Thursday, 17 May 2012

ECB has stopped monetary operations to some Greek banks : Sources

Today Germany, France, Swizerland  bank holiday  due to Ascension Day.

Yesterday Oil rise on US economic data and 50% retracement ,100 days moving average support.
( 50% Retracement of $ 75 to $ 110.56 )

'''Today our focus on US job less claims ,Philadelphia fed manufacturing and leading indicators"
Our trade call on
Aud /Usd Buy at 9890 stop below 9840 target 9970 
Oil buy at 92.30 stop below 91.70 target 93.70 was successful after day before call on dollar sell failed '

Trade Calls for Today,
Sell Gbp/Usd at 5979 stop above 6040 target 5900
Sell Eur/Usd at 2791  stop above 2835  target 2710
Buy  Usd/Cad at 1.0060  stop below 1.0020 target 1.0125
Buy gold  at 1542/3 stop below 1532 target 1560/64
Buy Oil at 92.65 stop below 91.70 target 93.85
Buy Gld/Eur at 1212 stop below 1202 target 1226 

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