eur/usd forex trading tips
euro dollar pair trading at 1.2874 with loss.today euro made high at 1.3047 while low was 1.2865.today euro after sharp positive opening touched monthly average but failed to breakout and resumed downtrend on profit booking.for tomorrow with trailing stoploss of 1.2940 hold short view and expect 1.2800-1.2750 as downside target levels.euro now recent bottom and if breaks below 1.2850 then once gains we may see 200-300 pips downside fresh run.
gbp/usd forex trading tips
pound dollar pair trading at 1.5175 with loss.today pound made high at 1.5258 while low was 1.5142.on daily chart after coming above monthly average pound once again showing weakness on profit booking after event.on downside 1.5140 is major support if slips below that then expect new breakdown and targets upto 1.5040 to 1.4980.on daily chart rsi given sell signal.
usd/jpy forex trading tips
dollar yen pair trading at 0.9410 with loss.today yen made high at 94.95 while low was 93.99 and trading near lows.on chart slipped below weekly and month averages and trending towards 3 month average levels of 0.9249.weekly and monthly averages formed bearish crossover today and rsi also given fresh sell signal so that was confirmation and traders now hold shorts with trailing stoploss of 0.9475 and expect 0.9250 in next 1-3 sessions.
usd/chf forex trading tips
dollar franc pair trading at 0.9480 with huge gains.today usdchf made low at 0.9383 while high was 0.9490 and trading near it.on daily chart after touching 3 month average pair resumed uptrend and which is buy signal and for tomorrow expect rally will continue after minor correction.with 0.9425 trailing stoploss hold longs and expect 0.9540 on upside in 1-2 sessions.
usd/cad forex trading tips
us dollar vs canadian dollar pair trading at 1.0221 with loss.today usdcad made low at 1.0187 while high was 1.0232 and trading near it with recovery sign.on upside 1.0235 is weekly and monthly averages and strong resistances and if move above it then expect rally will resume for us dollar and will show 1.0300 to 1.0430 on upside in this week.
usd/sek forex trading tips
dollar krona pair trading at 6.5200 with huge gains today.today krona made low at 6.4490 while high was 6.5466 and made new high on daily chart and also touched 3 month average in intraday which is suggestive of rally is strong and upcoming day we can expect 6.58 to 6.62 levels here may be in next 1-2 sessions.rsi showing signs of big bull run here for us dollar against swedish krona.