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FX League: AUD And USD On Top

Published 03/11/2014, 12:04
Updated 09/07/2023, 11:32

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.)

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