Tuesday, July 31, 2012

GBP/JPY intraday: under pressure.

Pivot: 123
Our Preference: Short positions below 123 with targets @ 121.7 & 121.15 in extension.
Alternative Scenario: Above 123 look for further upside with 123.7 & 124 as targets.
comment: as long as 123 is resistance, look for choppy price action with bearish bias.

Sell Crude Oil (at 89.80)

Sell Crude Oil around $ 89.90 For $ 88-$86 SL above $ 91

Projected High Low

Commodity Projected Low Pivot Point Projected High
Gold 1610.35-1607.89 1619.54 1628.73-1631.19
Silver 27.289-27.130 27.885 28.480-28.639
Crude Oil 88.73-88.38 90.06 91.40-91.75
Copper 3.3814-3.3692 3.4273 3.4732-3.4854
Tuesday 31st July, 2012.

Monday, July 30, 2012

USD/CAD intraday: capped by a negative trend line.

Pivot: 1.007
Most Probable Scenario: Short Positions below 1.007 with targets @ 1.002 & 0.9985 in extension
Alternative Scenario: Above 1.007 look for further upside with 1.044 & 1.0165 as targets.
Comment: technically, the RSI is below its neutrality area at 50.

Friday, July 13, 2012

Trade Calls


Gold
Buy Gold @ 1568
TGT: 1582-1590-1604
SL: Below 1563
Silver
TGT: Buy Silver @ 27.01
27.58-27.93-28.50
 Below 26.79
Crude Oil
Buy Crude Oil @ 85.56
87.02-87.92-89.38
Below 85
Copper
Buy Copper @ 3.4261
3.4644-3.4881-3.5264
Below 3.4115

Trade Calls


Gold
Buy Gold @ 1568
TGT: 1582-1590-1604
SL: Below 1563
Silver
 Buy Silver @ 27.01
TGT: 27.58-27.93-28.50
 SL: Below 26.79
Crude Oil
Buy Crude Oil @ 85.56
TGT: 87.02-87.92-89.38
SL: Below 85
Copper
Buy Copper @ 3.4261
TGT: 3.4644-3.4881-3.5264
SL: Below 3.4115

Thursday, July 12, 2012

Intraday Calls

Our Call at 11:35 AM to Our Clients.

Commodity
Most Probable Trade
Target
Stop Loss
Alternative Trade
Target
Stop Loss
Gold
Sell Gold @ 1573
1563-1556-1546
above 1577
Buy Gold @ 1576.68
1586.86-1593.03-1603
Below  1573
Silver
Sell Silver @ 27.05
26.54-26.22-25.71
above 27.26
Buy Silver @ 27.25
27.76-28.08-28.59
Below 27.05
Crude Oil
Buy Crude Oil @ 85.05
86.46-87.33-88.74
below: 84.51
Sell Crude Oil@ 84.51
83.10-82.23-80.82
above: 85.05
Copper
Buy Copper @ 3.4155
3.4508-3.4725-3.5078
below 3.4021
Sell Copper @ 3.4021
3.3668-3.3451-3.3098
Above 3.4155

USDCHF Technical Analysis - Sell at 0.9955

USDCHF made a nice bull move from 0.9716 to 0.9990. Then USDCHF drops from over bought zone. USDCHF is trading below its 20 period MA on 4h ...