Trading Range and Strategy for 10th August in Commodity and FOREX

Today (10th August 2012 – Friday) : Yesterday, the advice that was given for NATURAL GAS (MCX) was right. This Wednesday & Thursday, we had advised to make buying position in NATURAL GAS. Yesterday, NATURAL GAS rose by 5%.
Bullion did not rise as per my view. But it is bullish. The trend that you saw yesterday was a struggle to make a new high.
Today: bullion, crude oil, US & Indian stock market – volatile to positive.
Astrology indicates that right from Today and up-to Monday a big move is seen.
Gold, Silver and Crude Oil are also strong in bullish mode with volatility. Bullishness to continue next week as well.
So, be ready for new breakout.
From Tuesday onwards, global stock markets and base metals can experience a downward trend due to Saturn Mars conjunction.
But Bullion and Crude Oil will be bullish.
Recovery is seen in EUR/USD till Monday. And after Monday, EUR/USD will see a dip.Big down fall is possible in EUR/USD.
S&P will go up till Monday.After Monday, sell S&P and buy Dollar Index.
You’ll see a fall in USD/INR as well.
USD is going to be very strong against other currencies.
For further details, wait for our weekly view (which will be uploaded on Monday).

Trading Range For Today:
Dollar Index: 82.60-82.05 and below.
EUR/USD: 1.22652-1.2350-1.2400
S&P: 1390-1405 and above.
USD/INR: 55.60-55.20
GOLD: 1604-1625-1630
SILVER: 27.80-28.40 and above.
Crude Oil: 92.80-93.80 and above.
(Spot) Nifty: 5305-5360 and above.
Rajeev Prakash Agarwal is an Indian astrologer who tracks the stock and commodity market for his clients across the globe.
Visit http://rajeevprakash.com and http://astrodunia.com for details.

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