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#1 30-04-2015 11:34:32

johnedward
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From: Paris - France
Registered: 21-12-2009
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EUR/USD, AUD/USD, NZD/USD: UBS bank's trade recommendations for today

EUR/USD, AUD/USD, NZD/USD: UBS bank's trade recommendations for today

     

http://www.forex-central.net/forum/userimages/ubs.png


Here are today's intraday recommendations from:

EUR/USD: We had another volatile session yesterday, especially once 1.1050 were reached. As the market is short overall, medium-term traders may get nervous. We are forced to return to long positions given the evolution of the pair in the last few days. The risk now is that the squeeze could continue from now until the end of the month.

AUD/USD: Sell rallies at 0.8030-50 with a stop loss above 0.8080.

NZD/USD: Sell keeping in mind a closure of the RBNZ's gap at 0.7660-0.77 with a tight stop above 0.7750.


"Anything worth having is worth going for - all the way." - J.R. Ewing

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