1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Daily market recommendations for today Tuesday 08-04-2014

Discussion in 'Forex Discussions' started by Ahmed Mahmoud, Apr 8, 2014.

  1. Ahmed Mahmoud

    Ahmed Mahmoud New Member

    Joined:
    Nov 17, 2013
    Messages:
    21
    Likes Received:
    0
    EURUSD Near Term : Upside favored
    Pivot Point : 1.3735
    EURUSD is Upside favored , So Buy at 1.3735 with Target at 1.382
    If breaks below pivot 1.3735 Sell with Target at 1.371

    GBPUSD Near Term : Upside favored
    Pivot Point : 1.6620
    GBPUSD is Upside favored , So Buy at 1.662 with Target at 1.6735
    If breaks below pivot 1.662 Sell with Target at 1.658

    USDJPY Near Term : Downside favored
    Pivot Point : 102.75
    USDJPY is Downside favored, So Sell at 102.75 with Target at 101.7
    If breaks above pivot 102.75 Buy with Target at 103.05

    Crude Oil Near Term : Downside favored
    Pivot Point : 101.4
    Crude Oil is Downside favored, So Sell at 101.4 with Target at 99.8
    If breaks above pivot 101.4 Buy with Target at 102.2

    Gold Near Term : Upside favored
    Pivot Point : 1295
    Gold is Upside favored , So Buy at 1295 with Target at 1316
    If breaks below pivot 1295 Sell with Target at 1284


    Most Important Forex Events for Today (GMT):
    • Monetary Policy Statement for Japanese Yen
    • BOJ Press Conference for Japanese Yen
    • Manufacturing Production for British Pound at 08:30
    • Building Permits for Canadian Dollar at 12:30
     
Loading...

Share This Page