MDM Partners FX Signal Service *Just $4.90 per day*: SELL EUR / USD @ 1.2515, TARGET 1.2010, STOP LOSS @ 1.3000

Dear reader, our long position on USD/JPY just hit our TP level on 82.55 in just 5 trading days.

Giving us  amazing 69 pips profit !!!!!!!!!!

Stay tuned for our next trading recommendation.

Dear reader, in today’s trade we are selling Australian Dollar vs. Canadian Dollar

Trade Recomendation: SELL AUD/CAD on market price currently standing on 0.9920

SL 1.0020    TP 0.9820

P.S. We are still holding our long USD/HUF

Happy Tradind

Buy USD/HUF at market. Currently trading around 208.95 and near the trend line.

SL 204.00,  TP open

by MDM Partners

It is clear that challenges for the Eurozone remain and at the very least, political and policy stability in the US is making the dollar a more attractive prospect in the medium term. Although financial meltdown has been averted and the recovery looks to be underway in most countries, concerns remain. Furthermore, the recovery in emerging Europe is lagging behind most other emerging market regions.The region faces a continued lack of finance and given that its main trading partner – Western Europe – is struggling, emerging Europe needs strong, yet sustainable economic development.

We have revised our long-term Forex forecasts to reflect recent developments. MDM Partners now target EURUSD at 1.13 by the end of this year and 1.08 for 2011 (vs. 1.16 and 1.20 previously).