Friday, April 17, 2009

Trading advice on major currency pairs by Mizuho Bank


Mizuho Bank. Shopping advice
Euro / dollar
Commentary
The pair was in two minds, stuck below the tops of clouds Ishimoku (which next week will be very thin). Perhaps the signal is displaced from Chikou Span confirmed corrected Fibonacci candles and 26-day prescription. A strong break above 1.3400 could lead to a change of sentiment on bychi ..
Strategy
Open positions in the small purchase at 1.3100, stop below 1.3000. Enhances long positions with a clear break above 1.3350 and then 1.3400 to 1.3600.
Dollar / yen
Commentary
Yesterday, another "hammer" was formed in the vicinity of first-level support in the correction, but the market has not yet seen the development of bull's momentum. Note also that the signal is displaced from Chikou Span confirmed candles between 99.00 and 98.00.
Strategy
Buy at 99.40, strengthens position at 98.55, 97.50 feet below. The first goal at 99.60, followed by 100.70.
Pound / Dollar
Commentary It's too sad. With a small share of luck week closing above 1.5000 will force many to reconsider the policy in relation to Great Britain, so next month in the markets may be emerging more interesting situation.
Strategy Open positions for buying at 1.4860, stop below 1.4550. Short-term goal to 1.5050, then higher.

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