Market Look

Published 07/10/2012, 11:25 AM

After a day with a lulled atmosphere, stocks were set for a higher open due to agreements in the Eurozone for ailing banks in Spain. Technical indicators,  however, say the opposite for stock indices and, despite yesterday’s talks, uncertainty remains in Europe. On the other hand, the USD is strengthening against other currencies.

Let’s check the market:

USD/JPY
SELL it again, EP around 79.42, TP @79.28, SL @79.56

Gold (XAU/USD)
SELL it around 1593.25, TP @1585, SL @1600

GBP/JPY
SELL it around 123.36, TP @123.98, SL @123.66

US30 (Dow30)
BUY it around 12734, TP @12750, SL @12720

USD/MXN
BUY it around 13.29392, TP @13.35, SL @13.22

Good Profits!

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