analysis for 31/8/2004

[hussam forex]

Good morning every body
it's 08:30 Dubai time and 04.30 GMT and it's nice morning today here in Dubai
any way today will be the end of the month and as i see the market will try to return some of his lost during this month
so
EUR : buy at 1.2050 S/L 1.2010 first Target 1.2135 then wait if break to 1.2175
CHF: Sell$/CHF at 1.2770 S/L 1.2820 First Target 1.2680 then if breack wait for 1.2630
JPY: Sell$/JPY at 109.90 S/L 110.30 T/P 109.00
CAD: Sell$/CAD at 1.3170 S/L 1.3200 T/P 1.3115 but we will see today some cross EUR/CAD
AUD:
buy at 0.7000 Target 0.7090 S/L 0.6970
good luck for every body and don't forget that today end of the month
take care and good hunt

[الغلبان]

أخي حسام ممكن توضح نقطة آخر الشهر .. يعني ما هي الحكمة من تعويض الخسائر في نهاية الشهر .. للعلم فقط .. ارجو التوضيح ؟

[hussam forex]

thanks for your question

firstly : the trend of monethly Eur is still down but should test the resistance level ( 1.2180 - 1.2220 )
and the monthly trend for Dollar index should test the support also
and tomorrow will be the first day for the last month of this quater

i hope that i answered your question
wish you the great day

[الغلبان]

[08:48 EUR/USD: Stable Ahead Of Eurozone Data, 1.2090 Offers Eyed] London, 31st
Aug: [EUR/USD] remains stable ahead of 09:00 GMT data. Eurozone HICP for August
is due and the flash estimate is expected to tick up slightly from the previous
2.3% to 2.4% after the recent record high oil prices. [EUR/USD] is currently
building momentum for a test of 1.2090 offers with stops above in danger on the
next push. Bids at 1.2050 provide the current base with price action
consolidating between 1.2070- 1.2075. Dealers this morning note upside pressure
as a result of short-covering and intraday we expect furthers test but the
outlook for the week is the pair is likely to range trade between 1.2000 and
1.2150.

الظاهر الشباب مجهزين الاوردرات على توصياتك عزيزي حسام لهذا السعر مو قابل ينزل :D

[طلال السميري]

حسام توصيات رائعة جدا
بارك الله فيك

[hussam forex]

الظاهر الشباب مجهزين الاوردرات على توصياتك عزيزي حسام لهذا السعر مو قابل ينزل

thanks for the comment
and i think , you are right the market will not come down to not give us the chance to buy from dips but any way we still have other currencies and other chances very soon

buy the way it's very advanture chance to sell GBP from 1.7945 for 1.7850
take care