Mid-term review. (EUR,GBP,AUD,CAD,CHF,JPY,RUB)
EUR/USD
Price updated 1.3897 this week and moving toward my target higher. Large volumes were in the range of 1.3510-3550. I continue to hold long positions from 1.3670 with a stop at 1.3477 with rearranged 1.3670. I expect continued growth in the region 1.4240-4400.
GBP/USD
Again there was a large accumulation of 1.6700-6750 this week. I still continue to maintain growth in the region 1.6880-7045. I'm going to open long positions on the retest 1.6675 with a stop 1.6583 next week.
AUD/USD
The Australian dollar is in a downtrend. However, after the consolidation in 0.8700-8950 volume and accumulation there, the price went into a deeper correction. I opened a long position at 0.8896 with a stop already at 0.8896 and profits 0.9220, 0.9750.
USD/CAD
U.S. dollar against the Canadian dollar continues to rise and looking at volumes, uptrend will continue. But there are signs of a deeper correction below 1.0900. Until the situation becomes clearer, I'm out of the market.
USD/CHF
Frank continues to strengthen against the U.S. dollar. Price did retest the previous accumulated volumes and went below them last week. The goal is still - update 0.8567.
USD/JPY
Yen came from the accumulation zone volumes. As he wrote in the previous review, I'll open positions on the retest 102.30 with a stop at 100.74 and 105.50 with the targets above.
USD/RUB
Ruble remains under pressure. Recently, there is a high volatility, there are large volumes. First target completed - Update historical maximum 36.55. As written before, I opened a long position at 36.10 with a stop at 35.35 and profit above 37.
EUR/USD
Price updated 1.3897 this week and moving toward my target higher. Large volumes were in the range of 1.3510-3550. I continue to hold long positions from 1.3670 with a stop at 1.3477 with rearranged 1.3670. I expect continued growth in the region 1.4240-4400.
GBP/USD
Again there was a large accumulation of 1.6700-6750 this week. I still continue to maintain growth in the region 1.6880-7045. I'm going to open long positions on the retest 1.6675 with a stop 1.6583 next week.
AUD/USD
The Australian dollar is in a downtrend. However, after the consolidation in 0.8700-8950 volume and accumulation there, the price went into a deeper correction. I opened a long position at 0.8896 with a stop already at 0.8896 and profits 0.9220, 0.9750.
USD/CAD
U.S. dollar against the Canadian dollar continues to rise and looking at volumes, uptrend will continue. But there are signs of a deeper correction below 1.0900. Until the situation becomes clearer, I'm out of the market.
USD/CHF
Frank continues to strengthen against the U.S. dollar. Price did retest the previous accumulated volumes and went below them last week. The goal is still - update 0.8567.
USD/JPY
Yen came from the accumulation zone volumes. As he wrote in the previous review, I'll open positions on the retest 102.30 with a stop at 100.74 and 105.50 with the targets above.
USD/RUB
Ruble remains under pressure. Recently, there is a high volatility, there are large volumes. First target completed - Update historical maximum 36.55. As written before, I opened a long position at 36.10 with a stop at 35.35 and profit above 37.