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Daily market recommendations for today Thursday 30-01-2014

Discussion in 'Forex Discussions' started by Ahmed Mahmoud, Jan 30, 2014.

  1. Ahmed Mahmoud

    Ahmed Mahmoud New Member

    Joined:
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    EURUSD Near Term : Downside favored
    Pivot Point : 1.3655
    EURUSD is Downside favored , So Sell at 1.3655 with Target at 1.358
    If breaks above pivot 1.3655 Buy with Target at 1.368

    GBPUSD Near Term : Downside favored
    Pivot Point : 1.6560
    GBPUSD is Downside favored , So Sell at 1.656 with Target at 1.64
    If breaks above pivot 1.656 Buy with Target at 1.659

    USDJPY Near Term : Downside favored
    Pivot Point : 103.05
    USDJPY is Downside favored , So Sell at 103.05 with Target at 101.75
    If breaks above pivot 103.05 Buy with Target at 103.45

    Crude Oil Near Term : Upside favored
    Pivot Point : 96.35
    Crude Oil is Upside favored , So Buy at 96.35 with Target at 98
    If breaks below pivot 96.35 Sell with Target at 95.2

    Gold Near Term : Upside favored
    Pivot Point : 1250
    Gold is Upside favored , So Buy at 1250 with Target at 1272
    If breaks below pivot 1250 Sell with Target at 1244


    Most Important Forex Events for Today (GMT):
    • Unemployment Claims for US Dollar at 13:30
    • Advance GDP for US Dollar at 13:30
    • Pending Home Sales for US Dollar at 15:00
    • RBNZ Gov Wheeler Speaks New Zealand Dollar at 23:00
     
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