Daily Technical by AAATrade

[AAATrade]

AUD/USD

Market Scenario 1: Long positions above 0.7581 with targets @ 0.7667 & 0.7725

Market Scenario 2: Short positions below 0.7581 with targets @ 0.7523 & 0.7437

Comment: Aussie during yesterday’s session was trading with positive dynamics against US Dollar and closed the day with profit at 0.7610. Today AUDUSD renewed its downward movement, trading below Pivot Point Level.

Supports and Resistances:

R3 0.7811

R2 0.7725

R1 0.7667

PP 0.7581

S1 0.7523

S2 0.7437

S3 0.7379


EUR/JPY

Market Scenario 1: Long positions above 113.69 with targets @ 114.42 & 115.55

Market Scenario 2: Short positions below 113.69 with targets @ 112.56 & 111.83

Comment: European currency during yesterday’s session fell against Japanese Yen, closing the session in negative territory at 113.28. Today the pair continues falling and currently is trading below Pivot Point Level.

Supports and Resistances:

R3 116.28

R2 115.55

R1 114.42

PP 113.69

S1 112.56

S2 111.83

S3 110.70


EUR/USD

Market Scenario 1: Long positions above 1.1205 with targets @ 1.1257 & 1.1288

Market Scenario 2: Short positions below 1.1205 with targets @ 1.1174 & 1.1122

Comment: European currency during yesterday’s session strengthened against US Dollar, closing the day in positive territory at 1.1224. Today the pair is losing positions, trading close to Pivot Point Level.

Supports and Resistances:

R3 1.1340

R2 1.1288

R1 1.1257

PP 1.1205

S1 1.1174

S2 1.1122

S3 1.1091


GBP/USD

Market Scenario 1: Long positions above 1.3297 with targets @ 1.3425 & 1.3494

Market Scenario 2: Short positions below 1.3297 with targets @ 1.3228 & 1.3100

Comment: Sterling during yesterday’s session was climbing against US Dollar and closed the session with profit at 1.3356. Today the is trading with negative bias close to Pivot Point Level.

Supports and Resistances:

R3 1.3622

R2 1.3494

R1 1.3425

PP 1.3297

S1 1.3228

S2 1.3100

S3 1.3031


GOLD

Market Scenario 1: Long positions above 1359.00 with targets @ 1371.40 & 1378.40

Market Scenario 2: Short positions below 1359.00 with targets @ 1352.00 & 1339.60

Comment: Gold during yesterday’s session continued its upward trend against US Dollar, closing the session with profit. Today the bullion continues rising and currently is trading close to First Resistance Level.

Supports and Resistances

R3 1390.80

R2 1378.40

R1 1371.40

PP 1359.00

S1 1352.00

S2 1339.60

S3 1332.60


USD/RUB

Market Scenario 1: Long positions above 66.57 with targets @ 67.11 & 67.55

Market Scenario 2: Short positions below 66.57 with targets @ 66.13 & 65.59

Comment: US Dollar during yesterday’s session was rising against Ruble, however, came under pressure and closed the session with losses at 66.67. Today the pair continues appreciating, trading above Pivot Point Level.

Supports and Resistances:

R3 68.09

R2 67.55

R1 67.11

PP 66.57

S1 66.13

S2 65.59

S3 65.15

*Risk Disclosure: The purpose of this risk disclaimer is to inform users of the potential financial risks involved in trading in foreign currencies. The transaction or operations in the Forex or fx markets does involve a substantial degree of risk, and should not be undertaken until the user has carefully evaluate whether their financial situation is appropriate for such transactions. Trading may result in a substantial or complete loss of funds and therefore should only be undertaken with risk capital.

 

[AAATrade]

AUD/USD

Market Scenario 1: Long positions above 0.7625 with targets @ 0.7654 & 0.7692

Market Scenario 2: Short positions below 0.7625 with targets @ 0.7587 & 0.7558

Comment: The Aussie pair went back and forth during the course of the session on Friday, as we got stronger than anticipated jobs numbers coming out of the United States, closing in a slightly negative candle for the day. Today AUDUSD initiated its upwards move surpassing the pivot point level and trading close to those levels.

