Tuesday 20 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 BUY AT 1.2920 FOR A 1.3125 OBJECTIVE, STOP AT 1.2860 1.2555 1.2397 1.3677 76.45 1.2800 1.2836 1.2860 1.2919 1.2964 1.3008 1.3077 1.3095 1.3125
USD/JPY SHORT AT 86.93 FOR 86.27 OBJECTIVE, STOP 87.37 88.37 90.21 90.71 23.32 86.17 86.27 86.45 86.64 87.07 87.23 87.37 87.58 87.85
GBP/USD SHORT AT 1.5390 FOR 1.5086, REV STOP AT 1.5307. 1.5121 1.4800 1.5580 55.82 1.5086 1.5102 1.5149 1.5173 1.5259 1.5270 1.5307 1.5357 1.5401
USD/CHF LONG AT 1.0479 FOR REV 1.0676; REV STOP AT 1.0439. 1.0687 1.1130 1.0631 39.14 1.0400 1.0421 1.0439 1.0502 1.0538 1.0571 1.0618 1.0646 1.0676
AUD/USD SHORT AT .8860 STOPPED FOR PROFIT AT .8751, POSS SELL .8655 .8570 .8972 50.16 .8557 .8623 .8633 .8668 .8770 .8809 .8851 .8871 .8889
USD/CAD BUY AT 1.0450 FOR A 1.0680 TARGET; STOP AT 1.0375 1.0458 1.0435 1.0413 59.23 1.0375 1.0412 1.0443 1.0467 1.0509 1.0580 1.0606 1.0624 1.0680
Crosses
EUR/JPY BUY AT 112.10 FOR 114.40 OBJECTIVE, STOP 111.40 110.94 111.82 124.04 55.19 110.68 110.92 111.40 111.83 112.89 113.43 114.16 114.40 114.92
EUR/GBP RAISE BUY TO .8450 FOR A REV .8609 OBJECTIVE, STOP AT .8410. .8302 .8377 .8771 73.06 .8365 .8410 .8425 .8462 .8500 .8532 .8547 .8585 .8609
EUR/CHF LONG AT 1.3290 FOR A REV 1.3765 OBJECTIVE, REV STOP AT 1.3500. 1.3414 1.3789 1.4505 68.11 1.3434 1.3458 1.3492 1.3500 1.3660 1.3688 1.3700 1.3735 1.3765
EUR/CAD LONG AT 1.3380 FOR A REV 1.3845, REV STOP AT 1.3390. 1.3131 1.2936 1.4247 76.44 1.3365 1.3390 1.3465 1.3575 1.3625 1.3700 1.3735 1.3760 1.3795
GBP/JPY SHORT AT 133.00 FOR A 130.45 OBJECTIVE, REV STOP AT 133.55 133.61 133.47 141.30 37.54 129.10 129.90 130.45 131.25 132.85 133.55 134.00 134.85 135.05
NZD/USD SELL AT .7170 FOR A .7009 OBJECTIVE, STOP AT .7250 .7057 .6946 .7119 48.39 .6943 .6972 .7009 .7023 .7117 .7134 .7175 .7219 .7250
Scandies
EUR/SEK POSS BUY DIPS 9.5247 9.5907 9.9386 54.80 9.3805 9.4100 9.4450 9.4580 9.5405 9.5770 9.6250 9.6495 9.6990
EUR/NOK POSS BUY DIPS 8.0250 7.9580 8.1258 69.25 7.9550 8.0100 8.0685 8.1000 8.1580 8.1865 8.2165 8.2350 8.2400
EUR/DKK SELL AT 7.4540 FOR A 7.4425 OBJECTIVE, STOP AT 7.4580. 7.4503 7.4441 7.4429 59.46 7.4408 7.4425 7.4454 7.4477 7.452 7.4580 7.4595 7.4615 7.4625
USD/SEK LONG AT 7.3400 FOR 7.5540, STOP AT 7.2500 7.5900 7.7397 7.2858 33.75 7.2110 7.2500 7.2620 7.2720 7.3580 7.4285 7.4640 7.5275 7.5540
