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Currency World 12/4/2018 Nordon Company.

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Presentation on theme: "Currency World 12/4/2018 Nordon Company."— Presentation transcript:

1 Currency World 12/4/2018 Nordon Company

2 USD/Euro one year history
12/4/2018 Nordon Company

3 Canadian Dollar Price History
One-year CAD- Yahoo Finance 12/4/2018 Nordon Company

4 JPY Price History One year Yen -Yahoo Finance 12/4/2018 Nordon Company

5 Yen Price History 5-year JPY- Yahoo Finance 12/4/2018 Nordon Company

6                                                                                                                                                                                                              12/4/2018 Nordon Company

7 Analysis The longer term USDJPY decline may have resumed. The advance from 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) /90 is the zone to sell into, against 99. 12/4/2018 Nordon Company

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 Short Euro/USD- if equity market stays dormant and is broken Long Euro/JPY cross if it breaks 12/4/2018 Nordon Company

9 Derivatives Market Risky trade Some exotic currencies Less risky trade
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) 12/4/2018 Nordon Company

10 Swiss Franc Based on Euro
One year price history –INO Real-time Currencies 12/4/2018 Nordon Company

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 This is a passive investment 12/4/2018 Nordon Company

12 USDX: Currency Index One year USD Index History- INO Real-time Currencies 12/4/2018 Nordon Company


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