Review 13 April 2010

EUR / USD moved down to around 1358 after 1:36 Touching a short time ago. Pair seemed inclined ranging fell sharply after yesterday.



Pairs seemed Inclined ranging Fell sharply after yesterday. Buy stop reportedly waiting in the 1.362 and above 1.365 1.369 target. Buy stop reportedly waiting in the 1362 and 1365 above 1369 targets. Option expiry on the level of 1.36 and 1.35. Option expiry on the level of 1:36 and 1:35. Purchase interest in the range of 1.352 will be support for the EUR / USD. Purchase interest in the range of 1352 will of some support for EUR / USD.

USD / JPY sped up to around 93.3 this afternoon. A proclamation that the Japanese government is recommended to keep the yen at around 120.0 against the U.S. dollar makes pair sped up sharply. A Proclamation That the Japanese government is recommended to keep the yen at around 120.0 against the U.S. makes dollar pair sped up sharply. Resistance currently exist in the levels of 93.3 and 93.6 if pierced then would be targeted next. Resistance currently exist in the levels of 93.3 and 93.6 if pierced then would be targeted next

 

USD / JPY continued depressed throughout the Asian session today. Also negatively making Nikkei Which pair moves further and further down, even Touching 92.5. Also negatively making Nikkei Which pair moves further and further down, even Had touched 92.5. Interest in selling reportedly waiting in 93.2 to 93.3. Interest in selling reportedly waiting in 93.2 to 93.3. 92.5 If pierced, then the next support at 92.1 to 92.0. 92.5 If pierced, then the next support at 92.1 to 92.0.

 

Which Had JPY strengthened to its highest level in 2 weeks time against the USD and the highest in 2 days time against other major currencies, turned down this afternoon. Currently trading at levels 93.2 JPY vs USD, EUR vs 126.8, and 143.1 vs GBP. JPY is currently trading at 93.2 level vs USD, EUR vs 126.8, and 143.1 vs GBP

  

In today's trading bounce back against the USD CHF. Which yesterday closed at CHF 1.0594 level vs USD rises to a level of 1057. Which yesterday closed at EUR vs CHF 1.0594 level rises to a level of 1057. Currently the USD / CHF traded with 1057 values. Currently the USD / CHF traded with 1057 values. If CHF continues to strengthen, pair predicted to touch the 1055 levels. If CHF continues to Strengthen, pair Predicted to touch the 1055 levels

Which Had GBP weakened in early Asian trading session today, again rose against major currencies. GBP levels rose from 142.1 to 142.73 vs JPY and rose up from 1624 to vs CHF 1.6277 level. GBP levels rose from 142.1 to 142.73 versus the JPY and up Until 1624 to vs CHF 1.6277 level.

Also was slightly Stronger GBP against the USD Until the level of 1538 and 0884 vs. the EUR. Currently trading at the level of GBP 142.5 vs JPY, CHF 1628 vs, 1537 vs. 0884 vs. USD and EUR. Currently trading at the level of GBP 142.5 vs JPY, CHF 1628 vs, 1537 vs. Vs. 0884. USD and EUR.