GBP/JPY for Short Term: Sell GBP/JPY Below 131.35

Intraday trading analysis (tips) on GBP/JPY for 17 January 2011, we recommend Short (Sell) GBP/JPY Below 131.35 for target of 130.85 and 130.55 keep stop loss above 131.65.

Why to go Short: This pair has seen stiff resistance by its 200DMA on daily chart, so we may see the pair weakening to its next support of 130.85. Technical indicators are however mixed and the pair seems to loose upward momentum.

0 Shares

You Should Read This:

Intraday Trading Analysis on EUR/USD: Sell EUR/USD Below 1.3395 Our intraday trading analysis on EUR/USD, we recommend Short (Sell) EUR/USD Below 1.3395 for target of 1.3345 and 1.3295 keep stoploss above 1.3415. Why to go Short: This pair has been trading strong for last...
Forex: EUR/USD Intraday Trading Analysis for 16 June 2011: Sell EURUSD below 1.4205 Today’s trading technical analysis (tips) for EUR/USD 16 June 2011, we recommend, enter short position (Sell) in EURUSD below 1.4205 for target of 1.4165 and 1.4135 also place protective stop loss above 1.4225. Reason to...
EUR/USD Intraday Trading Analysis for 10 Feb 2011: Sell EURO Below 1.3645 Intraday trading analysis (tips) on EUR/USD for 10 February 2011, we recommend Short (Sell) EUR/USD Below 1.3645 for target of 1.3615 and 1.3575 keep stop loss above 1.3665. Why to go Short: EURO was seen...
EUR/USD Intraday Trading Analysis: Sell EURO Below 1.3555 Intraday trading analysis (tips) on EUR/USD for 11 February 2011, we recommend Short (Sell) EUR/USD Below 1.3555 for target of 1.3505 and 1.3465 keep stop loss above 1.3575. Why to go Short: EURO was seen...
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...

You Should Read This:

Leave a Reply Cancel reply