Trades for 19 June 2013

As requested by readers, I will add some explanation on my selection trades.

AUD/NZD

Buy stop @ 1.1870
Sell stop @ 1.1830
Please trade carefully as there is a support line at 1.1815.

CAD/CHF

Buy stop @ 0.9010
Sell stop @ 0.8970
Most of the brokers have spread above 5 pips for this pair. Unless the spread is below 5 pips please don't trade this pair. You can look for 50 pips TP.

EUR/CAD

Buy stop @ 1.3710
Sell stop @ 1.3660
EUR/CAD is currently on uptrend but, it is testing resistance on weekly chart. You can look for 50 pips TP.

EUR/GBP

Buy stop @ 0.8580
Sell stop @ 0.8550
You can look for 30 pips TP. Please note this pair is testing major resistance level.

EUR/USD

Buy stop @ 1.3410
Sell stop @ 1.3380
You can look for 30 pips TP. Please note this pair is testing resistance at 1.3415.

GBP/JPY

Buy stop @ 149.50
Sell stop @ 148.57
You can look for 50 pips TP. Please note this pair is heavily ranging.

GBP/USD

Buy stop @ 1.5660
Sell stop @ 1.5610
You can look for 30 pips TP.

NZD/JPY

Buy stop @ 76.40
Sell stop @ 75.85
Most of the brokers have spread above 5 pips for this pair. Unless the spread is below 5 pips please don't trade this pair. You can look for 50 pips TP.

USD/CHF

Buy stop @ 0.9210
Sell stop @ 0.9170
You can look for 30 pips TP.