Bell Opening Comments

Comments by U.S. Secretary of State Kerry on Monday are taken as a threat against Syria in mid-afternoon trade weighed on equities. Today Risk aversion flows stemming from concerns over Syria aided the USD, JPY and CHF against the European pairs. Price action saw a rotation out of equities into the safe-haven of bonds and yellow metal would be in bull move short term and so do other metals OIL surge higher as long as Army built up in Gulf.

Have a nice trading day ahead of you!

Cheers!

EUR/USD (last 1.3332)

Support:
1.3302 (S1)
1.3226 (S2)
1.3116 (Major Sup)

Resistance:
1.3405 (R1)
1.3523 (RR)
1.3589 (RRR)

RANGE – 13488—13566---13206

STRATEGY

Choppy action but bias is dn

Mid term Trade

[email protected] Stop@13577 tgt 1.2972 (parked)

Intraday (if it breaks below 13240 on daily close then top is in for mid term)

Trad#1 Long@13158 stop@13138 tgt 13263 (New parked order)

Trade#2 Day trade short 13429 stop 13454 tgt 13231 (now offload on the current mkt price 13390 and hold remaining half with the same stop)

High Risk

buy @13211 stop@13182 Tgt 13355

Short@13372 Stop@13406 tgt 13312

GBP/USD (CABLE) (15502)

Support:
1.5478 (S1)
1.5366 (SS2)
1.5204 (Major Sup)

Resistance:
1.5606 ®
1.5748 (Res)
15862 (**Major Resistance)

Range 15730---15470—15282

STRATEGY SOS (short on strength)

A Major resistance at 15770 and 15426 make or break on the lower side

Mid term

Trade #1 [email protected] stop@14793 tgt 15030

Trade #2 short@15786 add 15833 stop@15869 tgt 15072 (New parked orders)

Intra day trade

Short@15639 stp@15679 tgt 15484

Long@15408 stop@15392 tgt 15519

(Plz note on all the intra day of not filled By the same Day till MOC then Cancel the Trade)

USD/JPY (Yen) (97.68)

Support:
9701 (S1)
9645 (S2)
9555 (Major Sup)

Resistance:
9858** (R1)
9944 (RR)
10065 (RRR3)

Range -9992----9703—9552

MID term

[email protected] stop@9267 tgt 100.21

Short term

Short@9998 stop@ 10043 tgt 9768 (New parked order)

Short term Long@9542 stop@9514 tgt 9705 (New parked order)

Other markets
EurGBP Short@8645 stop@8666 tgt 8545
Future Canada Dollar make or break 9433
Ausie Dollar make or break 8800
Swiss Future short@10768 stop@10744----

Future Crude oil Strongly up as Gulf area on the verge of WAR

Time line For short term cyclical projections

GMT

---GMT

For ---

---- is minor turn cycle for the day

For the Fellow Traders plz do place the stops and intraday Trade means if not filled by MOC cancel the Trades

Share: Analysis feed

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