London Currencies -
US Dollar 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
USDEUR
0.7256
0.0073
+1.02%
Hold Long -
Reverse @ 0.7056
Long:S/L 0.7183
T1:0.7299
T2:0.7343
T3:0.7415
**
40
51 +
USDJPY
81.77
0.62
+0.76%
Hold Long -
Reverse @ 80.46
Long:S/L 80.86
T1:82.32
T2:82.87
T3:83.78+
**
22
52 +
USDCHF
0.9676
0.0018
+0.19%
Hold Short -
Reverse @0.9701
Short:S/L 0.9721
T1:0.9606
T2:0.9536
T3:0.9491+
**
-24
46 +
USDCAD
1.0071
0.0037
+0.37%
Hold Short -
Reverse @1.0098
Short:S/L 1.0119
T1:0.9999
T2:0.9926
T3:0.9879+
**
-63
43 +
USDGBP
0.6254
0.0059
+0.95%
Hold Short
Reverse @ 0.6271
Long:S/L 0.6200
T1:0.6289
T2:0.6323
T3:0.6378(N)
*
-1
46 +
USDAUD
0.9965
0.0097
+0.98%
Hold Short
Reverse @ 1.0003
Long:S/L 0.9860
T1:1.0034
T2:1.0103
T3:1.0208(N)+
*
-42
40 +
USDNZD
1.2855
0.0166
+1.31%
Hold Short
Reverse @ 1.2888
Long:S/L 1.2688
T1:1.2952
T2:1.3049
T3:1.3216(N)
*
-43
41 +
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 USDvYen refers to strength or weakness of
USD in relation to Yen.
Daily Signal -
Daily short term signal for Day Traders' S/L is the Stop Loss Level.
T1 & T2 are the target prices expected at which to take profit.
RSI - Relative
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.
