🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

FX League: AUD And USD On Top

Published 03/11/2014, 12:04
Updated 09/07/2023, 11:32
USD/JPY
-
USD/CHF
-
AUD/USD
-
USD/CAD
-
GBP/CHF
-
AUD/CAD
-
AUD/JPY
-
GBP/AUD
-

FX League Table - 6th Fixture:

Let's look at last week's achievements:
1. AUD/USD - LONG from 0.8802 to 0.8797 = LOSS 3 $pips
2. GBP/AUD - SHORT from 1.8268 to 1.8780 = PROFIT 74.24 $pips
3. GBP/CHF - SHORT from 1.5305 to 1.5397 = LOSS 98.72 $pips
4. USD/CHF - SHORT from 0.9517 to 0.9625 = LOSS 115.51 $pips 

The overall result of the week: LOSS 142.99 $pips

*The SWAPs are included in the statistics. 
*$pips term is used to standardize the calculations. So every profit and loss is counted as US Dollar was the base currency. 
*Volumes: 1. Vs 8. – 3 times basic volume, others traded with basic volume. 

The overall FX League result: PROFIT 195.02 $pips !

This week's analysis:

TREND: 

 1

MOMENTUM:

2

OVERALL:

3

***17.362 as a neutral score of the fixture.***
AUD, USD, CHF, GBP – BULLISH!
NZD, EUR, CAD, JPY – BEARISH!

More specifically:

4

Taking all this into account, trades for this week: 
1.   AUD/JPY – LONG from 98.61 (volume: 3*x.)
2.    AUD/CAD – LONG from 0.9873 (volume: x.)
3.    USD/JPY – LONG from 112.71 (volume: x.)
4.    USD/CAD – LONG from 1.1283 (volume: x.)

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.