Intraday trading analysis (tips) for AUD/USD 23 May 2011, we recommend, Enter short in AUD/USD below 1.0595 for target of 1.0545 and 1.0505 also place protective stop loss above 1.0615. Reason to trade short: USD has been trading strongly and has now picked strong momentum for near term trading prospective. So for intraday trading we will be looking for selling opportunities in this pair as long ... [Continue Reading]
Forex: USD/CHF Trading Analysis for 23May 2011: Sell Below 0.8795
Intraday trading analysis (tips) for USD/CHF 23 May 2011, we recommend, Enter short in USD/CHF below 0.8795 for target of 0.8765 and 0.8735 also place protective stop loss above 0.8815. Reason to trade short: As the CHF has started to strengthen more as compared to USD. On daily chart we find USD/CHF is on strong downtrend and this down move may continue. We see a good selling opportunity today ... [Continue Reading]
Forex: USD/CHF Trading Analysis for 19 May 2011: Sell Below 0.8795
Intraday trading analysis (tips) for USD/CHF 19 May 2011, we recommend, Enter short in USD/CHF below 0.8795 for target of 0.8755 and 0.8725 also place protective stop loss above 0.8815. Reason to trade short: As the CHF has started to strengthen. On daily chart we find USD/CHF is on strong downtrend and this down move may continue. We see a good selling opportunity today on Daily chart. CHF has ... [Continue Reading]
Forex: USD/CHF Trading Analysis for 16 May 2011: Buy Above 0.8925
Intraday trading analysis (tips) for USD/CHF 16 May 2011, we recommend, Enter long in USD/CHF above 0.8925 for target of 0.8965 and 0.8985 also place protective stop loss below 0.8905. Reason to trade long: As the USD has strengthen last week the CHF has seen the selling hence it has moved from 0.8555 level to 0.8935 levels. On daily chart we find USD/CHF was on strong downtrend and this upmove ... [Continue Reading]
Forex: GBP/USD Trading Analysis for 16 May 2011: Sell below 1.6205
Intraday trading analysis (tips) for GBP/USD 16 May 2011, we recommend, Enter short in GBP/USD below 1.6205 for target of 1.6155 and 1.6115 also place protective stop loss order above 1.6225. Reason to trade short: GBPUSD has seen reversal from 1.6725 level and now we see a good selling opportunity. Strong USD and weak GBP is responsible for this strong down trend. So this down move is likely to ... [Continue Reading]
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