Thursday, January 31, 2013

Thursday, January 10, 2013

Market News 10 Jan 2013



Currencies EUR/USD The euro slid 0.1 percent to1.3056 dollars. The euro which is considered in crisis, awaits its fate when the European Central Bank will meet on Thursday. The pair hit 1.3037 in the morning which is its lowest since Monday.

USD/JPY The Japanese yen has fallen once more against most of its counterparts. The two day loss has the currency losing 0.3 percent and falling to 88.17 dollars at 6:39 London time. On the 4th of January the currency had reached its lowest level in over two years.

AUD/USD
The Australian dollar has gained its three week high against the dollar. As imports and exports in China improve, its major trading partner Australia, has been positively affected and the country’s currency has been improving. The Aussie touched its strongest price since the 18th of December with 1.0555 dollars, before falling to 1.0552 dollars at 4:31 pm Sydney time, which is a 0.3 percent increase.

GBP/USD The British currency has suffered a big loss and has fallen lower than most of its counterparts, occupying the second to last spot. It reached its lowest level since the 30th of November at 1.5993 dollars, it then rose to 1.6012 dollars at 4:38 pm London time.

forex signal

10 jan 2013 

Majors

EUR/USD: SHORT AT 1.3110 FOR A 1.2985 OBJECTIVE, STOP AT 1.3160

USD/JPY: BUY AT 87.60 FOR 89.78; STOP AT 86.75


GBP/USD: BUY AT 1.5980 FOR A 1.6135 OBJECTIVE, STOP AT 1.5910


USD/CHF: LONG AT .9230 FOR .9337; REVISE STOP AT .9230


AUD/USD: LONG AT 1.0490 FOR 1.0625, STOP AT 1.0440

USD/CAD: SHORT AT .9884 FOR .9764, REV STOP AT .9889

Crosses
EUR/JPY: BUY AT 114.08 FOR 116.23 OBJECTIVE, STOP 113.02

EUR/GBP: LONG AT .8112 FOR A .8225 OBJECTIVE, STOP AT .8117

EUR/CHF: LONG AT 1.2071 FOR A 1.2129 OBJECTIVE, STOP AT 1.2059

EUR/CAD: SELL AT 1.2950 FOR 1.2710 STOP AT 1.3020

GBP/JPY: POSS BUY

NZD/USD: LONG AT .8345 FOR A .8477 OBJECTIVE, STOP AT .8330


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