Analysis of the Currency August 12, 2011

EUR / USD

For the day today in relation to this cross currencies might consider opening a new long position if the price of the exchange ratio should break upward 1.4275, with the first goal at a height of 1.4290 and 1.4300 share for the second goal. Should the price rather than decreasing the share of 1.4130, then we could open a short position with the first goal at a height of 1.4120 and 1.4110 second goal.

EUR / GBP

For today's session we might consider opening a location where the purchase value of the exchange ratio of 0.8780 should break upward, staring as the first objective the achievement of quota and 0.8810 as the second objective, the share of 0.8830. If the price of this exchange ratio would fall below the value of 0.8720, then we could open a short position by setting a first target 0.8710 and 0.8700 as the second goal.

USD / JPY

For the trading day today we open a position in the purchase if the value of the exchange ratio would exceed the rise in the share of 77.05, setting the first target value of 77.15 and the second objective value of 77.30. If the price of this exchange ratio should break the downward part 76.50, we could open a downward position by placing first goal as a share of 76.40 and 76.20 second objective part.

GBP / USD

In today's session we could open a new long position if the value of the exchange ratio should break upward the value of 1.6245, with our first goal at a height of 1.6260 and 1.6280 share for the second goal. If the price of this exchange ratio would rather break the downward the share of 1.6195, then we could open a position in sales as our first goal by setting the share of 1.6180 and as our second objective, the share of 1.6160.

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