Weekly Trades: GBP/USD, EUR/USD, USD/JPY and EUR/AUD
|USD/JPY last week achieved target for + 500 pips. GBP/NZD despite a wild ride achieved target 1.0200's. AUD/JPY ended at small profit near entry and GBP/CHF was seriously off but deeply oversold.
GBP/USD
Long anywhere or 1.2261 to target 1.2759. Must cross 1.2284, 1.2379, 1.2474, 1.2569, 1.2664 and 1.2711.
Above 1.2854 targets 1.2949.
EUR/USD
Long 1.1079 and 1.1053 to target 1.1103.
Long above 1.1129 to target 1.1329. Must cross 1.1229 and deep caution 1.1250 and 1.1258 and 1.1308.
Short 1.1329 to target 1.1179. Must cross 1.1229.
USD/JPY
Long 105.69 and and 105.27 to target 106.51.
Long above 107.34 to target 108.98.
EUR/AUD
Short 1.7949 and 1.8001 to target 1.7241. Must cross 1.7713, 1.7595, 1.7477, 1.7359, and 1.7301. Any higher than 1.8001 is a bonus and particularly when the long term target is located at 1.5900's.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.