Growth Aces | Sep 30, 2014 08:15AM ET
GROWTHACES.COM Trading Positions:
EUR/CHF: long at 1.2085, target 1.2160, stop-loss 1.2045
USD/JPY: long at 108.45, target 110.50, stop-loss 107.70
EUR/JPY: long at 138.55, target 140.00, stop-loss 137.80
ECONOMIC CALENDAR
EUR/USD: One direction.
(bearish in the short term)
Significant technical analysis' levels:
Resistance: 1.2664 (low Sep 29), 1.2715 (high Sep 29), 1.2761 (high Sep 26)
Support: 1.2561 (low Sep 6, 2012), 1.2502 (76.4% of 1.2042-1.3995), 1.2493 (low Aug 31, 2012)
USD/JPY: Tankan in the spotlight after weak macro data.
(We maintain our long position, the target is 110.50)
Significant technical analysis' levels:
Resistance: 109.75 (high Sep 29), 109.94 (high Aug 26), 110.00 (psychological level)
Support: 109.13 (low Sep 29), 109.00 (psychological level), 108.98 (10-dma)
GBP/USD lower after Q2 C/A data
(Our long position reached the stop-loss level. We stay flat now)
Significant technical analysis' levels:
Resistance: 1.6290 (high 21-dma), 1.6304 (high 10-dma), 1.6333 (high Sep 26)
Support: 1.6162 (low Sep 16), 1.6052 (low Sep 10), 1.6003 (50% of 1.4814-1.7192)
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