Thursday 29 Jul - 07.

00 CET
Market Strategy Trends Moving averages Strength Support Spot Resistance
Minor Major 20D 50D 200D RSI 9 4 3 2 1 1 2 3 4
Majors
EUR/USD LONG AT 1.2980 FOR 1.3125 OBJECTIVE, REVISED STOP 1.2949 1.2776 1.2461 1.3608 69.25 1.2889 1.2921 1.2949 1.2967 1.3008 1.3047 1.3077 1.3095 1.3125
USD/JPY LONG 87.62 STPD87.19, POSS BUY LOWER 87.64 89.48 90.61 46.59 86.59 86.73 86.82 87.03 87.21 87.52 87.71 88.12 88.50
GBP/USD LONG AT 1.5570 FOR A 1.5688 OBJECTIVE, STOP AT 1.5540. 1.5267 1.4912 1.5553 71.24 1.5473 1.5508 1.5521 1.5540 1.5593 1.5638 1.5667 1.5688 1.5708
USD/CHF LONG @ 1.0568 FOR 1.0676 OBJECTIVE, STOP 1.0505 1.0546 1.1024 1.0643 47.76 1.0461 1.0482 1.0505 1.0537 1.0557 1.0596 1.0623 1.0646 1.0676
AUD/USD BUY AT .8900 FOR A .9069 INITL OBJECTIVE, STOP AT .8850 .8755 .8588 .8963 59.68 .8826 .8850 .8871 .8898 .8962 .8976 .9025 .9069 .9078
USD/CAD LONG AT 1.0325 FOR A 1.0543 TARGET; STOP REV TO 1.0294 1.0443 1.0447 1.0414 47.50 1.0182 1.0224 1.0250 1.0294 1.0373 1.0440 1.0467 1.0504 1.0543
Crosses
EUR/JPY LONG AT 113.45 FOR 114.92 OBJECTIVE, STOP 112.75 111.96 111.48 123.28 61.09 111.28 111.60 112.21 112.75 113.47 114.29 114.74 114.92 115.19
EUR/GBP SELL AT .8365 FOR A .8245 OBJECTIVE, STOP AT .8420. .8369 .8357 .8741 43.41 .8253 .8268 .8292 .8312 .8331 .8368 .8395 .8420 .8451
EUR/CHF BUY AT 1.3709 FOR A 1.3927 INITIAL OBJ, REV STOP AT 1.3610. 1.3472 1.3724 1.4450 64.39 1.3610 1.3658 1.3677 1.3715 1.3735 1.3819 1.3863 1.3894 1.3927
EUR/CAD POSS BUY. 1.3342 1.3019 1.4177 63.88 1.3090 1.3150 1.3265 1.3385 1.3480 1.3540 1.3625 1.3695 1.3735
GBP/JPY LONG 136.20 FOR A 138.65 OBJECTIVE, STOP AT 135.50 133.80 133.39 140.90 62.23 133.90 134.45 135.00 135.50 136.20 137.00 137.55 138.65 139.55
NZD/USD SELL AT .7310 FOR A .7170 OBJECTIVE, STOP AT .7345. .7131 .6974 .7109 59.20 .7119 .7145 .7170 .7196 .7225 .7256 .7292 .7315 .7345
Scandies
EUR/SEK LONG AT 9.4980 FOR A 9.5525 OBJECTIVE, STOP AT 9.4690] 9.4959 9.5729 9.9078 49.30 9.4160 9.4350 9.4495 9.4690 9.4925 9.5200 9.5525 9.5770 9.6250
EUR/NOK LOOK TO SELL 8.0328 7.9836 8.1157 48.67 7.8320 7.8890 7.9050 7.9480 8.0060 8.0340 8.0390 8.0600 8.0670
EUR/DKK SHORT AT 7.4540 FOR A 7.4425 OBJECTIVE, STOP AT 7.4580. 7.4528 7.4457 7.4432 50.71 7.4425 7.4454 7.4477 7.4494 7.452 7.4580 7.4595 7.4615 7.4625
USD/SEK BUY AT 7.2000 FOR 7.4200, STOP AT 7.1200. 7.4339 7.6873 7.2993 32.13 7.1325 7.1900 7.2110 7.2430 7.3005 7.3550 7.3875 7.4200 7.4640
