Trade Ideas are short term (mostly intraday) forex strategies realesed daily by UBS analytics. In todays release we can get to know with their ideas for such currency pairs like EUR/USD, GBP/USD, USD/CAD, AUD/USD and EUR/NOK.
EUR/USD
Despite of stronger ADP report, EUR/USD dramatically grew this morning. Apparently, more important were FOMC minutes. We strongly recommend play the intraday range before tomorrows payrolls. 
GBP/USD
Cable is still under pressure with Brexit option still live. Liquidity remains an issue and Cable has been very transactional since the beginning of the year. W might get some response from bulls at 1,4567 – 2015 low. Stay focused and play the intraday range.
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AUD/USD
Chinese drama is still the main mover in the region. We’ve got some good news about australian trade balance, but even though – pair is trading lower. Try to follow the trend and fade rallies until 0,7100. 
USD/CAD
With oil on new lows, CAD gets under serious pressure from sellers. It’s not surprising that USDCAD continues to print fresh highs. Liquidity continues to be challenging and intraday price action should remain volatile and choppy in this environment. The key support is still 1.3980/1.4000. Watch out for todays Polloz speech and Iveys report. Support at 1.4050, 1.3980 and 1.3780; resistance at 1.4190, 1.4430 and 1.4670.
EUR/NOK
Similar situation as on USD/CAD. Brent crude is nearing $33.00/bbl and EURNOK traded to a high of 9.7000 overnight. The next resistance comes in at 9.8988, the December 2014 high so there is some space for further gains. Stay focused and follow the trend. 
