Today’s highlights:
EUR/USD: Q3 trend reversal enhanced targeting 1.4055 this week with 1.4015/11 key to defend to avoid a more negative topping threat
GBP/USD: Eyeing the critical 200-day moving average and key support zone at 1.6124/01. Growing risk of surrender for a more a negative tone to target 1.5781
AUD/USD: Erosion back from interim resistance 1.0780 hints at top through1.603. Only a break of 1.0534 trend support signals a more notable short-term top for 1.0315
NZD/USD: Break of .8426 pivot support leaves corrective risk back to .8370 trend support. Through here targets .8258 with risk to .8160
Today’s trades:
EUR/USD: Sell at 1.4274 targeting 1.4066, exit 1.4391
USD/JPY: Short at 77.22, for 76.00, stop placed at 77.86
GBP/USD: Entered short at 1.6225 for 1.6006, stop/reverse through 1.6340
USD/CHF: Long re-entered at .7782 for .8240; exit .7694
AUD/USD: Sell at 1.0660 targeting 1.0420, stop at 1.0770
NZD/USD: Sell at .8527, targeting .8370, stop at .8590
USD/CAD: Short through .9767 and added at .9860, for .9650, stop placed at .9925
Click here to read the full report:
http://www.easyforexnews.net/wp-content/uploads/2011/09/document-804392960.pdf
Credit Suisse
FIXED INCOME RESEARCH & ANALYTICS
