Growth Aces | Apr 07, 2015 05:52AM ET
GROWTHACES.COM Forex Trading Strategies:
Taken Positions
EUR/USD: long at 1.0915, target 1.1180, stop-loss 1.0780, risk factor *
GBP/USD: long at 1.4820, target 1.5000, stop-loss 1.4740, risk factor ***
USD/JPY:short at 119.40, target 117.50, stop-loss 120.40, risk factor ***
USD/CAD: short at 1.2650,target 1.2350, stop-loss moved to 1.2530, risk factor ***
AUD/USD: long at 0.7565, target 0.7930, stop-loss moved to 0.7640, risk factor ***
NZD/USD: long at 0.7500, target 0.7930, stop-loss moved to 0.7500, risk factor ***
EUR/CAD: long at 1.3650, target 1.3900, stop-loss 1.3520, risk factor *
AUD/JPY: long at 90.75, target 93.00, stop-loss moved to 91.35 , risk factor ***
Pending Orders
USD/CHF: sell at 0.9670, if filled – target 0.9300, stop-loss 0.9810, risk factor **
EUR/GBP: buy at 0.7270, if filled - target 0.7450, stop-loss 0.7190, risk factor *
AUD/NZD: sell at 1.0260, if filled – target 1.0000, stop-loss 1.0380, risk factor ***
EUR/USD: Strong USD Weigh On U.S. Economy
(long at 1.0915, target 1.1180)
Significant technical analysis' levels:
Resistance: 1.1052 (high Mar 26), 1.1062 (high Mar 18), 1.1115 (high Mar 5)
Support: 1.0864 (low Apr 3), 1.0802 (low Apr 2), 1.0777 (21-dma)
GBP/USD Lower Despite Strong Britain's PMI Data
(long for 1.5000)
Significant technical analysis' levels:
Resistance: 1.4981 (high Apr 6), 1.4995 (high Mar 26), 1.5008 (high Mar 19)
Support: 1.4812 (low Apr 3), 1.4775 (low Apr 2), 1.4742 (low Apr 1)
AUD/USD Jumped On RBA Decision, In Line With Our Expectations
(stay long for 0.7900)
Significant technical analysis' levels:
Resistance: 0.7701 (21-dma), 0.7710 (hourly high, Apr 7), 0.7729 (10-dma)
Support: 0.7571 (low Apr 3), 0.7534 (low Apr 2), 0.7451 (low May 18, 2009)
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