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]
Forex: AUD/USD Trading Analysis for 28 April 2011: Buy Above 1.0915
Intraday trading analysis (tips) for AUD/USD 28 April 2011, we recommend, Enter long in AUD/USD above 1.0915 for target of 1.0945 and 1.0975 also place protective stop loss below 1.0895. Reason to trade long: AUD was on uptrend and we see a buying opportunity on AUS. Today AUD/USD has given a very positive breakout, making new high to break past 28 year high. RSI support the up move and is in ... [Continue Reading]
Forex: GBP/JPY Trading Analysis for 28 April 2011: Buy Above 136.45
Intraday trading analysis (tips) on GBP/JPY for 28 April 2011, we recommend to trade Long (Buy) GBP/JPY pair above 136.45 for target of 136.95 and 137.25 keep stop loss below 136.15. Reason behind trading long on GBPJPY: 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 ... [Continue Reading]
Forex: EUR/USD Trading Analysis for 28 April 2011: Buy EURO above 1.4835
Intraday trading analysis (tips) for EUR/USD 28 April 2011, we recommend, Enter long position in (Buy) EUR/USD above 1.4835 for target of 1.4875 and 1.4915 also place protective stop loss below 1.4815. Reason to trade long: The pair has broke above the 1.4815 level and is strongly heeding towards 1.49 level. Giving solid trading opportunity in this strong uptrend. Also EURO has strongly ... [Continue Reading]
Forex: EUR/USD Trading Analysis for 21 April 2011: Buy EURO above 1.4585
Intraday trading analysis (tips) for EUR/USD 21 April 2011, we recommend, Enter long position in (Buy) EUR/USD above 1.4585 for target of 1.4625 and 1.4655 also place protective stop loss below 1.4565. Reason to trade long: The pair has broke above the 1.4555 level and is strongly heeding towards 1.46 level. Giving solid trading opportunity in this strong uptrend. Also EURO has strongly ... [Continue Reading]
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