Today’s highlights:
EURUSD: A tentative nudge at a minor resistance peak at 1.3871 on Friday, but only more firmly through here and the 1.3938 pivot signals a small base to aim at 1.4054
GBPUSD: A solid digestion after the head fake below chart support, 1.5891 and bullish “outside” Thursday leaves asymmetric risk this week up to//through 1.6167 towards 1.6330
USDCHF: Risk switches to retest of .8961 recent rebound peak and potential follow-through to key .9084 swing high
AUDUSD: “Inside” Friday indecision to follow the bullish “outside” Thursday, reluctant to close back above the 200-day MA (1.0417). Only a close above targets 1.0568/82
Today’s trades:
EURUSD: Long at 1.3766 for 1.3935; exit/reverse here or below 1.3664
USDJPY: Long at 77.76 for 78.94; exit 77.44
GBPUSD: Long at 1.5976 for 1.6325; exit 1.5868
USDCHF: Short entered at .8844 for .8576; exit .8966
AUDUSD: Back short at 1.0410 for 1.0240; reverse to long here (back to short below 1.0194) or above 1.0451
NZDUSD: Short at .7920 for .7750; exit .7986
USDCAD: Short at 1.0210 for .9974; exit 1.0276
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http://www.easyforexnews.net/wp-content/uploads/2011/11/document-804599550.pdf
Credit Suisse
FIXED INCOME RESEARCH & ANALYTICS