Our intraday trading analysis on EUR/USD, we recommend Short (Sell) EUR/USD Below 1.3245 for target of 1.3155 and 1.3105 keep stoploss above 1.3285. Why to go Short: This pair has been weakening continuously and is now trading below its resistance area and is more likely to weaken further. We see it to approach its intraday support level. So trend should be bearish today (29 November 2010). ... [Continue Reading]
Intraday Trading Analysis on EUR/USD: Sell EUR/USD Below 1.3288
Our intraday trading analysis on EUR/USD, we recommend Long (Buy) EUR/USD Above 1.3288 for target of 1.3345 and 1.3285 keep stoploss below 1.3258. Why to go Long: This pair has been weakening and is now above its support zone, and must move northward. We see it to approach its intraday support level. So trend should be mixed to bullish today (25 November 2010). ... [Continue Reading]
Intraday Trading Analysis on EUR/USD: Sell EUR/USD Below 1.3625
Our intraday trading analysis on EUR/USD, we recommend Short (Sell) EUR/USD Below 1.3625 for target of 1.355 and 1.3475 keep stoploss above 1.367. Why to go Short: This pair has been weakening and must remain under pressure. We see it to approach its intraday support level. So trend should be mixed to bearish today (23 Nov 2010). ... [Continue Reading]
EUR/USD for Intraday Trading: Buy EUR/USD Above 1.3633
Our intraday trading analysis on EUR/USD, we recommend long (Buy) EUR/USD Above 1.3633 for target of 1.3745 and 1.3763 keep stoploss below 1.3593. Why to go Long: This pair has broken above its short term resistance and is more likely to post further upside momentum. So trend should be bullish today (19 Nov 2010). ... [Continue Reading]
GBP/JPY for Intraday: Sell GBP/JPY Below 133.42
Our intraday trading analysis on GBP/JPY, we recommend short GBP/JPY Below 133.42 for target of 133.1 and 132.75 keep stoploss above 133.75. Why to go Short: This pair is still trading below its 50 DMA on Daily chart. 134.20 is a strong resistance level and the pair is likely to stay below this level. So trend should stay mixed to bearish today (19 Nov 2010). ... [Continue Reading]