Weekly Forex Analysis for the Week of July 1st until July 5th, 2013

                 Potentially Very Profitable Week in the Markets              

Remarkable opportunities are available in the various financial markets. We’ll have interest rate decision coming out from the European Central Bank, the Bank of England and the Reserve Bank of Australia. Additionally there will be speeches from some very influential people whose words are sure to cause massive moves in the markets. Bank of Japan’s Governor Kuroda is among those who will addressing the world on monetary policy. This is the week that one must trade and be prepared to see outstanding profits if appropriately positioned.


                             Technial Trading Plan for

the week of July 1st until July 5th, 2013

 

EUR/USD

 

RESISTANCE	R1:  1.30753	R2:  1.31029	R3:  1.31143
SUPPORT	S1:  1.30039	S2:  1.29875	R3:  1.29748

USD/JPY

 

RESISTANCE	R1:  99.450	R2:  99.813	R3:  103.626
SUPPORT	S1:  99.191	S2:  99.107	R3:    98.950

 

USD/ZAR

 

RESISTANCE	R1:  9.91907	R2:   9.96838	R3:  10.01026
SUPPORT	S1:  9.83194	S2:   9.78198	R3:    9.68662

 

XAU/USD – GOLD

 

RESISTANCE	R1:  $1,254.82	R2: $1,277.75	R3:  $1,299.65
SUPPORT	S1:  $1,237.47	S2: $1,224.54	R3:  $1,199.99

 

S & P Futures

 

RESISTANCE	R1: 1,600.17	R2:  1,604.92	R3: 1,608.22
SUPPORT	S1: 1,592.67	S2:  1,588.05	R3: 1,581.93