Intraday trading analysis (tips) for AUD/USD 29 April 2011, we recommend, Enter long in AUD/USD above 1.0875 for target of 1.0915 and 1.0945 also place protective stop loss below 1.0855. Reason to trade long: AUD was on uptrend and we see a buying opportunity on AUS. Yesterday AUD/USD has given a very positive breakout, making new high to break past 28 year high. RSI support the up move and is ... [Continue Reading]
Currency: EUR/JPY Trading Analysis for 29 April 2011: Buy Above 120.75
Intraday trading analysis (tips) for EUR/JPY 29 April 2011, we recommend, Enter long in EUR/JPY above 120.75 for target of 121.15 and 121.55 also place protective stop loss below 120.55. Reason to trade long: EURJPY was on uptrend and we see a good buying opportunity due to strong EURO. EURO has been showing some strength and is more likely to continue the current uptrend to test its next ... [Continue Reading]
Forex: GBP/JPY Trading Analysis for 29 April 2011: Buy Above 135.55
Forex Intraday trading analysis (tips) on GBP/JPY for 29 April 2011, we recommend to trade Long (Buy) GBP/JPY pair above 135.55 for target of 135.95 and 136.25 keep stop loss below 135.25. Reason behind trading long: This pair has been trading in a bullish channel, supported by rising trend line, so trading in the direction of trend we will be looking for only buying opportunity as long as the ... [Continue Reading]
Forex: EUR/USD Trading Analysis for 29 April 2011: Buy EURO above 1.4825
Intraday trading analysis (tips) for EUR/USD 29 April 2011, we recommend, Enter long position in (Buy) EUR/USD above 1.4825 for target of 1.4865 and 1.4895 also place protective stop loss below 1.4805. Reason to trade long: The EURUSD pair has broke above the 1.4815 level and is now heading towards 1.49 level. Giving solid trading opportunity in this strong uptrend. Also weak US GDP data that was ... [Continue Reading]
Forex: EUR/JPY Trading Analysis for 28 April 2011: Buy Above 121.15
Intraday trading analysis (tips) for EUR/JPY 28 April 2011, we recommend, Enter long in EUR/JPY above 121.15 for target of 121.45 and 121.75 also place protective stop loss below 120.85. Reason to trade long: JPY was on downtrend and we see a selling opportunity on JPY. EURO has been showing some strength and is more likely to continue the current uptrend to test its next resistance level. RSI ... [Continue Reading]
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