Sunday, July 1, 2012
2nd-6th July 2012 Trading signal
EUR/USD: The pair is to pull back around 1.2680-2705 down to 1.2530/05. We will search for a Buy signal towards the area For a rise towards 1.2750-1.2850 area.
AUD/USD:The current rise seems to be over and we are to search for a SELL signal around 1.0250-80 area for a drop towards 1.0115-1.0090 area before the next Bullish Move.
EUR/JPY:Search for a SELL signal around 101.25-50 area for a drop towards 100.00 or 90.50 area before the next bullish Move.
AUD/JPY:The pair is in overbought Territory and we expect a retracement towards 80.45/80.05 area before the next bullish rally.
GBP/CAD:The pair hit oversold zone on friday's Trading season and we are to search for a BUY signal around 1.4945-00 area for a rise towards 1.6045-60 area.
We are to continue with the rest of the Trading Setups During the Week when the Market opens. Plz dont forget to share your views or opinion on any pairs.Feel free to ask any question and you will get the answer immediately. Your online success is my Joy.
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The single currency (EUR/USD) slumped as we expected and cleared all the barriers and hit parity.The pair is in over sold territory now and we are to search for a BUY signal around 1.2360-40 area.if the strong support at 1.2350 hold.On the upside, we are to keep an eye upon 1.2550, clear break above the area will give rise for further gain towards 1.2700/50 area. Do have a wonderful moment n Trade safety.
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