Intraday trading analysis (tips) for USD/CHF 1 June 2011, we recommend, Enter short in USDCHF below 0.8505 for target of 0.8445 and 0.8405 also place protective stop loss above 0.8525. Reason to trade USDCHF short: As the CHF has started to strengthen more as compared to USD. On daily chart we find USD/CHF is on strong downtrend and this down move must continue untill the fundamentals change. We ... [Continue Reading]
Forex: EUR/USD Trading Analysis for 23 May 2011: Sell EURUSD below 1.4115
Today's trading technical analysis (tips) for EUR/USD 23 May 2011, we recommend, Enter short position only in (Sell) EUR/USD below 1.4115 for target of 1.4055 and 1.4015 also place protective stop loss above 1.4135. Reason to trade short: EURUSD pair has witness free fall from 1.50 level to 1.40 level a fall of about 950 pips. This has changed the near term trend of EURUSD to bearish. Also the ... [Continue Reading]
Forex: AUD/USD Trading Analysis for 23 May 2011: Sell Below 1.0595
Intraday trading analysis (tips) for AUD/USD 23 May 2011, we recommend, Enter short in AUD/USD below 1.0595 for target of 1.0545 and 1.0505 also place protective stop loss above 1.0615. Reason to trade short: USD has been trading strongly and has now picked strong momentum for near term trading prospective. So for intraday trading we will be looking for selling opportunities in this pair as long ... [Continue Reading]
Forex: USD/CHF Trading Analysis for 23May 2011: Sell Below 0.8795
Intraday trading analysis (tips) for USD/CHF 23 May 2011, we recommend, Enter short in USD/CHF below 0.8795 for target of 0.8765 and 0.8735 also place protective stop loss above 0.8815. Reason to trade short: As the CHF has started to strengthen more as compared to USD. On daily chart we find USD/CHF is on strong downtrend and this down move may continue. We see a good selling opportunity today ... [Continue Reading]
Forex: USD/CHF Trading Analysis for 19 May 2011: Sell Below 0.8795
Intraday trading analysis (tips) for USD/CHF 19 May 2011, we recommend, Enter short in USD/CHF below 0.8795 for target of 0.8755 and 0.8725 also place protective stop loss above 0.8815. Reason to trade short: As the CHF has started to strengthen. On daily chart we find USD/CHF is on strong downtrend and this down move may continue. We see a good selling opportunity today on Daily chart. CHF has ... [Continue Reading]
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