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Friday, November 11, 2011

CURRENCIES TRADING STRATEGY

GBP/JPY - Pound Yen

BUY @ 123 – 123.70 FR TGT 124.60/124.80

CMP – 124

REVERSAL : BELOW 122.80 DOWNSIDE TGT 122.26

NZD JPY - New Zealand Dollar Japanese Yen

BUY @ 60 – 60.44 FR TGT 60.98/61.15

CMP – 60.66

REVERSAL : BELOW 59.80 DOWNSIDE TGT 59.56

AUD/JPY Australian Dollar Japanese Yen

BUY @ 79 – 79.02 FR TGT 79.90/80.22

CMP – 79.40

REVERSAL : BELOW 78.80 DOWNSIDE TGT 77.82

NZD/CAD New Zealand Dollar Canadian Dollar

BUY @ 0.7938 FR TGT 0.7990

CMP – 0.7960

REVERSAL : BELOW 0.7880 DOWNSIDE TGT 0.7852

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