Asian markets have fallen again this morning, and look set to record their first weekly loss in a month. China may expand measures to contain the property market, citing a housing ministry official Asian markets took a lead from the Wall street an following declines on Wall Street, as the market looked ahead for more clarity on whether central banks will introduce more stimulus The leaders of Germany and France on Thursday agreed to speak to Greece with one voice in meetings with Greek Prime Minister Antonis Samaras this week, more important how market react when they speak about the measures how to handle the Risk and unable to deliver as market expectations but more of the trader waiting for the Fed chairman speech.
1 - EUR/USD ( last 1.2540)
Support:
1.2504 (S1)
1.2457 (S2)
1.2355 (Major Sup)
Resistance:
1.2597(R1)
1.2657(R2)
1.2750 (June’29 high)
STRATEGY (SOS on strength for day trading)
Trend Bullish till it is hold above 12380
Day Trader
Short@12577 Stop@12598 Tgt 12492
Parked Orders
Long @12458/66 Stop @12417 Target 12577
CABLE (15842)
Support:
1.5832 (S1)
1.5768 (SS2)
1.5683 (Major Sup)
Resistance:
1.5982
1.6090 (MAJ Res)
16197 (** Major Resistance)
Short Term STRATEGY (SOS) Short on strength for Day trading over all bull market till 16100 buy near15800
Day Traders
PARKED ORDERS
short@15878 stp@15909 tgt 15808
Long@15766 stp@15727 tgt open
Mid term
Target 16098
Yen (7868)
Support:
78.25 (S1)
77.87 (S2)
75.86 (Major Sup)
Resistance:
79.66 (R1)
8055 (June’29 high)
8122 (RRR3)
Trend – Short term lower Mid Term Higher towards 8330
MID term
Long@7845 stop@7777 tgt open (filled and holding)
BOD (Buy on dips for we are expecting a sharp rise towards 8330)
Swiss (9573)
Support:
9512 (S1)
9467 (SS2.)
9380 (Major Sup)
Resistance:
9607 (Res1)
9677 (RR2)
9806 (RES3 High placed on 24 July)
Strategy Side Line
Buy/Long
Day trade
(Futures swiss buy@10409 stp@10391 tgt 10514)
No new position
Mid term
Side line before Any clear direction
Cad $ (9940)
Flat
Support:
.9890 (S1)
.9840 (Sup2.)
.9770 (Major Sup)
Resistance:
9990 (R)
1.0105 (Res2)
1.0166 (Res3)
Day TRADER
BOD near 9888 Stp@9857 Tgt open
Ausie $ (10391)
Support:
1.0368 (S1)
1.0314 (Sup2.)
1.0265 (Major Sup)
Resistance:
1.0448 (Res1)
1.0505 (Res2)
1.0602 (Res3)
Trend - Flat
Strategy
Buy @10312 stop@10288 tgt open
Metals
GOLD (1665)
Strategy BOD (Buy on Dips)
Support:
1649 (S1)
1632 (S2)
1618 (Major Sup)
Resistance:
1677 (Res2)
1698* (Res3)
1718* (Res3)
Buy near 1620 zone stop@1607 tgt 1695
High Risk Trader
Short@1633.7 Stp@1628.7 Tgt 1667
SILVER (3040)
Flat
Support:
2962 (S1)
2918 (s2)
2828 (Major Sup)
Resistance:
3077 (Res)
3122 (RR)
3208 (Major resistance)
Strategy
Trade short@3077 stop@3098 tgt 2966
Buy@2877 stp@2856 tgt open
ES (MINI Sp500) (1400)
Trend Flat
Strategy Sos Short on strength
Support:
1394 (S1)
1381 (s2)
1374 (Major Sup)
Resistance:
1414 (RR)
1436 (Major resistance)
1455**********
Strategy
short@1412 stop@1416 tgt 1391
Crude OIL OCT (9558)
Strategy (SOS) Short on strength
Support:
9518 (S1)
9440 (S2 projected swing low on time and Price cycle)
9334 (Major Sup)
Resistance:
9670 (Res)
9752 (Res2)
9812 (Major resistance)
Strategy
Short@9679 stp@9708 tgt 9465
Time line For ----
No time line for Today
