909 FOR .9036; STOP AT .8855
.8941 .8918 .8948 50.49
.8855
.8888
.8900
.8920
.8931
.8959
.8974
.9013 .9036
The AUD-USD may continue to loiter around the 0.9400 neighborhood after firming on the back of
a weak dollar overnight. This lull may not last with the FOMC minutes later today while aussie
June labor markets are also due tomorrow and China data hits the screens in the latter half of
the week.
AUD/USD SHORT AT .9385 FOR .9229; STOP AT .9445
.9402 .9344 .9198 51.20
.9253 .9299
.9319
.9363
.9413
.9445 .9505
.9544
.9570
Happy Trading!
KLINCH