Daily trading strategies: USD/JPY targets 107.42 above 106.52
|#Euro/usd (last 11132)
Short term BOD
Day trades
Short@11261 stp@11307 tgt 11086 ( Valid till IMM open Monday )
Long 11062 stop@11039 tgt 11240 ( next turn cycle around Wednesday )
#GBP/USD (12314 last)
Short term BOD
Day trades
Long @12265 stp@12207 tgt 12509 ( valid till IMM open on Monday )
Short @12558 stp@12607 tgt 12445( valid till imm close Monday)
USD/JPY (last 10712)
Short term Flat wait for break out
Day trades
Long@10652 stp@10628 tgt 10742 (New trade Till imm Close today)
Short@10847 stp@10876 tgt 10774
USD/CAD (last 13740 )
Short term SOS
Day trades
Short@14015 stp@14057 tgt 13707 ( valid till imm open Tuesday )
long@= no new for long position
#AUD/USD (last 6668)
Short term
Day trade
6812 stop@6845 tgt 6694( Tuesday IMM open)
Long@6568 stp@6531 tgt 6704
#Crude oil (last 3266 )
Short term BOD
Day trades
Long @30.80 stp@3042 tgt 3570
Nd M0 (last 9431)
Short term SOS
Day trades
Short @ 9648 stp@9677 tgt 9394( good till New york closing )
long@9090 stp@9063 tgt 9315( High Risk)
On weekly Cycles we are about to see sharp swings in the mkt This week is important turn cycles as it may amend the previous placed top now other one chart is of sp5000.
Sp 3073 is important for today make or break but if today weekly close above 3048 on daily close basis – turn this mkt to bullish side in our opinion it is very important if the stocks not confirming each other as NQ trying to make new high and Sp is lagging behind it—is it going to make new high as well let the mkt unfold and hopefully we get the answer by early next week
#Gold (last 1726)(day Trade)
Long @ 1708 stop @ 1702 tgt 1741
Silver long @1692 stop@1672 tgt1781(New parked position)
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