Daily market recommendations for today Tuesday 25-02-2014

EURUSD Near Term : Downside favored
Pivot Point : 1.3770
EURUSD is Downside favored , So Sell at 1.377 with Target at 1.3705
If breaks above pivot 1.377 Buy with Target at 1.38

GBPUSD Near Term : Upside favored
Pivot Point : 1.6640
GBPUSD is Upside favored , So Buy at 1.664 with Target at 1.6725
If breaks below pivot 1.664 Sell with Target at 1.661

USDJPY Near Term : Upside favored
Pivot Point : 102.10
Gold is Upside favored , So Buy at 102.1 with Target at 102.8
If breaks below pivot 102.1 Sell with Target at 101.05

Crude Oil Near Term : Upside favored
Pivot Point : 101.50
Crude Oil is Upside favored , So Buy at 101.5 with Target at 103
If breaks below pivot 101.5 Sell with Target at 101

Gold Near Term : Upside favored
Pivot Point : 1325
Gold is Upside favored , So Buy at 1325 with Target at 1344
If breaks below pivot 1325 Sell with Target at 1318


Most Important Forex Events for Today (GMT):
• Inflation Expectations for New Zealand Dollar at 02:00
• BBA Mortgage Approvals for British Pound at 09:30
• CB Consumer Confidence for US Dollar at 15:00