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Daily market recommendations for today Thursday 26-12-2013

Discussion in 'Forex Discussions' started by Ahmed Mahmoud, Dec 26, 2013.

  1. Ahmed Mahmoud

    Ahmed Mahmoud New Member

    Joined:
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    EURUSD Near Term : Upside favored
    Pivot Point : 1.3645
    EURUSD is Upside favored , So Buy at 1.3645 with Target at 1.372
    If breaks below pivot 1.3645 Sell with Target at 1.3615

    GBPUSD Near Term : Upside favored
    Pivot Point : 1.6320
    GBPUSD is Upside favored , So Buy at 1.632 with Target at 1.6405
    If breaks below pivot 1.632 Sell with Target at 1.6295

    USDJPY Near Term : Upside favored
    Pivot Point : 103.75
    USDJPY is Upside favored , So Buy at 103.75 with Target at 104.95
    If breaks below pivot 103.75 Sell with Target at 103.4

    Crude Oil Near Term : Upside favored
    Pivot Point : 98.15
    Crude Oil is Upside favored , So Buy at 98.15 with Target at 100.1
    If breaks below pivot 98.15 Sell with Target at 97.25

    Gold Near Term : Downside favored
    Pivot Point : 1215
    Gold is Downside favored, So Sell at 1215 with Target at 1180
    If breaks above pivot 1215 Buy with Target at 1227


    Most Important Forex Events for Today (GMT):
    • Unemployment Claims for US Dollar at 13:30
    • Tokyo Core CPI for Japanese yen at 23:30
    • Household Spending for Japanese yen at 23:30
     
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