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Friday 10.22.2004

USDJPY

After a rise towards 108 area, the USD will probably fall again as we got used in the last days.
We will hold a long position until any bearish signal will be confirmed (probably around 108.00/10 level).
Current value is 107.68.

Trading strategies:
Short at 108.10, t/p @107.70 s/l @108.20

EURUSD

A test at the first res key is expected later. Strong support level is seen on the 1.2580/90 area.
Current value is 1.2615.

Trading strategies:
Long at 1.2585, t/p @1.2640, s/l @1.2565

EURJPY

Current value is 135.85.

Recommmneded trades:
Long at 135.70, t/p @136.20, s/l @135.50

EURGBP

Current value is 0.6901

Trading strategies:
Long at 0.6890, t/p @0.6920, s/l @0.6875

EURCHF

Current value is 1.5387

Trading strategies:
Long at 1.5370, t/p @1.5405, s/l @1.5355

USD/CHF

Current value is 1.2195

Trading strategies:
Long at 1.2185, t/p @1.2245, s/l @1.2155

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