9 April 2010, leading the New York Session Market.
ok .. long time no see, I'll be back to give the analysis and prediction of EUR / USD for the New York session. After a day ago to its lowest 1.338 where the lowest point months ago, is 1.336, EURO back up into position for today's top 1.3419 after Trichet statement that Greece could pay their debts independently, and the increase in German trade balance and micro-economic growth of France. But sentiment will pay Greek certainty ability to pay its debts can still be felt, until recently the position of EUR / USD sideway in the range of 1,339-1,3413. EURO consistency of the technical with the whole afternoon was consistently above 1.335 indicate the possibility of a bullish towards 1.3435 or even 1.3475. But once again take a definite decision about the Greeks, this is the only stumbling block in the rise towards 1.35 EURO
Pivot
R-4 1.3528
R-3 1.3474
R-2 1.3420
R-1 1.3390
Pivot 1.3336
S-1 1.3306
S-2 1.3252
S-3 1.3222
S-4 1.3192
My recommendation:
BUY@1.3410 SL@1.3382 TP@1.3458 TP2 1.3475
SELL@1.3382 SL@1.3410 TP@1.3359 TP2 1.3337
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