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]
Eur/Usd Intraday Analysis: Short EUR/USD Below 1.3650
Our trading analysis on EUR/USD, we recommend sell EUR/USD Below 1.3650 for target of 1.3595 and 1.3570 keep stoploss above 1.3666. Why to go Short: We see this pair has formed a bearish channel on its 30 min chart. Also it is still trading below its 20 DMA (Days Moving Average). Trend should stay bearish for today (16-November-2010). ... [Continue Reading]
Eur/Usd Analysis: Sell EUR/USD Below 1.3670
Our Analysis on EUR/USD, we recommend sell EUR/USD Below 1.3670 for intraday target 1.3636 and 1.3615 keep stop loss above 1.3690. Why to go Short: We saw this pair was trading below its 20 DMA (Days Moving Average) on 30 min chart. Trend should be negative for today. ... [Continue Reading]
EUR/USD Intraday Call: Rebound Expected for 27-Oct-2010
Our View: Enter long (Buy) position above 1.3795 with targets @ 1.3873 & 1.3917 in extension. Alternative outlook: Enter Short (Sell) Below 1.3772 for further downside with 1.3755 & 1.3705 as targets. Why to go long: the RSI is turning up, the pair has rebounded from its support and should post a further up move. ... [Continue Reading]