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

Daily market recommendations Wednesday 04-12-2013

Discussion in 'Forex Discussions' started by Ahmed Mahmoud, Dec 4, 2013.

  1. Ahmed Mahmoud

    Ahmed Mahmoud New Member

    Joined:
    Nov 17, 2013
    Messages:
    21
    Likes Received:
    0
    EURUSD Near Term : Upside favored
    Pivot Point : 1.3545
    EURUSD is Upside favored , So Buy at 1.3545 with Target at 1.362
    If breaks below pivot 1.3545 Sell with Target at 1.352

    GBPUSD Near Term : Downside favored
    Pivot Point : 1.6450
    GBPUSD is Downside favored ,So Sell at 1.645 with Target at 1.632
    If breaks above pivot 1.645 Buy with Target at 1.65

    USDJPY Near Term : Downside favored
    Pivot Point : 102.85
    USDJPY is Downside favored ,So Sell at 102.85 with Target at 101.9
    If breaks above pivot 102.85 Buy with Target at 103.35

    Crude Oil Near Term : Upside favored
    Pivot Point : 95.60
    Crude Oil is Upside favored , So Buy at 95.6 with Target at 98
    If breaks below pivot 95.6 Sell with Target at 95

    Gold Near Term : Downside favored
    Pivot Point : 1226
    Gold is Downside favored ,So Sell at 1226 with Target at 1208
    If breaks above pivot 1226 Buy with Target at 1234



    Most important Forex Events for Today(GMT)
    • GDP for Australian Dollar at 00:30
    • Services PMI for British Pound at 09:30
    • Trade Balance for US Dollar at 13:30
    • Trade Balance for Canadian Dollar at 13:30
    • ISM Non-Manufacturing PMI for US Dollar at 15:00
     
Loading...

Share This Page