SELL ON HIGHER LEVEL - Strategy for Intraday !

Pivot Points

	S3	S2	S1	PIVOT	R1	R2	R3
EUR/USD	1.2657	1.2715	1.2748	1.2806	1.2839	1.2897	1.2930
GBP/USD	1.6213	1.6269	1.6304	1.6360	1.6395	1.6451	1.6486
USD/JPY	107.85	108.14	108.59	108.88	109.33	109.62	110.07
USD/CHF	0.9331	0.9358	0.9406	0.9433	0.9481	0.9508	0.9556
AUD/USD	0.8780	0.8807	0.8845	0.8872	0.8910	0.8937	0.8975
EUR/GBP	0.7760	0.7785	0.7803	0.7828	0.7846	0.7871	0.7889
USD/CAD	1.0957	1.1003	1.1031	1.1077	1.1105	1.1151	1.1179
NZD/USD	0.7994	0.8018	0.8047	0.8071	0.8100	0.8124	0.8153

SUMMARY:

The primary trend of EUR/JPY is optimistic however from last two weeks costs aren't managing to sustain on higher level. The try is facing support from the rising line and consolidating close to it. 139.15 could be a necessary damage and breaching of it will show draw back movement, market is taking resistance from 200 SMA & 30 SMA and MACD line is additionally sustaining below the zero line that is additionally indicating the pessimistic sentiment within the market. The try will show draw back movement for few forthcoming sessions. One will initiate the short position within the try below the extent of 139.15 as we will expect it to return all the way down to the degree of 138.70

Today's Chart: EUR/JPY ( HOURLY)

 STRATEGY:-

For Today, EUR/JPY is wanting weak on chart. we are able to expect draw back movement for few approaching session. One will select sell on higher level strategy for this try for intra day to middle term positions.

TODAY’S ECONOMIC EVENTS

Date THU SEP 25th 2014	Time (GMT)	Currency	Economic Data	Forecast	Previous
	2:30am	AUD	RBA Gov Stevens Speaks
	08:00:00	EUR	M3 Money Supply y/y	1.9%	1.8%
		EUR	Private Loans y/y	-1.5%	-1.6%
	10:00am	GBP	CBI Realized Sales	34	37
	12:30pm	USD	Core Durable Goods Orders m/m	0.7%	-0.7%
		USD	Durable Goods Orders m/m	-17.7%	22.6%
		USD	Unemployment Claims	294K	280K
	12:40pm	GBP	BOE Gov Carney Speaks
	11:30pm	JPY	Tokyo Core CPI y/y	2.7%	2.7%

• Activate Your Free Trial Now for #FOREX,#COMEX, #USA Stock Picks,#UK Stock Picks ,#HK Stock Picks.!!..Simply #Comment Your #Mobile Number and #E-Mail id Or Fill the Free trial Form Follow Link Here :-

• 3 Days Free Trial Form