Daily market recommendations for today Thursday 26-12-2013

EURUSD Near Term : Upside favored
Pivot Point : 1.3645
EURUSD is Upside favored , So Buy at 1.3645 with Target at 1.372
If breaks below pivot 1.3645 Sell with Target at 1.3615

GBPUSD Near Term : Upside favored
Pivot Point : 1.6320
GBPUSD is Upside favored , So Buy at 1.632 with Target at 1.6405
If breaks below pivot 1.632 Sell with Target at 1.6295

USDJPY Near Term : Upside favored
Pivot Point : 103.75
USDJPY is Upside favored , So Buy at 103.75 with Target at 104.95
If breaks below pivot 103.75 Sell with Target at 103.4

Crude Oil Near Term : Upside favored
Pivot Point : 98.15
Crude Oil is Upside favored , So Buy at 98.15 with Target at 100.1
If breaks below pivot 98.15 Sell with Target at 97.25

Gold Near Term : Downside favored
Pivot Point : 1215
Gold is Downside favored, So Sell at 1215 with Target at 1180
If breaks above pivot 1215 Buy with Target at 1227


Most Important Forex Events for Today (GMT):
• Unemployment Claims for US Dollar at 13:30
• Tokyo Core CPI for Japanese yen at 23:30
• Household Spending for Japanese yen at 23:30