Daily Recommendation 29/07/2010:Buy AUD/USD
Buy AUD/USD @ 0.8980 SL @ 0.8890, TP1 @ 0.9040, TP2 @ 0.9090, TP3 @ 0.9140
The forex pair has been trading upwards since the beginning of July and is continuing to do so after a recent retracement.
All analysis is based on the 8 hour chart.
For Questions comments and further information call us at + 357.220.226.68.
Forex Recommendation
Sell USD/CAD SL @ 1.0520, TP1@ 1.0300, TP2 @ 1.0240, and TP3 @ 1.0180
The pair has been on a downtrend since last year and we believe it will continue to do so. .
Increasing Oil prices supports the downtrend of the USD/CAD as well.
SL is located just above the last peek the pair have reached in the past week.
All analysis is based on the 4 hour and daily charts
For Questions comments and further information call us at + 357.220.226.68.
Last price: 1.0355
Forex Recommendation for Today
Sell AUD/NZD - SL @ 1.2340, TP1 1.2240, TP2 1.22, TP3 1.2125
The pair based a strong resistance at the 1.2340 zone and seems to reverse down again.
The RSI is below 50 showing negative trend for the pair.
All analysis is based on the 1 hour charts.
For Questions comments and further information call us at + 357.220.226.68.
Last: 1.2287









































