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April 2012

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    Looking to buy USD/CHF

    By Luv Sharma 393 days ago

    Categories: Forex

      USD/CHF has broken above the important 0.93 level in this current leg higher. We will be looking to buy pullbacks in the 0.9330-0.9300 region for targets above 0.95. The mentioned region is horizontal, psychological and Fibonacci support...

    5/5 stars (1 votes)

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    EUR/GBP Setup

    By Luv Sharma 408 days ago

    Categories: Forex

      EUR/GBP is another pair to watch out for over the coming days. This pair has seen a steep fall from the 0.85 level. This pair is coming up against the important psychological and horizontal support in the 0.80 region. The daily RSI is...

    5/5 stars (2 votes)

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    EUR/USD trade setup

    By Luv Sharma 412 days ago

    Categories: Forex

      EUR/USD has reversed after a test of the longer term trend line from the 1.450 highs. It has also broken below its shorter term trend line that had guided it higher from the 1.30 lows. We will be looking for opportunities to short the...

    5/5 stars (2 votes)

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    Short AUD/NZD

    By Luv Sharma 413 days ago Comments (1)

    Categories: Forex

    AUD/NZD had broken below the uptrend channel from 1.2520 on the RBA rate cut yesterday. This current retest of the broken trend channel provides a good opportunity to go short the pair. I am short from 1.2707 with stops above 1.2750 and minimum...

    5/5 stars (2 votes)