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Currency World

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Currency World USD/Euro one year history Canadian Dollar Price History One-year CAD- Yahoo Finance JPY Price History One year Yen -Yahoo Finance Yen Price History 5 ... – PowerPoint PPT presentation

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Title: Currency World


1
Currency World
2
USD/Euroone year history
3
Canadian Dollar Price History
  • One-year CAD- Yahoo Finance

4
JPY Price History
  • One year Yen -Yahoo Finance

5
Yen Price History
  • 5-year JPY- Yahoo Finance

6
                                               
                                                  
                                                  
                                                  
       
7
Analysis
The longer term USDJPY decline may have
resumed. The advance from 87.09 is in 3 waves
and price has dropped below the wave A high at
94.67, confirming that the decline is in 3 waves
(and can not become an impulse). 96.20/90 is the
zone to sell into, against 99.
8
Hot Trades
  • Long USD/Yen for next few days stop below 95.90
  • Long USD/CAD while oil prices are below 50.
    Place stop order below 1.2350
  • Short Euro/USD- if equity market stays dormant
    and 1.2350 is broken
  • Long Euro/JPY cross if it breaks 125-126

9
Derivatives Market
  • Risky trade
  • Some exotic currencies
  • Short MXN futures/option below 15 (/MXN)
  • Long Korean Won (1550) if semiconductor index
    improves
  • Less risky trade
  • Buy June delivery, Euro/ CHF (below 1. 46)

10
Swiss Franc Based on Euro
  • One year price history INO Real-time Currencies

11
Index trading
  • The U.S. Dollar Index is computed using a
    trade-weighted geometric average of six
    currencies. The six currencies and their trade
    weights are Euro, Yen, British Pound, Swedish
    krona, Canadian dollar and Swiss Franc.
  • USDX- long futures if it breaks 90.6. This is a
    passive investment

12
USDX Currency Index
  • One year USD Index History- INO Real-time
    Currencies
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