Tuesday, 24 July 2012

Trade for today

Monday's our call on Eur/Usd ,Gbp/Usd , Usd/Chf ,Usd/Cad and gold were positive but Dax and Crude oil stop were hit.Following are trade calls for today,
  • Sell Gbp/Usd at 1.5560 stop above 1.5610 target 1.5490
  • Sell Eur/Usd at 1.2145 stop above 2175 target 2090
  • Buy Usd/Chf  at 0.9890 stop below 0.9850 target 0.9940/ 1.0140
  • Sell Aud/Usd at 1.0326 stop above 1.0360 target 1.0270
  • Buy Gold at 1568  stop below 1561 target 1578/85 
  • Sell Dow at 12777 stop above  12820 target 1268
We are expecting Dollar to be higher till US market opens but after that it should  try days low.

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