Trade Ideas For EUR/USD, GBP/USD, AUD/USD, USD/CAD - UBS

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

EUR/USD: is trading heavy after more dovish ECB news yesterday halted the corrective rally at 1.0777/1.0790, which is the first resistance. The move lower seems to be slowing and there is a chance of some short-term rallies as market participants take profit. However, we still prefer selling into those rallies for now, ideally around 1.0790/1.0820. click Source URL