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Article
Waluty: Currency market commentary
23.06.2009 10:39 TuesdayEURUSD
Right now the cross is seen moving in range 1,3820-1,3900. In case of an upside rebound jump to 1,3940 and eventually 1,3990 is possible. Below 1,3820 test of 1,3740 is expected.
GBPUSD
Breach of the level of 1,6210 will bring the pair as low as 1,6120. Fall below 1,6050 will stand for further drops down to 1,5800 during next trading days. Climb to 1,6350 should be used to open short positions with a narrow stop loss order
USDJPY
Trading range 94,40-95,40.
USDCHF
We suggest opening long positions at 1,0760 with take profit orders set at 1,0820 and 1,0880 later on. However in case of a breakdown falls to 1,0620 are expected.
For more comments and recommendations please visit our website www.bavariafund.com
as
Right now the cross is seen moving in range 1,3820-1,3900. In case of an upside rebound jump to 1,3940 and eventually 1,3990 is possible. Below 1,3820 test of 1,3740 is expected.
GBPUSD
Breach of the level of 1,6210 will bring the pair as low as 1,6120. Fall below 1,6050 will stand for further drops down to 1,5800 during next trading days. Climb to 1,6350 should be used to open short positions with a narrow stop loss order
USDJPY
Trading range 94,40-95,40.
USDCHF
We suggest opening long positions at 1,0760 with take profit orders set at 1,0820 and 1,0880 later on. However in case of a breakdown falls to 1,0620 are expected.
For more comments and recommendations please visit our website www.bavariafund.com
as
