AUD is highest interest yielding free float currency available today, this is one of the successful carry trade to hold the AUD with a low yield currency such as USD, JPY or CHF. Intraday trading analysis (tips) for AUD/USD 4 July 2011, we recommend, Enter buy AUDUSD above 1.0705 for target of 1.0755 and 1.0785 also place protective stop loss below 1.0685. Reason to trade AUDUSD long: The AUDUSD ... [Continue Reading]
Currency: EUR/JPY Trading Analysis for 4 July 2011: Sell EURJPY below 117.15
EURJPY is a cross pair know for its huge volatile move it is most active on Asian and European sessions. Short term trading analysis (tips) for EUR/JPY 4 July 2011, we recommend, Enter short in EURJPY below 117.15 for short term target of 116.15 and 115.15 also place protective stop loss above 117.75. Reason to trade EURJPY short: The EURJPY was on uptrend but we seeing some selling due to ... [Continue Reading]
Forex: GBP/USD Trading Analysis for 4 July 2011: buy GBPUSD above 1.6055
GBP is highly supported by the BoE (Bank of England), due to its continuous buying GBP assets it keeps the GBP moving higher. Intraday trading analysis (tips) for GBP/USD 4 July 2011, we recommend, Enter long in GBPUSD above 1.6055 for target of 1.6125 and 1.6175 also place protective stop loss below 1.6005. Reason to trade GBPUSD long: GBPUSD has bounced from 1.5905 level and now we see a good ... [Continue Reading]
Forex: USD/CHF Trading Analysis for 4 July 2011: Sell USDCHF below 0.8495
CHF (swiss frank) is also know as the safe heaven due the politically neutral economy due to its banks secrecy laws. Intraday trading analysis (tips) for USD/CHF 4 July 2011, we recommend, Enter short in USDCHF below 0.8495 for target of 0.8445 and 0.8405 also place protective stop loss above 0.8515. Reason to trade USDCHF short: As the CHF has started to strengthen more as compared to USD. On ... [Continue Reading]
Forex: EUR/USD Trading Analysis for 30 June 2011: buy EURUSD above 1.4515
EURUSD is today most traded pair on the Forex, also making it most liquid pair. EURO is having high interest rate than USD so many traders only look for buys in EURO. We provide our daily recommendation on EURUSD pair every day for free. Today's trading technical analysis (tips) for EUR/USD 30 June 2011, we recommend, enter long position (buy) in EURUSD above 1.4515 for target of 1.4555 and 1.4585 ... [Continue Reading]
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