Daily market recommendations for today Thursday 30-01-2014

EURUSD Near Term : Downside favored
Pivot Point : 1.3655
EURUSD is Downside favored , So Sell at 1.3655 with Target at 1.358
If breaks above pivot 1.3655 Buy with Target at 1.368

GBPUSD Near Term : Downside favored
Pivot Point : 1.6560
GBPUSD is Downside favored , So Sell at 1.656 with Target at 1.64
If breaks above pivot 1.656 Buy with Target at 1.659

USDJPY Near Term : Downside favored
Pivot Point : 103.05
USDJPY is Downside favored , So Sell at 103.05 with Target at 101.75
If breaks above pivot 103.05 Buy with Target at 103.45

Crude Oil Near Term : Upside favored
Pivot Point : 96.35
Crude Oil is Upside favored , So Buy at 96.35 with Target at 98
If breaks below pivot 96.35 Sell with Target at 95.2

Gold Near Term : Upside favored
Pivot Point : 1250
Gold is Upside favored , So Buy at 1250 with Target at 1272
If breaks below pivot 1250 Sell with Target at 1244


Most Important Forex Events for Today (GMT):
· Unemployment Claims for US Dollar at 13:30
· Advance GDP for US Dollar at 13:30
· Pending Home Sales for US Dollar at 15:00
· RBNZ Gov Wheeler Speaks New Zealand Dollar at 23:00