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London Currencies - Euro Short Term Recommendations   

In order of preference

15 December 2011

 (Long: Buy, Short: Sell, S/L: Stop Loss level , T1: First Target, T2: Second Target, N: New Position, +: Small Drawdown)

Contract Close Chng Chng % Weekly Signal Daily Signal Stars Rating RSI
EURAUD 1.373 -0.0002 -0.01% Sell - Reverse @ 1.4035 Short:S/L 1.3771 T1:1.3677 T2:1.3625 T3:1.3583 *** -92 33 -
EURUSD 1.3777 -0.0144 -1.03% Sell - Reverse @1.4168 (N) Short:S/L 1.3917 T1:1.3693 T2:1.3609 T3:1.3469 ** -41 49 -
EURGBP 0.8618 -0.0006 -0.07% Hold Short - Reverse @0.8780 Short:S/L 0.8647 T1:0.8588 T2:0.8558 T3:0.8529 ** -47 44 -
EURCHF 1.3333 -0.0107 -0.80% Hold Short - Reverse @1.3644 Short:S/L 1.3417 T1:1.3285 T2:1.3237 T3:1.3153 ** -57 42 -
EURNZD 1.7711 0.0050 +0.28% Hold Short - Reverse @1.7940 Short:S/L 1.7793 T1:1.7596 T2:1.7482 T3:1.7399 ** -67 36 +
EURCAD 1.3879 -0.0082 -0.59% Hold Short - Reverse @1.4274 Short:S/L 1.3956 T1:1.3821 T2:1.3762 T3:1.3686 ** -86 42 -
EURJPY 112.57 -0.36 -0.32% Hold Long Reverse @ 111.64 Short:S/L 113.20 T1:111.82 T2:111.07 T3:110.44 * -7 49 -

Notes:

Weekly Signal - Weekly trend prevailing unless STOP LOSS level (S/L)  is reached.  Buy/Long or Sell/Short Signals relate to first named currency, e.g.  Signal for USD v Yen refers to strength or weakness of USD in relation to Yen. 
Daily Signal -  Daily short term signal for Day Traders.
RSIRelative Strength Index, OVERBOUGHT if over 70, OVERSOLD if under 30, Rising (+), Falling (-).
Rating -  (+100 to -100) = (Strong Buy to Strong Sell).
Stars -  Strength of Weekly Signal.  (1*) Fair / For Short Term Trades Only .(2* to 5*) = (Good to Excellent)
Warning -  Signals are computer generated and are based exclusively on Technical Analysis.  This report is provided for information purposes only, and should not be used or construed as an invitation or solicitation to buy or sell. No representation is made as to its accuracy or completeness, and should not be relied upon as such.

 

AUD Australian Dollar

 

CAD Canadian Dollar

 

CHF Swiss Franc

EUR Euro GBP British Pound HKD Hong Kong Dollar
JPY Japanese Yen NOK Norwegian Krone NZD New Zealand Dollar
PLN Polish Zloty SGD Singapore Dollar USD US Dollar

 

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