Forex Trading Signals

  • EUR/CAD - Buy @ 1.58 zone
  • EUR/JPY - Sell @ 130 level - Buy @ 120 or lower
  • AUD/USD - Buy @ 63 Zone - Sell @ 70 Zone
  • USD/CAD Buy @ 1.20 Zone - Sell @ 1.30 Zone
  • EUR/CHF - Buy At 1.46 to 1.48 zone
  • USD/CHF Sell @ 1.18 to 1.20 zone
  • GBP/USD - Sell @ 1.50 zone - Buy @ 1.34 zone
  • GBP/JPY - Sell @ 140 zone
  • EUR/USD - Buy @ 1.24-1.26 zone

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Friday, February 13, 2009

CAD/JPY Short @ 73.98 - Stop Set 200 Pips above

After a long wait I decided to go short on this pair. Mostly I went short to see where it will go before next weeks event risks unfold. I am bullish on CAD at this current time but the JPY is still benefiting from it's low interest rate and the mega money players are likely still borrowing it. For now I'm short until the market tells me different.

CAD has tried to reach the 80 handle several times with no success. - It's a bit mid range so this trade does carry more risk than usual.

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