Market Review 10.04.2014 (EUR,GBP,AUD,CAD,CHF,JPY,RUB)
EUR/USD
Euro continues to grow, showing 1.3870. Trend upward movement persists, medium-term goals are still above 1.3967. At the moment, there are no large volumes that would prevent further growth. Therefore, I plan to open long positions with a stop 1.3780, targeting 1.3900 today on the correction and the appearance of large amounts near 1.3820-3840.
GBP/USD
Pound also went above and a little updating 1.6825. I expect further gains above 1.6825. Medium-term objective 1.6875-7050. Therefore, I plan to open long positions with a stop 1.6700 after correction 1.6750-6770 area and there appears large volumes.
AUD/USD
The Aussie continues to grow. As he wrote to retest 0.9350 I opened another position. All positions are now closed for the profit of 0.9446. Aussie showed large amounts in the range of 0.9440-9455 . So I 'll wait for a deeper correction in the district 0.9350-9390 and formation volumes fell more than highs.
USD/CAD
Purpose 1.0853 almost completed. Next target 1.0780. A correction may be in the area of 1.0905-0925. I'll go in a short position with a stop 1.0950 when a large volume in this area.
USD/CHF
Frank complited targets and ready to go below. Maybe I'll sell on the correction in the region 0.8800-8820 with a stop 0.8850 and 0.8567 medium-term objective.
USD/JPY
I closed on the sale of 101.80 yen to 102.10. Jena formed accumulation zone 101.80-102.15 volumes and went below. I expect a price rebound in the previous accumulation zone and a further decline of the currency pair.
USD/RUB
Strong accumulation zone was near 34.60-35.00. I consider update 35.40 today.
EUR/USD
Euro continues to grow, showing 1.3870. Trend upward movement persists, medium-term goals are still above 1.3967. At the moment, there are no large volumes that would prevent further growth. Therefore, I plan to open long positions with a stop 1.3780, targeting 1.3900 today on the correction and the appearance of large amounts near 1.3820-3840.
GBP/USD
Pound also went above and a little updating 1.6825. I expect further gains above 1.6825. Medium-term objective 1.6875-7050. Therefore, I plan to open long positions with a stop 1.6700 after correction 1.6750-6770 area and there appears large volumes.
AUD/USD
The Aussie continues to grow. As he wrote to retest 0.9350 I opened another position. All positions are now closed for the profit of 0.9446. Aussie showed large amounts in the range of 0.9440-9455 . So I 'll wait for a deeper correction in the district 0.9350-9390 and formation volumes fell more than highs.
USD/CAD
Purpose 1.0853 almost completed. Next target 1.0780. A correction may be in the area of 1.0905-0925. I'll go in a short position with a stop 1.0950 when a large volume in this area.
USD/CHF
Frank complited targets and ready to go below. Maybe I'll sell on the correction in the region 0.8800-8820 with a stop 0.8850 and 0.8567 medium-term objective.
USD/JPY
I closed on the sale of 101.80 yen to 102.10. Jena formed accumulation zone 101.80-102.15 volumes and went below. I expect a price rebound in the previous accumulation zone and a further decline of the currency pair.
USD/RUB
Strong accumulation zone was near 34.60-35.00. I consider update 35.40 today.