Thursday, 18 July 2013

Trade for Today

As  expected more of the same Thursday when Bernanke appears before the Senate Banking Committee to give his semi-annual address on the economy for a second day.Market didn't react sharply or probably it nothing to really react .Gold drop around 1.04% but Dow was bit up around 0.12% and US dollar was up around 0.25%
Following are trade calls for today,

  • Buy Eur/Jpy around 130.50 stop below 129.80 target 131.40++
  • Sell Crude Oil around 106.45 stop above 107.50 target 105.20

    For more info please visit:www.cfb.ae

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