Monday 21 January 2013

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.

Risk Disclosure
Trading and the execution of transactions in currencies, commodities,CFD  indexes and other financial products with or without using  high financial leverage, is speculative trading of high risk and may cause substantial gain or loss proportional to the size of the collateral, up to the total loss of the collateral sum in a very short period. The fluctuation of the prices and rates in the currency markets, commodities, CFD ,indexes and other  financial derivatives are often volatile and there is no accurate   forecasting as per the size of the change, its direction and the time frame in which it occurs.You must consider carefully and seriously if this type of financial activity fits your needs, your financial resources and personal circumstances. Since the risk of losing some of the invested funds or all the funds in a relative short period is high; it is recommended that you use for that purpose funds which you designated for speculative financial transactions of high risk.
 You acknowledge and fully understand that there may be more and other risks which are not detailed or not contained above

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