Forex-Analysis for 17September 2013

EUR/USD
A part of the gap, with which the USD started the week yesterday, he could make amends. From the euro-area at comes 05:00 h the data on the economic outlook. From the United States today come at 08:30 h the numbers for consumer price inflation. This is likely all that is better than the forecast, the USD give buoyancy. Anything less will result in sharp losses.

Long: > 1,3352
S/L: 25 Pips
TP:  40 pips
Trailing Stop:  25 Pips

Short: < 1,3305
S/L: 25 Pips
TP:  45 Pips
Trailing Stop: 25 Pips

GBP/USD
Also from the UK inflation data come today at 04:30 h. If there is no gross outliers here, they should support the bullish course of GBP on. This could be curbed only if the data from the U.S. exceed the forecasts today.

Long: > 1,5921
S/L: 25 Pips
TP:  50 Pips
Trailing Stop: 25 Pips

Short: < 1,5866
S/L: 25 Pips
TP:  40 Pips
Trailing Stop: 20 Pips

 

The data for entry, S/L and TP are shown as a guide only and that is probably conservative. They can be adapted to the current market behavior and your own trading style. Also be reminded at the possibility to take part of the benefits in a positive trade.

Banner Sensus Capital

Risk Warning / Disclaimer
The opinions of the author to market behavior do not constitute a solicitation to buy or sell any financial products, but are merely a personal opinion. When you go into the trade in leveraged financial products, you must be aware that a loss up to the amount of your deposit and in addition, can also be an obligation to arise. Make yourself familiar with the active trade or get independent advice before you invest your own money and use only invest money that you can get over the worst case.

 

 

 

Forex Brokers Reviews

  • Exness

    EXNESS is a broker who is working since 2008 in the Forex-Market. The company's headquarters is located in Auckland / New Zealand under the name EXNESS (NZ) Ltd. and is registered and regulated by...

    Read more: Exness

  • FXopen

    FXOpen is an founded in 2005 broker, and one of the world's fastest growing providers. The company is headquartered in Auckland, New Zealand, as FXOpen NZ Ltd and has, in addition to the New Zealand FSPR...

    Read more: FXopen

Binary Option Brokers

  • 24option

    24Option is operating since 2009 in the market for Binary Options, and one of the most established brokers. The company is regulated by the CySEC since 2013, and is licensed under the license no....

    Read more: 24option

  • anyoption

    anyoption™ is a broker which is specialized in trading with binary options since its inception in 2009. The company is based in Cyprus, where it is licensed and regulated by the CySEC. In its...

    Read more: anyoption

Live Cross Rates

The Forex Quotes are powered by Investing.com.