Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account

Resources

DailyFX Home / Technical Analysis / Candlesticks

Euro Short Hits First Target, Looking to Sell Yen vs US Dollar

By , Currency Strategist
15 May 2012 05:35 GMT

Major Currencies vs US Dollar

(% change week-to-date)

Euro_Short_Hits_First_Target_Looking_to_Sell_Yen_vs_US_Dollar_body_Picture_5.png, Euro Short Hits First Target, Looking to Sell Yen vs US Dollar

EURUSD: Hold Short as Prices Hit First Target

USDJPY: Looking to Buy on Trend Line Break

GBPUSD: Waiting to Enter Short Position

USDCAD: Confirmation Sought to Enter Long

AUDUSD: Opting to Pass on Short for Now

NZDUSD: Two-Year Support Level in Focus

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

To be added to Ilya's e-mail distribution list, send a note with subject line "Distribution List" to ispivak@dailyfx.com

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.

15 May 2012 05:35 GMT