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Daily market recommendations for today Wednesday 26-02-2014

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Daily market recommendations for today Wednesday 26-02-2014

Postby Ahmed Mahmoud » Wed Feb 26, 2014 1:53 pm

EURUSD Near Term : Downside favored
Pivot Point : 1.3770
EURUSD is Downside favored , So Sell at 1.377 with Target at 1.3705
If breaks above pivot 1.377 Buy with Target at 1.38

GBPUSD Near Term : Upside favored
Pivot Point : 1.6640
GBPUSD is Upside favored , So Buy at 1.664 with Target at 1.6725
If breaks below pivot 1.664 Sell with Target at 1.661

USDJPY Near Term : Downside favored
Pivot Point : 102.60
USDJPY is Downside favored , So Sell at 102.6 with Target at 102
If breaks above pivot 102.6 Buy with Target at 102.85

Crude Oil Near Term : Downside favored
Pivot Point : 102.50
Crude Oil is Downside favored , So Sell at 102.5 with Target at 101
If breaks above pivot 102.5 Buy with Target at 103

Gold Near Term : Upside favored
Pivot Point : 1330
Gold is Upside favored , So Buy at 1330 with Target at 1351
If breaks below pivot 1330 Sell with Target at 1325


Most Important Forex Events for Today (GMT):
• GfK Consumer Climate for German Euro at 07:00
• Second Estimate GDP for British Pound at 09:30
• Crude Oil Inventories for US Dollar at 15:00
Ahmed Mahmoud
 
Posts: 13
Joined: Tue Nov 26, 2013 2:37 pm

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