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

From efxnews.com

The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, GBP/USD, AUD/USD, NZD/USD, and USD/CAD. EUR/USD: We prefer the short side, but would only get involved on the extremes. Fade a 50-60 pip move to either side, with a stop below 1.0730 and above 1.0920. We were better sellers yesterday, but volumes were low. GBP/USD: Cable traded up above 1.4800 yesterday, but didn't remain there for long and sold off aggressively. We prefer selling rallies closer to 1.4780/1.4800, with a stop above yesterday's high, targeting a move towards 1.4635. AUD/USD: Equities will remain in focus, with ... (full story)