Supports and Resistances:

R3 0.7721

R2 0.7692

R1 0.7654

PP 0.7625

S1 0.7587

S2 0.7558

S3 0.7520


EUR/JPY

Market Scenario 1: Long positions above 112.71 with targets @ 113.12 & 113.37

Market Scenario 2: Short positions below 112.71 with targets @ 112.46 & 112.05

Comment: European currency during yesterday’s session against Japanese Yen did very little for the trading session on Friday. Today the pair continues trading with positive bias trading above the pivot level having surpassed the initial resistance level at 113.12 and attempting to break the second level at 113.37.

Supports and Resistances:

R3 113.78

R2 113.37

R1 113.12

PP 112.71

S1 112.46

S2 112.05

S3 111.80


EUR/USD

Market Scenario 1: Long positions above 1.1097 with targets @ 1.1150 & 1.1213

Market Scenario 2: Short positions below 1.1097 with targets @ 1.1034 & 1.0981

Comment: European currency during yesterday’s session initially attempted to rally against the US Dollar however lost sentiment especially due to NFP results on Friday. Today the pair continues trading in a negative bias trading below the pivot point level.

R3 1.1266

R2 1.1213

R1 1.1150

PP 1.1097

S1 1.1034

S2 1.0981

S3 1.0918


GBP/JPY

Market Scenario 1: Long positions above 132.85 with targets @ 133.48 & 133.96

Market Scenario 2: Short positions below 132.85 with targets @ 132.37 & 131.74

Comment: Sterling during yesterday’s session fell during the course of the day against Japanese Yen. Today GBPJPY continues trading in a tight range above the pivot point level having already reached the initial resistance level at 133.48.

Supports and Resistances:

R3 134.59

R2 133.96

R1 133.48

PP 132.85

S1 132.37

S2 131.74

S3 131.26


GBP/USD

Market Scenario 1: Long positions above 1.3086 with targets @ 1.3153 & 1.3240

Market Scenario 2: Short positions below 1.3086 with targets @ 1.2999 & 1.2932

Comment: Sterling during yesterday’s session came under selling pressure against US Dollar, however, having dropping and closing in negative territory after the NFP numbers. Today the pair continues trading with negative bias below the pivot point level. Significant supportive level at 1.3000 handle.

Supports and Resistances:

R3 1.3307

R2 1.3240

R1 1.3153

PP 1.3086

S1 1.2999

S2 1.2932

S3 1.2845


USD/JPY

Market Scenario 1: Long positions above 101.57 with targets @ 102.28 & 102.77

Market Scenario 2: Short positions below 101.57 with targets @ 101.08 & 100.37

Comment: US Dollar during yesterday’s session rallied against Japanese Yen due to stronger than anticipated US job numbers. Today the pair continues trading in a positive bias above the pivot point level, reaching the initial resistance level at 102.28.

Supports and Resistances:

R3 103.48

R2 102.77

R1 102.28

PP 101.57

S1 101.08

S2 100.37

S3 99.88


GOLD

Market Scenario 1: Long positions above 1344.84 with targets @ 1355.19 & 1374.87

Market Scenario 2: Short positions below 1344.84 with targets @ 1325.16 & 1314.81

Comment: Gold during Friday’s session traded in negative territory due to the strong NFP numbers released closing $25 below open price. Today Bullion is trading in negative territory below the Pivot Point level. First support level at 1325.16.

Supports and Resistances

R3 1404.90

R2 1374.87

R1 1355.19

PP 1344.84

S1 1325.16

S2 1314.81

S3 1284.78


CRUDE OIL

Market Scenario 1: Long positions above 41.71 with targets @ 42.37 & 42.7

Market Scenario 2: Short positions below 41.71 with targets @ 41.33 & 40.67

Comment: The WTI Crude Oil market fell slightly during the course of the day on Friday after the nonfarm payroll numbers came out much stronger than anticipated. Today Crude continues it upside momentum of the previous week trading above the pivot point level having touched the initial resistance level at 42.37.

