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Forum Guru
 
Group: Administrators
Last Login: 8/25/2010 9:38:53 AM
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TRADING CENTRAL's FX OPTIONS TREND OPINIONS
12:24 GMT - 08:24 NYT - Tuesday, May 10, 2010
ISE Swedish Krona OUTLOOK
SKA (USD/SEK on ISE): USD weakness expected
Our forecast: Down move towards 73 or even 70.
Comment: The RSI is turning down, the pair should strike against its channel upper boundary.
To leverage our Trend Opinion on the ISE Swedish Krona we can use different options :
1. Buy SKA Jun 19 '10 $77 Put
1. Buy SKA Jun 19 '10 $79 Put
1. Buy SKA Jul 17 '10 $77 Put
Click here to view supporting charts and data for our trend opinion:
http://www.fxoptions.com/Site/NewTrendOpinions.aspx
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