Added at 17.15 GMT on 09.26.2004
USDJPY:
As we can see, the dollar tried to reach the resistance level at 111.0 in the last friday.
The 200 SMA (blue) is going up, that’s for sure. With the last record of crude oil around 48USD
we are quite sure that a target above 111 will be reached during the next 24 hours.
We expect to see a fall around 110.30/35 in the asian session. The 5 and 15 EMA (red) are above
62 EMA (white) and we expect to cross it in the next 12 hours, providing a short signal.
Trading strategy: long, entry @110.30/40, exit @111.0/10, stop loss @110.05.
Short, entry @111.0/10, exit @110.70, stop loss @111.40
Weekly outlook:
For the long term we recommend buying around 110, exit @111.80.
Chart of the day: 
EURUSD:
Long, entry @1.2270, exit @1.2330, stop loss @1.2235.
Short, entry @1.2340, exit @1.2310, stop loss @1.2370
Chart of the day: 
Valid until 09.27 at 21.00GMT
