eur/usd forex trading tips
eur/usd pair trading at 1.2961 with heavy loss and high volatility today.today euro made high at 1.3064 while low was 1.2923 and trading near lows.on daily chart today move i strong suggesting of downtrend resumption and in upcoming weeks we may see historic lows here as technical supporting for that.on indicators rsi given signal of fresh bearish rally for euro.
gbp/usd forex trading tips
gbp/usd pair trading at 1.4929 with gains.today pound made low at 1.4897 while high was 1.4981.on daily chart showing some resilience to selling and technical signs developing for technical bounce back rally.short covering also expected here so traders can go long near 1.49 with stoploss below 1.4850 and expect 1.50 to 1.5050.on upside 1.5135 is monthly average and may be target of upcoming rally.
usd/jpy forex trading tips
usd/jpy pair trading at 96.03 with gains.today yen made low at 95.44 while high was 96.25.after yesterday correction move now once again yen resumed downtrend.for tomorrow outlook remain positive and traders can hold longs with stoploss of 95.4 and expect 96.6 to 97 levels as upside target in this pair in intraday.indicators still hovering near overbought zones suggesting fresh long accumulation in dollar.
usd/chf forex trading tips
usd/chf pair trading at 0.9519 with gains.today swiss franc made low at 0.9429 while high was 0.9529.after last 2 session correction move now once again dollar resumed uptrend against swiss franc.now pair trading above weekly average and heading towards fresh short term high.above 0.9480 traders hold longs and expect 0.9580 to 0.9650 as revised upside targets.on daily chart rsi given fresh reversal signal.
usd/cad forex trading tips
usd/cad pair trading at 1.0270 with gains.today Canadian dollar made low at 1.0246 while high was 1.0296.here is same picture and after 5 session correction move us dollar gained against cad and showing signs of resumption of uptrend.for tomorrow traders can expect 1.0315 to 1.0350 as targets while on downside 1.0225 is support of monthly average as well stoploss for short term long positions.
usd/sek forex trading tips
usd/sek pair trading at 6.4223 with huge gains in intraday.today Swedish krona made low at 6.3296 while high was 6.4310.heavy move on hefty volume and fresh long side breakout on short term chart for upside targets.for tomorrow may show some correction which must be used for going long and with stoploss below 6.39 and expect 6.44 to 6.48 levels in intraday with fresh breakout above 3 month average.6.44 is 3 month average level.