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FX Levels for Today. August 3, 2009

Mon, Aug 3 2009, 03:46 GMT
by Abdul Khan

Income Generation Strategies


Overview

Stocks continue to lead the global markets, and the USD feels the full brunt of the selling.

EURUSD has traded around the top of its recent 2 month range around 1.4330. A break up through 1.4340 could prove decisive as could another failure.

Please see below for today's trade ideas

For those interested, I will be presenting webinars for FX Street every Friday at 0500GMT. Hope to see/hear you there.

Data for Today

US: ISM Manufacturing

US: Construction Spending

Trades for Today

GBPJPY: Sell a break of 158.00

Email for details regarding stop-loss and profit targets. You can also now get me on twitter at:

http://twitter.com/forexplus


Archive

Income Generation Strategies  | Level 26, Waterfront Pl. 1 Eagle Street, Brisbane, Qld. 4001
http://www.incomegenerationstrategy.com/ | abdul.khan@tricom.com.au

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