Aspenalysis: Simple To Follow FX Trade Ideas

Pretty basic:

5.29.12eur15minV1.png
 
Longs in USD/CHF? Technically it is solid - just pay close attention to the S&P's as a more robust rally could be unfolding - a more sustained rally in the S&P's would drive USD/CHF lower. That analysis is laid out in the video below:

6.5.12chfTI.png


Video Analysis of the S&P's: 6.5.12TI - Aspen_Trading's library
 
Where is the EUR/USD going from here? Join us tonight at 4 PM EST for a 30-minute presentation that unveils the day-to-day strategies and techniques that we use to make our forecasts.

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Feeling a bit bold? Don't have much faith in the current rally in the S&P's (key resistance at 1350/60)?

If so, the laggard of the FX world, EUR, is worth noting for possible short positions.

6.19.12EURUSD_30min.png
 
While the chart pattern below is pretty straight-forward and NZD has been the best performing G10 currency in June (+5%) further gains are dependent on buoyant equity markets. That of course is the wild card. However, if you are inclined to favor stronger equity markets, longs in NZD/USD (kiwi) are worth a look...

6.21.12nzd45min.png
 
Nightly Video Update:

Wow - great day in the markets and lots to share with you tonight...

Watch Video

The 'risk off' rally continues today as we cited in the video update from last night. Per that we have been filled on a short in EUR/USD at a revised entry of 1.2570 (initially issued at 1.2625). We had also cited longs in USD/CHF in and around the .9550 area and that too has worked out real well. The updated USD/CHF chart is below.

Congrats to those that took the FREE trial offer last night and are now short EUR/USD - not too late to take advantage as the offer ends tonight - promo code FREETRIAL

6.22.12chfTARGET.jpg
 
Short-Term Update/Outlook

USD/CHF looking to make a break above near-term resistance at .9590 - a successful breach should see prices head towards .9646/54
 
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