Forex intraday trading analysis (tips) on EUR/USD for 10 January 2011, we recommend Short (Sell) EUR/USD Below 1.2985 for target of 1.2935 and 1.2905 keep stop loss above 1.3010. Why to go Short: This pair has shown negative breakout below 1.1.3005 level last friday, so the trend must follow till its first support level of 1.2905. So we expect the pair should further weaken to test the immediate ... [Continue Reading]
Forex Trading Analysis on EUR/USD: Sell EUR/USD Below 1.3225
Intraday trading analysis (tips) on EUR/USD for 5 January 2011, we recommend Short (Sell) EUR/USD Below 1.3225 for target of 1.3145 and 1.3115 keep stop loss above 1.3255. Why to go Short: This pair has shown negative breakout below 1.3225 level today, so the trend must follow till its first support level of 1.3145. So we expect the pair should further weaken to test the immediate support level ... [Continue Reading]
Forex Trading Analysis on EUR/USD: Buy EUR/USD Above 1.3195
Intraday trading analysis (tips) on EUR/USD for 28 December 2010, we recommend Long (Buy) EUR/USD Above 1.3195 for target of 1.3245 and 1.3265 keep stoploss above 1.3175. Why to trade Long: This pair has shown positive breakout above 1.3185 level today, so the trend must follow till its first resistance of 1.3245. So we expect the pair should further strengthen to test the resistance of 1.3245 ... [Continue Reading]
Forex: Day Trading Analysis on EUR/USD: Sell EUR/USD Below 1.3135
Our intraday trading analysis on EUR/USD for 23 Dec 2010, we recommend Short (Sell) EUR/USD Below 1.3135 for target of 1.3085 and 1.3055 keep stoploss above 1.3155. Why to go Short: This pair has been trending downward. So we expect the pair should further weaken to test its new support level (1.3055) on intraday basis following its current trend. Hence trend should be bearish for today's session ... [Continue Reading]
Forex: Day Trading Analysis on EUR/USD: Sell EUR/USD Below 1.3195
Our intraday trading analysis on EUR/USD for 21 Dec 2010, we recommend Short (Sell) EUR/USD Below 1.3195 for target of 1.3135 and 1.3095 keep stoploss above 1.3225. Why to go Short: This pair has been trading with huge volatility for last week, but now we can see it again trending downward. So we expect the pair should further weaken to test its new support level (1.3135) on intraday basis ... [Continue Reading]
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