Trade Ideas For EUR/USD, USD/CHF, AUD/USD - UBS

10 September 2015, 15:12
Vasilii Apostolidi
0
66

The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/CHF, and AUD/USD.

EUR/USD: It is hard to see how the pair will break out of 1.1100-1.1250, but intraday market moves still show a lot of nervousness. Keep playing the tight range and only get involved on the extremes. We prefer the short side, but wait for better levels to sell.

USD/CHF: It is tough to stand in the way of these aggressive moves within the ranges, although fading the extremes usually pays well. 

AUD/USD: Patience is needed, with risk trading nervous for now. We continue to have a slightly bullish bias at current levels and would look to buy dips between 0.6950 and 0.6980, with a stop through 0.6890, targeting a move towards 0.7200.

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