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...
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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