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Daily market recommendations for today Thursday 12-02-2014

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Daily market recommendations for today Thursday 12-02-2014

Postby Ahmed Mahmoud » Thu Feb 13, 2014 2:01 pm

EURUSD Near Term : Upside favored
Pivot Point : 1.3600
EURUSD is Upside favored , So Buy at 1.36 with Target at 1.3715
If breaks below pivot 1.36 Sell with Target at 1.356

GBPUSD Near Term : Upside favored
Pivot Point : 1.6540
GBPUSD is Upside favored , So Buy at 1.654 with Target at 1.667
If breaks below pivot 1.654 Sell with Target at 1.6485

USDJPY Near Term : Upside favored
Pivot Point : 101.90
Gold is Upside favored , So Buy at 101.9 with Target at 102.9
If breaks below pivot 101.9 Sell with Target at 101.2

Crude Oil Near Term : Downside favored
Pivot Point : 100.55
Crude Oil is Downside favored , So Sell at 100.55 with Target at 99.1
If breaks above pivot 100.55 Buy with Target at 101.6

Gold Near Term : Upside favored
Pivot Point : 1275
Gold is Upside favored , So Buy at 1275 with Target at 1296
If breaks below pivot 1275 Sell with Target at 1267


Most Important Forex Events for Today (GMT):
• Employment Change for Australian Dollar at 00:30
• Unemployment Rate for Australian Dollar at 00:30
• Unemployment Claims for US Dollar at 13:30
• Retail Sales for US Dollar at 13:30
• Core Retail Sales for US Dollar at 13:30
Ahmed Mahmoud
 
Posts: 13
Joined: Tue Nov 26, 2013 2:37 pm

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