Gold this week target is about 1561/75. There are rumors that spain or IMF may sell gold.
On the day looking forward for german data and oil invetories which are expected lower than last week, probably oil will not break 95 level this week so we are looking to buy oil near 95.50 with 97.50/98 target
Dollar long position against euro, cad and chf profit booked today as per our target 2960/70 , 1.0020 and 9270 respectively.
Today we are looking for -
Buy Eur/Usd at 2938 stop below 2890 target 3030 Sell Usd/Chf at 9280 stop above 9330 targt 9220.
Buy Aud/Usd at 1.005 stop below 0.9950 target 1.00116 Sell Usd/Cad at 1.0030/40 stop above 1.0070 target 0.9960.
On the day looking forward for german data and oil invetories which are expected lower than last week, probably oil will not break 95 level this week so we are looking to buy oil near 95.50 with 97.50/98 target
Dollar long position against euro, cad and chf profit booked today as per our target 2960/70 , 1.0020 and 9270 respectively.
Today we are looking for -
Buy Eur/Usd at 2938 stop below 2890 target 3030 Sell Usd/Chf at 9280 stop above 9330 targt 9220.
Buy Aud/Usd at 1.005 stop below 0.9950 target 1.00116 Sell Usd/Cad at 1.0030/40 stop above 1.0070 target 0.9960.
Asad Khan
Financial Analyst (CFB)
050-8774861
asad@cfb.ae
Financial Analyst (CFB)
050-8774861
asad@cfb.ae
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