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FOREX SIGNALS FOR MONDAY 21-01-2013

Daily Analysis - 21.01.2013

Happy Monday to all and may this week provide great trading opportunities.

Morgan Stanley Bank has a limit order to buy USD/JPY at 86.50 with a Target of 95.00 and stop loss at 83.00 -  Sure, this price is a bit far away, but worth keeping in mind and maybe setting a limit order just in case .

GBPUSD Sell orders now remain in place from 1.5880 up to 1.5910 with some possible buy stops above.  Buy orders/technical support now lie down at 1.5825/40 with talk of sell stops down through 1.5820. Personally we will look to sell at the 1.5910 region with SL 1.5938 and TP 1.5850

AUDUSD we are still in a trade from Friday, Long at 1.0500 SL 1.0450 and TP 1.0620. If the pair will close a 1 hour candle beneath 1.048/0 we will terminate the trade.

EURUSD Buy orders clustered at 1.3300/05 and more down around 1.3280.  Sell orders clustered at 1.3240/60, with buy stops above there before more sell orders at 1.3395/05. Buy stops gathering up on a break above 1.3405.

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