USD/NOK SHORT AT 6.2900 FOR 6.0600, STOP ABOVE 6.3865. 6.3853 6.4158 5.9607 45.30 6.1100 6.1515 6.2175 6.2530 6.2985 6.3410 6.3865 6.4115 6.4785
NOK/SEK SELL REBOUND 1.1884 1.2062 1.2227 26.03 1.1435 1.1495 1.1545 1.1635 1.1685 1.1770 1.1820 1.1890 1.1920
Emerging Markets
EUR/PLN LONG AT 4.0650 FOR 4.1965, STOP BELOW 4.0643. 4.1028 4.0892 4.0519 64.37 4.0085 4.0350 4.0469 4.0643 4.1400 4.1540 4.1762 4.1965 4.2043
EUR/CZK SHORT @25.470 FOR A 25.272 OBJECTIVE. REVISE STOP @25.550 25.592 25.647 25.782 38.04 24.953 25.020 25.237 25.272 25.330 25.550 25.570 25.715 25.834
EUR/HUF BUY AT 287.00 FOR 297.30, STOP BELOW 282.62. 282.70 280.28 272.00 72.76 282.62 286.50 287.15 288.30 291.40 292.00 293.33 297.30 299.67
EUR/TRY LONG AT 1.9550 FOR 2.0150, REVISED STOP BELOW 1.9700. 1.9555 1.9379 2.0700 73.61 1.9465 1.9530 1.9700 1.9806 1.9970 2.0150 2.0200 2.0336 2.0433
USD/ZAR POSS BUY. 7.6237 7.6551 7.5250 56.00 7.5000 7.5075 7.5300 7.5828 7.6258 7.6900 7.7700 7.7849 7.8200
USD/BRL POSS BUY. 1.7762 1.8022 1.7771 55.20 1.7480 1.7505 1.7610 1.7700 1.7855 1.8125 1.8335 1.8500 1.8805
USD/MXN POSSIBLY BUY. 12.805 12.780 12.777 59.37 12.556 12.610 12.649 12.745 12.873 12.960 13.037 13.096 13.175
Other Markets Major 9D 18D 30D RSI 9 4 3 2 1 1 2 3 4
S&P SHORT AT 1090.4 FOR REV 1043.2, STOP REV ABOVE 1083.5 1074.8 1056.8 1070.3 47.47 1043.2 1046.0 1054.5 1057.1 1062.0 1071.0 1076.8 1083.5 1087.0
DAX SELL @6110.0 FOR 5853.0. STOP OVER 6132.0 6077.6 6041.6 6070.7 48.45 5729.5 5805.0 5853.0 5889.0 6012.0 6132.0 6212.0 6264.5 6279.0
T-Note Future POSSIBLE BUY. 122-12 122-06 121-17 65.37 121-30 122-14+ 122-17+ 122-28+ 123-02 123-13+ 123-15 123-20+ 123-27+
Bund BUY LOWER 129.02 129.14 128.91 54.15 128.03 128.18 128.42 128.58 128.89 129.05 129.27 129.54 129.70
Schatz LOOK TO SELL HIGHER 109.297 109.408 109.484 35.60 108.810 109.010 109.040 109.105 109.150 109.160 109.210 109.270 109.325
Nymex Future ROLLED CONTRACT TO SEPTEMBER 2010 U0. POSSIBLY SELL. 76.45 76.21 76.73 52.88 74.70 74.96 75.62 75.85 76.86 77.66 78.10 78.55 78.95
Cash Gold SELL @ 1185.65 FOR 1157.20 OBJ; STOP OVER 1194.60. 1200.66 1212.93 1221.12 35.17 1166.50 1172.25 1176.00 1177.15 1182.45 1185.65 1188.95 1194.60 1197.65
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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