Analysis of the Currency August 10, 2011

EUR / USD

For today's the day we might consider opening a new long position if the price were to break the rising share of 1.4410, with the primary objective of reaching an altitude of 1.4430 as the second goal and the achievement of 1.4450 share. If the price of this exchange ratio would have to overcome the downward the share of 1.4205, then we could open a new short position with the first goal at a height of 1.4180 and 1.4160 share for the second goal.

EUR / GBP

For today's session for this exchange ratio could open a long position if the price were to break upward 0.8850 share, setting a first target share and 0.8870 share of 0.8890 as the second goal. If the price of this exchange ratio exceeds 0.8750 share down, then we could open a short position as the first goal setting and how to share 0.8730 0.8710 share of the second goal.

USD / JPY

For today's the day we might consider opening a new long position if the price exceeds the exchange ratio up 77.20 share, with the first goal at a height of 77.40 and 77.60 seconds at an altitude goal. If the price exceeds this cross down 76.50 fee, we could open a short position with the first goal and second goal share 76.30 76.10 fee.

GBP / USD

The pound is gaining in the beginning of this week, for this meeting as we might think of opening a long position if the price were to break upward the value of 1.6380, setting a first target share and 1.6400 share of 1.6420 as the second goal. Should the price instead of breaking the support level at 1.6180 share, then we could open a new short position with the first target 1.6170 and 1.6160 second goal.

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