Thursday, June 23, 2011

6/23 Forex

Six new breakouts among the 124 currency pairs I follow, all with weak trends.

Weak-Trend Breakouts
sym phase adx bday blevel stop atr atr%
AUD/SGD  
15
jun23 S$1.2994 S$1.3095 0.0101 0.8%
DKK/PLN  
22
jun23 zł0.5362 zł0.5331 0.0031 0.6%
EUR/PLN  
22
jun23 zł3.9991 zł3.9757 0.0234 0.6%
GBP/HKD  
20
jun23 HK$12.4870 HK$12.5907 0.1037 0.8%
GBP/USD+*  
19
jun23 US$1.6058 US$1.6194 0.0136 0.9%
USD/PLN  
19
jun23 zł2.8326 zł2.7924 0.0402 1.4%
Major currency pairs, which carry lower margin in the United States, are marked with a plus sign (+) after the symbol. My holdings are marked with an asterisk (*).

The one major pair, GBP/USD, has a slightly bullish carry bias, of around 65 basis points, in a direction contrary to the breakout.