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Forex Analyst Picks & Strategies for

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Ilya Spivak RSS Twitter

Currency Strategist
Ilya Spivak

My Picks: Long USD vs. EUR, CHF, AUD
Expertise: Global macro
Average Time Frame of Trades: 1 week - 6 months

I remain long the US Dollar against the Aussie, the Euro and the Swiss Franc as the ECB TLTRO launch and the Scotland Independence Referendum loom ahead.

I sold AUDUSD at 0.9186 and have since taken profit on half of the exposure, with the rest open to capture further downside momentum and a stop-loss adjusted to breakeven (0.9186).

On EURUSD, I sold the pair at 1.3644 in line with my long-term fundamental outlook and likewise took profit on half of the trade. The rest is active with a stop-loss at 1.3583, my initial objective.

Finally, I entered long USDCHF at 0.9068. Here too, profits on half of the exposure have been booked, leaving the rest in play with a stop-loss at the first target of 0.9114.

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Trading Log

Symbol Direction Status Entry Stop Target Date Analyst
EUR/USD short ACTIVE 1.3644 1.3583 Open 07/10/14 Ilya
USD/CHF long ACTIVE 0.9068 0.9114 Open 08/19/14 Ilya
AUD/USD short ACTIVE 0.9186 0.9186 Open 09/11/14 Ilya

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Latest Topics in the DailyFX Forums

EURUSD
by HFblogNews
Today at 15:26
GBP and JPY Pairs
by adil.khan
Today at 15:26
EURUSD
by Lukman Otunuga
Today at 14:24
GBP and JPY Pairs
by Lukman Otunuga
Today at 14:08
Currency Central Bank Rate
aud
2.50%
nzd
3.50%
eur
0.05%
cad
1.00%
gbp
0.50%
usd
0.25%
chf
0.00%
jpy
0.10%
Symbol Roll S Roll B
EUR/USD 0.18 -0.39
USD/JPY -0.36 0.12
GBP/USD -0.51 0.24
USD/CHF -0.15 0.06
EUR/CHF 0.0 -0.09
AUD/USD -2.61 1.26
USD/CAD 0.42 -0.93
NZD/USD -3.3 1.56
EUR/GBP 0.36 -0.81
EUR/JPY 0.03 -0.12
GBP/JPY -0.99 0.42
CHF/JPY -0.09 -0.03
Rates shown are the expected rolls in USD for holding one 10k lot today on a typical FXCM Standard account.