Marketgeometry

Thursday, January 24, 2008

Currency Stops 1/24/2008

A bunch of stops where hit. Only the USD/CHF was not hit. On the USD/CAD, one should reverse to the short side. The others wait for now.
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EUR/USD - short from 1.4650 stop 1.4620 stopped out do not enter long yet
AUD/USD - short from 0.8800 stop 0.8760 stopped out do not enter long yet
GBP/USD - short from 2.0600 stop 1.9650 stopped out do not enter long yet
USD/CAD - long from 0.9970 stop 1.0190 stopped out reverse short
USD/JPY - short 113.000 stop 106.75 stopped out do not enter long yet
USD/CHF - short 1.1400 stop 1.1050

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