Tuesday, 15 May 2012

Germany avoids recession grows at 0.5% 1st Q

Germany avoids recession grows at 0.5%  1st Q, Greek exit fears hit markets, euro hits 4 months low
All focus on germany's zew index and US  consumer price index "
Yesterday's our call on buy gold ,silver, oil got  stop loss hit but selling Usd/Cad ,Gbp/Usd and buying Aud/Usd were successful trades
Today we are looking for below trades ,
Buy Eur/Usd at 2785/90 stop below 2730 target 2880
Sell Usd/Chf at 9370 stop above 9325
Buy Aud/Usd at 0.9950 stop below 0.9885 target open
Buy  Usd/Cad at 0.9970 stop below 0.9930 target 1.0050

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