Oct 2012 Week 2 (8/10/12-12/10/12) Analysis

EUR/USD Pair
=======================

Daily chart of EUR/USD shows that we are at the midst of rally since August 2012. We expected a retracement towards 1.27, which ended at 1.28, and uptrend has resumed.

EUR/USD Trade Setup for the day
==============================
Setup A
Long @ 1.308

Setup B
Short @ 1.298

XAU/USD (Gold)
=============================
Daily chart of Gold futures shows a strong uptrend, penetrating towards 1800 key resistance.

XAU/USD Trade Setup
=================
Setup A
Long @ 1790

Setup B
Short @ 1770

NAS100Z2 (Nasdaq Mini Index)
=========================================
Daily chart of NAS shows that we are at the midst of rally since June 2012. Right now the pair has experienced retracement towards support level, and will resume uptrend.

Trade Setup
===========
Long @ 2810
Short @ 2790

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