Spot Euro, Eurostoxx, E-Mini S&P, FTSE 100, Dax, Hang Seng CE Index, Hang Seng, Straits Times

Forecast for 11th December 2012 Spot Euro Euro just held on to 1.2894 support. Resistance seen at 1.2849 and this may hold a bounce today but if we do push higher look for 1.3017/27 as the next target. Take profit on longs and try shorts with a stop above 1.3045. A push through here may then target 1.3085. However the one and a half year downtrend has clearly resumed and on a break of 1.2875 we look for 1.2839 as the next target. It is possible we see a floor here for today if we fall this far

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Spot Euro, Eurostoxx, E-Mini S&P, FTSE 100, Dax, Hang Seng CE Index, Hang Seng, Straits Times

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