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

Forecast for 13th December 2012 Spot Euro Euro hesitated at 1.3017/27 but eventually broke higher to reach our next target 1.3085 and over ran slightly to 1.3097. If we mange to continue the recovery and hold above 1.3085 we could see a test of last week’s high at 1.3127. It looks unlikely we can go any higher at this stage so worth attempting shorts with a stop above 1.3140 for a test of 1.3170. If we hit profit taking today we could see a drift back to 1.3017/27 support. Watch for a low for

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

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