Ranges for a vast majority of our currency pairs expanded widely this week yet the expamsion is fairly normal. Prices overall are desperately trying to trade back to normal trading levels again. Targets this week are easily achievable.

 

GBP/USD

Long 1.1646 and 1.1604 to target 1.2062. Must cross 1.1687, 1.1728, 1.1769, 1.1810, 1.1896, 1.1937, 1.1978 and 1.2019.

 

EUR/USD

Long anywhere or 1.0696 to target 1.0979. Must cross 1.0727, 1.0790, 1.0853, 1.0916 and 1.0947. Long above 1.1042 to target 1.1105.

 

EUR/AUD

 Short 1.8447 and  1.8546 to target 1.7957. Must cross 1.8349, 1.8251, 1.8153 and 1.8055.

 

USD/JPY

Short 110.82 and 110.99 to target 108.82. Must cross 109.78, 109.68 and 109.58 all crucial to achieve target.

Trading currencies and other financial instruments carries a degree of loss and possible loss of entire investments. Please managed your own risks, stop loss, and margins requirements.

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