USD/NOK SHORT AT 6.2900 FOR REVISED 6.1100, STOP ABOVE 6.2300. 6.2883 6.4092 5.9822 31.88 6.0700 6.1100 6.1260 6.1415 6.1605 6.1865 6.2300 6.3010 6.3360
NOK/SEK BUY LOWER 1.1821 1.1991 1.2205 52.59 1.1670 1.1705 1.1745 1.1800 1.1850 1.1890 1.1920 1.1955 1.1990
Emerging Markets
EUR/PLN SELL AT 4.0600 FOR 3.9425, STOP ABOVE 4.1190. 4.0798 4.0940 4.0171 27.70 3.9355 3.9425 3.9808 3.9885 4.0010 4.0295 4.0635 4.0934 4.1190
EUR/CZK SELL HIGHER 25.396 25.604 25.759 20.25 24.036 24.430 24.494 24.680 24.845 25.212 25.272 25.399 25.537
EUR/HUF POSSIBLY BUY LOWER. 283.25 281.56 272.65 48.23 276.32 277.54 278.91 281.28 283.00 286.52 288.50 290.63 292.01
EUR/TRY LONG AT 1.9500 FOR 2.0150, STOP BELOW 1.9200. 1.9632 1.9435 2.0637 54.47 1.9200 1.9260 1.9450 1.9531 1.9670 1.9732 1.9973 2.0013 2.0150
USD/ZAR LOOK TO SELL HIGHER. 7.5592 7.6341 7.5287 28.82 7.1820 7.1950 7.2600 7.2950 7.3650 7.3885 7.4500 7.4770 7.5100
USD/BRL POSS SELL. 1.7716 1.7999 1.7790 47.72 1.7295 1.7405 1.7480 1.7520 1.7675 1.7735 1.7820 1.7995 1.8125
USD/MXN SHORT AT 12.803 FOR 12.486, REV STOP AT 12.737 12.834 12.814 12.766 41.54 12.486 12.556 12.605 12.628 12.694 12.737 12.808 12.893 12.960
Other Markets Major 9D 18D 30D RSI 9 4 3 2 1 1 2 3 4
S&P POSSIBLY SELL. 1086.9 1075.8 1073.0 60.60 1084.0 1086.5 1093.5 1097.0 1102.3 1109.0 1111.3 1115.6 1118.0
DAX POSSIBLE SELL WHILE BELOW 6264.5 6101.2 6059.8 6088.9 63.90 5944.5 6067.5 6116.0 6135.0 6178.0 6264.5 6279.0 6302.5 6359.5
T-Note Future POSS SELL. 122-31 122-19 122-03 55.38 121-30 122-06+ 122-07+ 122-21 122-30 123-09 123-24 123-27+ 124-15
Bund SHORT @128.00 FOR 127.12. REVISE STOP OVER 127.94 128.54 128.84 128.78 28.72 127.24 127.37 127.45 127.74 127.84 127.94 128.05 128.18 128.27
Schatz LOOK TO SELL HIGHER 109.222 109.283 109.386 32.73 108.955 108.990 109.020 109.040 109.080 109.155 109.235 109.260 109.295
Nymex Future LONG AT 76.83 FOR A 79.69 TARGET; STOP BELOW 75.90 77.68 76.61 77.12 47.92 74.96 75.62 75.90 76.64 76.89 77.74 78.64 79.18 79.69
Cash Gold POSSIBLY SELL. 1182.65 1193.02 1210.29 31.19 1131.65 1134.95 1146.05 1154.35 1165.50 1169.40 1175.85 1181.25 1185.45
Trends: Minor = multi-day, out to 2 weeks, Major = multi-week, typically 2+ months; Support & Resistance Levels: Blue = Fair, Red = Strong, Dark Red Bold = Very Strong / Critical.
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