Thursday, July 26, 2007

Dollar Fights Back!!

More Updates in 4 hours time.

Today's Pivot Points:
R2 = 1.3883
R1 = 1.3804
PP = 1.3749
S1 = 1.3670
S2 = 1.3615

Today's Calendar:
1- German Ifo Business Index 4.00 pm
2- Core Durable Goods Orders 8.30 pm
3- US New Home Sales 10.00 pm

Today's Strategy:
1- Buy euro on dips, 1.3700, 1.3680
3- Sell euro on peaks, 1.3750, 1.3770

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