Today's trading technical analysis (tips) for EUR/USD 1 June 2011, we recommend, Accumulate EURO i.e enter long position (Sell) in EURUSD above 1.4445 for target of 1.4495 and 1.4525 also place protective stop loss below 1.4425. Reason to trade long: The EURUSD pair has bounced from the 1.40 levels and we are sure that the pair has gained enough momentum and is ready to resume its up move. Again ... [Continue Reading]
Bullion: Gold (Spot) Trading Analysis for 1 June 2011, Buy above 1531
Gold intraday trading analysis for 1 June 2011, we recommend to trade long in Gold above 1531 level for targets as 1535 and 1539. Stop loss must be placed below 1528 level. Reason to trade long on Gold : Gold has resumed its long term up trend after trading above the 1525 support zone. we believe it is ready for the up move. So we see that gold will continue its long term trend as the technical ... [Continue Reading]
Forex: GBP/JPY Trading Analysis for 1 June 2011: Buy GBPJPY above 133.35
Intraday trading analysis (tips) on GBP/JPY for 1 June 2011, we recommend to trade long (buy) GBPJPY pair above 133.35 for target of 133.85 and 134.45 placing the stop loss below 133.05. Reason for trading GBPJPY long: The GBPJPY pair has been trading in very volatile suggesting for the range trading opportunity. So trading with the support resistance levels we advice to traders to take long ... [Continue Reading]
Forex: AUD/USD Trading Analysis for 1 June 2011: Sell AUDUSD above 1.0725
Intraday trading analysis (tips) for AUD/USD 1 June 2011, we recommend, Enter long in AUDUSD above 1.0725 for target of 1.0765 and 1.0795 also place protective stop loss below 1.0705. Reason to trade AUDUSD long: The AUDUSD pair has always attracted the investors for the carry trade as the interest rates are very high in Australian economy. For long term we are always looking for buying ... [Continue Reading]
Forex: EUR/JPY Trading Analysis for 1 June 2011: Buy EURJPY Above 116.65
Short term trading analysis (tips) for EUR/JPY 1 June 2011, we recommend, Enter long in EURJPY above 116.65 for short term target of 121.75 and 125.85 also place protective stop loss below 115.65. Reason to trade EURJPY long: The EURJPY was on uptrend and we see a good buying opportunity due to strong EURO. EURO has been showing some strength and is more likely to continue the current uptrend to ... [Continue Reading]
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