EURUSD Daily Outlook 13 Jul 2012

Resistance : 1.2220 , 1.2250 , 1.2290

Support: 1.2190 , 1.2160, 1.2120

Trend Direction : downward as long as we are below 1.2290

Recommended entry : short around 1.2220 / 1.2250 

Recommended stop : above 1.2290

Recommended Target : at desire , any support level !

Best Regards

Haitham...

Views: 343

Tags: EUR/USD, EURUSD

Comment by Haitham653 on July 13, 2012 at 9:43am

Sell GBPUSD at 1.5450 , S/L 1.5490 T/P 1.5420 & 1.5390

Comment by Haitham653 on July 13, 2012 at 11:54am

"Update: as long as 1.2170/60 holds , there's a risk for testing 1.2250 area even higher !!! Scalpers can buy the EURO around 1.2190 with stops at 1.2170 !!!"

Comment by Haitham653 on July 13, 2012 at 1:35pm

Sell GBPUSD  1.5485 S/L 1.5550 , T/P 1.5400 & 1.5320

Comment by Ossbwy on July 13, 2012 at 1:56pm

hi haitham653 nice to see you again. very nice post today, and good signal for today. best of luck.

Comment by Haitham653 on July 13, 2012 at 3:01pm

EURUSD may open next Sunday on a bearish gap ..50 pips or more ..not sure !!

Comment by Haitham653 on July 13, 2012 at 3:16pm

GBPUSD : this rise is fake , strong bearish move on the horizon next week or later toward 1.5500........

Comment by kay on July 13, 2012 at 3:45pm

agree with your analysis H. the market is in a correlated overall risk on mode after a number of down days. the china numbers not worse than expected are the cause for this dead cat bounce. im short a number of pairs but will have to see how far the rally goes. im short audusd @ 10190 ST moved to 10260, forming a recent trend resistance. short djia futures @ 12690 altho will re-evaluate @ day close since it broke a daily and 30M chart range thats been in play for a few weeks.

Comment by gladwin dsouza on July 13, 2012 at 4:54pm

I THIN WE SHOULD PUT TRADE NOW  BUY 1.2234 TP 1.2305

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