We have seen 250 pips move in EUR/USD last week and it was very strong after the breakout above the 1.40 level, after the strengthening of USD. So we are expecting this rally to continue upto its next resistance of 1.4215, which is a declining trend line's upper boundary on weekly chart. So we will be looking for buying opportunities as long as the pair holds above 1.3955 level. Also on lower side ... [Continue Reading]

Intraday trading analysis (tips) for EUR/USD 18 March 2011, we recommend, Enter long (buy) EUR/USD) above 1.4075 for target of 1.4105 and 1.4135 also place protective stop loss below 1.4045. Reason to go Long: The pair finally trading strong and is showing one of the strong trending markets. Also EURO has strongly accumulated upward momentum and is firmly trading above its resistance level ... [Continue Reading]

Intraday trading analysis (tips) for EUR/USD 14 March 2011, we recommend, Enter long (buy) EUR/USD) above 1.3945 for target of 1.3995 and 1.4025 also place protective stop loss below 1.3925. Reason to go Long: The pair finally took its support at 38.2 % retracement level and is bouncing from that level towards the (1.3995). Also EURO has strongly accumulated upward momentum and is firmly trading ... [Continue Reading]

Intraday trading analysis (tips) for EUR/USD 11 March 2011, we recommend, Enter short (sell) EUR/USD below 1.3795 for target of 1.3745 and 1.3715 also place protective stop loss above 1.3815. Reason to go Short: The pair didn't take support at 38.2 % retracement level and is heading towards the 50 % retracement level (1.3737). Also EURO has broken its support level and the pair is now heading ... [Continue Reading]

We have seen 350 pips rally in EUR/USD last week and it was not that strong until the breakout above the 1.387 level, after the NFP data release on 4 March 2011. So we are expecting this rally to continue upto its next resistance of 1.4105. So we will be looking for buying opportunities as long as the pair holds above 1.3865 level. Also we may witness high volatility in other cross pairs. As per ... [Continue Reading]