Intraday trading analysis (tips) on EUR/USD for 1 February 2011, we recommend Long (Buy) EUR/USD Above 1.3675 for target of 1.3755 and 1.3795 keep stop loss below 1.3655. Why to go Long: This pair has shown positive breakout and is firmly trading above the intermediate resistance of 1.3695 level today, so the uptrend must continue till the next resistance of 1.3795 level on 4 hour chart, trading ... [Continue Reading]
EUR/USD to Continue Uptrend Targeting 1.38 Next Week 24 Jan 2011
We saw more than 600pips rally in EUR/USD last week and it was quite strong after the NFP data release. So we are expecting this rally to continue upto its next resistance 1.375. So we will be looking for buying opportunities as long as the pair holds above 1.3515 level. Also we may witness high volatility in other cross pairs. As per our analysis we recommend you to place long orders in EUR/USD ... [Continue Reading]
EUR/USD Intraday Trading Analysis: Buy EURO Above 1.3515
Intraday trading analysis (tips) on EUR/USD for 21 January 2011, we recommend Long (Buy) EUR/USD Above 1.3515 for target of 1.3555 and 1.3585 keep stop loss below 1.3495. Why to go Long: This pair has shown positive breakout and is firmly trading above the intermediate resistance of 1.3495 level today, so the uptrend must continue till the next resistance of 1.3585 level on 4 hour chart, trading ... [Continue Reading]
EUR/USD Intraday Trading Analysis: Buy EURO Above 1.3425
Intraday trading analysis (tips) on EUR/USD for 19 January 2011, we recommend Long (Buy) EUR/USD Above 1.3425 for target of 1.3475 and 1.3495 keep stop loss above 1.3405. Why to go Long: This pair has shown positive breakout and is firmly trading above the intermediate resistance of 1.3395 level today, so the uptrend must continue till the next resistance of 1.3495 level on 4 hour chart, trading ... [Continue Reading]
GBP/JPY for Intraday: 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 ... [Continue Reading]
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