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Daily market recommendations for today Tuesday 11-03-2014

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Daily market recommendations for today Tuesday 11-03-2014

Postby Ahmed Mahmoud » Tue Mar 11, 2014 1:30 pm

EURUSD Near Term : Upside favored
Pivot Point : 1.3800
EURUSD is Upside favored , So Buy at 1.38 with Target at 1.394
If breaks below pivot 1.38 Sell with Target at 1.375

GBPUSD Near Term : Downside favored
Pivot Point : 1.6685
GBPUSD is Downside favored , So Sell at 1.6685 with Target at 1.658
If breaks above pivot 1.6685 Buy with Target at 1.671

USDJPY Near Term : Upside favored
Pivot Point : 102.80
USDJPY is Upside favored , So Buy at 102.8 with Target at 104
If breaks below pivot 102.8 Sell with Target at 102.25

Crude Oil Near Term : Downside favored
Pivot Point : 102.85
Crude Oil is Downside favored, So Sell at 102.85 with Target at 100.5
If breaks above pivot 102.85 Buy with Target at 104

Gold Near Term : Upside favored
Pivot Point : 1330
Gold is Upside favored , So Buy at 1330 with Target at 1354
If breaks below pivot 1330 Sell with Target at 1322


Most Important Forex Events for Today (GMT):
• Inflation Report Hearings for British Pound at 09:30
• Manufacturing Production for British Pound at 09:30
Ahmed Mahmoud
 
Posts: 13
Joined: Tue Nov 26, 2013 2:37 pm

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