Our intraday trading analysis on EUR/USD for 16 Dec 2010, we recommend Long(Buy) EUR/USD Above 1.3275 for target of 1.3225 and 1.3185 keep stoploss above 1.3305. Why to go Short: This pair has been trading with huge volatility for last few sessions, but yesterday it has given breakdown of 1.3305 level and is now trading near 1.3265 so we expect the pair should further weaken to test 1.3225 level ... [Continue Reading]
Intraday Trading Analysis on EUR/USD: Buy EUR/USD Above 1.3225
Our intraday trading analysis on EUR/USD, we recommend Long(Buy) EUR/USD Above 1.3225 for target of 1.3285 and 1.3315 keep stoploss above 1.3205. Why to go Long: This pair has been trading with huge volatility for last few sessions, but today it has given breakout of 1.3225 level and is now trading near 1.3245 so we expect the pair should further strengthen to test 1.3295 level on intraday basis. ... [Continue Reading]
Intraday Trading Analysis on EUR/USD: Sell EUR/USD Below 1.3295
Our intraday trading analysis on EUR/USD, we recommend Short (Sell) EUR/USD Below 1.3295 for target of 1.3195 and 1.3155 keep stoploss above 1.3345. Why to go Short: This pair has been trading with huge volatility for last 2 sessions, but today it has weaken from 1.3295 level and is now trading near 1.3265 so we expect the pair should further weaken to test 1.3195 level on intraday basis. we ... [Continue Reading]
Intraday Trading Analysis on EUR/USD: Sell EUR/USD Below 1.3395
Our intraday trading analysis on EUR/USD, we recommend Short (Sell) EUR/USD Below 1.3395 for target of 1.3345 and 1.3295 keep stoploss above 1.3415. Why to go Short: This pair has been trading strong for last few days, but daily indicators seem to loose the upward momentum, so we believe that it can approach its support level. Hence should be bearish for today (7 December 2010). ... [Continue Reading]
Intraday Trading Analysis on EUR-USD: Sell EUR/USD Below 1.3305
Our intraday trading analysis on EUR/USD, we recommend Short (Sell) EUR/USD Below 1.3305 for target of 1.3225 and 1.3195 keep stoploss above 1.3315. Why to go Short: This pair has been weakening continuously and is now trading below its resistance area and is more likely to weaken further. We see it to approach its intraday support level. So trend should be bearish today (6 December 2010). ... [Continue Reading]
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