weekly Newsletter of 3-7 December PDF file - Prophesies of ...

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WEEKLY FINANCIAL LETTERwww.mahendraprophecy.comDuring this week Euro, Pound and Swiss Franc will trade mix due mix Astro combinations sowe are not recommending any aggressive trade in these currencies. Monday we may seethese currencies losing value against USD, and same trend may continue on first half ofTuesday. Wednesday and Thursday these currencies will gain value against USD but Fridaythese currencies will lose value against USD.Canadian and Australian dollar trend also looks uncertain during this week. Australian dollarwill remain weaker in the medium and longer term trend but short it will trade both sides.This week Australian dollar may lose value against Euro, Pound, Dollar as well as emergingmarket currencies. We doesn’t see Australian dollar trading above 1.0575 in the short andmedium term. This week Australian dollar will lose value on Monday and Tuesday,Wednesday and Thursday we see side way trade but Friday against it will lose value.Canadian dollar will remain relatively strong during this week against all major currencies soone can take buying trade in it.Emerging market currencies will remain bit weaker on Monday and Tuesday, but fromWednesday onward they will move higher and this rising trend will continue until Friday.Cover all shorts and buy some position in Indian Rupee, and other emerging marketcurrencies during this week. Rand may hit new lows during this week but lows will belimited, soon great buying opportunity is coming in all major emerging market currencies.Monday’s trading range (December Future contract)DOLLAR INDEX – 80.42 to 80.01AUSTRALIAN DOLLAR – 1.0457 to 1.0378CANADIAN DOLLAR – 1.0081 to 1.0025BRITISH POUND – 1.6057 to 1.5968EURO – 1.3040 to 1.2890JAPANESE YEN – 1.2181 to 1.2089SWISS FRANC – 1.0815 to 1.0738RUPPEE – 54.60 to 53.90RAND – 8.92 to 8.78REAL - 2.1450 to 2.1000Weekly Financial Letter Copyright © 2012. All Rights Reserved Page 10
WEEKLY FINANCIAL LETTERwww.mahendraprophecy.comOverall – Turning around points:Late Friday one should buy indexes, hold stocks and Index position tightAvoid commodities from mid Thursday until we don’t recommend buying, this applies formetals as wellSugar and Cotton will trade positive, coffee will turn around from this weekAvoid currencies, grains and metalsThanks & God BlessMahendra SharmaSunday 5.00 PM, Santa BarbaraReading daily range: When wepredict a weaker trend it meansprices can break lower side and theycan trade below predicted lows.(You can cover short but don’t buyextra at lower levels until ourindicators give buy signal).When we predict a positive trend,means daily price can break upsideand they can trade higher thanpredicted price (you can book profitbut don’t short that market).Copyrights: We have just updated the copyrights of our work onwww.mahendraprophecy.com, under the USA and underinternational laws. There will be heavy penalties and legalcharges against individuals, groups or firms who are copying,editing or forwarding our work in any form without authorizedpermission.Members or Subscribers of mahendraprophecy.com should dotheir own research and due diligence before investing in any ofrecommendations. Investing in stocks, futures and options is veryspeculative and carries a high amount of risk. Subscriber may losemoney trading and investing in such investment.http://www.mahendraprophecy.com/disclaimer.phphttp://www.mahendraprophecy.com/privacy-policy.phpWeekly Financial Letter Copyright © 2012. All Rights Reserved Page 11
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