FX Signals

	FX Signals

EUR-USD: 1.3776 ( Positive)

Trend summary

Minor profit taking pressure seen in the Euro, but the uptrend remains intact

Trade: Limit buy at 1.3750 , SL 1.3675, Exit 1.3875

Trade Adjustment: None.

USD–CAD: 1.0449 (positive)

Trend Summary and view

A sustained rise from short term moving averages could hold the price trend positive towards 1.0600

Trade: Limit buy 1.0420, SL 1.0350, Exit 1.0550

Trade adjustments: None

GBP-USD: 1.5650 ( weak)

Trend Summary and view

The pair is stuck in a broad consolidation which is likely to see more selling coming into a fall to 1.5450. Even as we see a rally to 1.5725-1.5750 the pair is still prone to selling interest.

Trade: Limit sell 1.5680 , SL 1.5750, Exit 1.5500

Trade adjustments: None

NZD-USD: 0.8260 (weak)

Trend Summary and view

Short term weakness in the Nez Dollar could test earlier swing lows of 0.8180.

Trade: limit sell 0.8280 , SL 0.8350, Exit 0.8150

Trade Adjustments: None

USD-CHF: 0.8960 (positve)

Trend Summary and view

the Dollar rebound from oversold conditions could lead the pair higher to 0.9050

Trade: Limit buy at 0.8940 , SL 0.8880, Exit 0.9075

Trade adjustments: None

AUD-USD: 0.9507 (weak)

Trend Summary and view

Short term momentum signals are weak which may hold the pair down towards 0.9400

Trade: Limit sell at 0.9525 SL 0.9600, Exit 0.9400

Trade Adjustments: None

Disclaimer: FX trading is highly risky and involves loss of equity.The information presented in the article is gathered from the sourced believed to be true and we do not guarantee accuracy of the data at the time of writing or trade execution. TrendProfiles Financial services Pvt ltd, does not hold responsible for profit/losses generated out of the trade ideas presented.

Last Updated on Tuesday, 29 October 2013 03:46