Showing posts with label Eurusd prediction for july. Show all posts
Showing posts with label Eurusd prediction for july. Show all posts

Wednesday, July 13, 2011

Profits all the way-Review of June and July Commodity predictions

A most exhaustive   june prediction undertaken  has given profits on gold ( sell at 1542 ,sell silver at 39-41.bent crude sell at $ 118-$121 EurUSd ( sell at 1.4500-1.4600) Timings of corrections.bounceback in all key commodities/forex were close to indicated period within june .however silver sell target not met and dominant price range of brent of $100-$110 was slightly off the actual price range

July predictions so far: gold purchases recommended at 1470--90 has given huge profits with higher price target next week possible.Silver prediction was not posted. Brent crude( buy at $110 sell at 120) has given good profits. however $eurusd prediction was way off the mark having corrected v sharply (forex prediction will carry highest risk till we are able to develop a more detailed elaborate risk cutting model)

See various predictions posted today

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Wednesday, July 06, 2011

Gold,brent, eurusd,silver predictions for july 2011

please read the previous post for gold predictions for July

1. brent crude is likely to be be range bound with possibility of range of $110-120 dominating.corrections mat occur sharply at end of month and in next few days.Long position created at $110 or lower in brent crude will mostly be profitable in july but a $120 may incur losses.


2. Eurusd: lon position in eurusd a 1.4300 or less will be safest.Eurusd is expeced to peak in  middle phase of july coinciding, understandably, with peaking of $ price of gold

3. buying gold likely to yield profit through most of july if bought at $1500 or less .possibility of temporary  lower level in next few days possible

apart from silver prediction to be posted soon ,a new approach to predicting "profit" threshold points for buying commodities will be undertaken

disclaimer: usual risk disclaimers apply.

Tuesday, July 05, 2011

commodity predictions for July 2011- Gold,silver ,brent crude, Eurusd

These predictions represent work in progress. allprices in US$ where relevant

1. gold spot is now around $1494 at 1pm IST or 3.30 am EST.(www.kitco.com)

Gold prices after some dip expected to peak in 3rd week of july-around 17-23. how to resolve the date dilemma? buy gold futures in 1470-1490 range and wait for a profits at most till 22-23 as a sharp correction will follow then.


prediction for brent crude, silver, Eurusd to follow soon

From now on weekly and monthly predictions for stock markets will be released in phases.Same may apply to commodity, forex predictions of a  longer duration than a day

disclaimer:All risks to be borne by trader. Suggested prices for buying/selling for commodities/stocks/forex are not part of prediction model