Daily market recommendations for today Tuesday 11-03-2014

EURUSD Near Term : Upside favoredPivot Point : 1.3800EURUSD is Upside favored , So Buy at 1.38 with Target at 1.394If breaks below pivot 1.38 Sell with Target at 1.375GBPUSD Near Term : Downside favoredPivot Point : 1.6685GBPUSD is Downside favored , So Sell at 1.6685 with Target at 1.658If breaks above pivot 1.6685 Buy with Target at 1.671USDJPY Near Term : Upside favoredPivot Point : 102.80USDJPY is Upside favored , So Buy at 102.8 with Target at 104If breaks below pivot 102.8 Sell with Target at 102.25Crude Oil Near Term : Downside favored Pivot Point : 102.85Crude Oil is Downside favored, So Sell at 102.85 with Target at 100.5If breaks above pivot 102.85 Buy with Target at 104Gold Near Term : Upside favoredPivot Point : 1330Gold is Upside favored , So Buy at 1330 with Target at 1354If breaks below pivot 1330 Sell with Target at 1322Most Important Forex Events for Today (GMT): • Inflation Report Hearings for British Pound at 09:30• Manufacturing Production for British Pound at 09:30