Wednesday, 3 April 2013

Daily Analysis & Trade call

Stocks in US keep going northwards as result of great economic news and expected splendid N.F.P on coming friday which keep taking toll on Gold was closed lowest in 4 weeks.Gold has suffered two consecutive quarters of losses and it appears the second quarter isn't getting off to a good start either, as the precious metal fell 1.5 percent on Tuesday, its biggest one-day drop in more than a month. The second quarter.Tht easily hit our stop for Gold though Eur/Usd call achieve target but was not able to find entry.
Following are trade calls for today,
  • Sell Usd/Chf at 0.9550 stop above 0.9615 target 0.9470
  • Sell Aud/Usd at 1.0470 stop above 1.0505 target 1.0410
  • Sell Crude Oil at 97.10 stop above 97.70 target 96.15
For more info visit :www.cfb.ae

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