Supports and Resistances:

R3 43.79

R2 42.75

R1 42.37

PP 41.71

S1 41.33

S2 40.67

S3 39.63


USD/RUB

Market Scenario 1: Long positions above 64.46 with targets @ 65.10 & 65.64

Market Scenario 2: Short positions below 64.46 with targets @ 63.92 & 63.28

Comment: US Dollar during yesterday’s session closed in slightly negative territory against the Russian ruble. Today the pair continues trading under pressure under the Pivot Point level in attempts to reach first support level at 63.92 strongly supportive.

Supports and Resistances:

R3 66.83

R2 65.64

R1 65.10

PP 64.46

S1 63.92

S2 63.28

S3 62.10


*Risk Disclosure: The purpose of this risk disclaimer is to inform users of the potential financial risks involved in trading in foreign currencies. The transaction or operations in the Forex or fx markets does involve a substantial degree of risk, and should not be undertaken until the user has carefully evaluate whether their financial situation is appropriate for such transactions. Trading may result in a substantial or complete loss of funds and therefore should only be undertaken with risk capital.

 

[AAATrade]

AUD/USD

Market Scenario 1: Long positions above 0.7660 with targets @ 0.7698 & 0.7725

Market Scenario 2: Short positions below 0.7660 with targets @ 0.7633 & 0.7595

Comment: The Aussie pair initially fell against the US dollar during yesterday’s trading session, however turned around to the upside and closed the day in a positive bias. Today, the pair continues trading with a positive sentiment above the pivot point level attempting to surpass the initial R1 level at 0.7698.

Supports and Resistances:

R3 0.7763

R2 0.7725

R1 0.7698

PP 0.7660

S1 0.7633

S2 0.7595

S3 0.7568


EUR/JPY

Market Scenario 1: Long positions above 113.30 with targets @ 113.57 & 113.87

Market Scenario 2: Short positions below 113.30 with targets @ 113.00 & 112.73

Comment: European currency during yesterday’s session against Japanese Yen closed in a neutral candle as the pair did not do much for the session. Today the pair is trading in a negative bias trading slightly below the pivot level.

Supports and Resistances:

R3 114.14

R2 113.87

R1 113.57

PP 113.30

S1 113.00

S2 112.73

S3 112.43


EUR/USD

Market Scenario 1: Long positions above 1.1103 with targets @ 1.1136 & 1.1155

Market Scenario 2: Short positions below 1.1103 with targets @ 1.1084 & 1.1051

Comment: European currency during yesterday’s session rallied against the US Dollar closing in a positive candle for the day. Today the pair continues trading in a positive bias trading above the pivot point level having already surpassed the initial R1 level at 1.1136 and reaching the second R2 level at 1.1155.

R3 1.1188

R2 1.1155

R1 1.1136

PP 1.1103

S1 1.1084

S2 1.1051

S3 1.1032


GBP/JPY

Market Scenario 1: Long positions above 132.75 with targets @ 133.41 & 134.36

Market Scenario 2: Short positions below 132.75 with targets @ 131.80 & 131.14

Comment: Sterling during yesterday’s session slightly fell against the Japanese Yen. Today GBPJPY continues trading in a tight range below the pivot point level.

Supports and Resistances:

R3 135.02

R2 134.36

R1 133.41

PP 132.75

S1 131.80

S2 131.14

S3 130.19


GBP/USD

Market Scenario 1: Long positions above 1.3000 with targets @ 1.3046 & 1.3090

Market Scenario 2: Short positions below 1.3000 with targets @ 1.2956 & 1.2910

Comment: Sterling during yesterday’s session fell against US Dollar, finding strong support slightly below the 1.3000 level. Today, the pair trades in a more positive bias above the pivot point level breaking R1 level and touching the R2 level at 1.3090.


Supports and Resistances:

R3 1.3136

R2 1.3090

R1 1.3046

PP 1.3000

S1 1.2956

S2 1.2910

S3 1.2866


USD/JPY

Market Scenario 1: Long positions above 102.06 with targets @ 102.34 & 102.80

Market Scenario 2: Short positions below 102.06 with targets @ 101.60 & 101.32

Comment: US Dollar during yesterday’s session fell slightly against Japanese Yen closing the day in a negative sentiment. Today the pair continues trading in a negative bias below the pivot point level, breaking S1 and S2 levels. Next support level at 100.86.

Supports and Resistances:

R3 103.08

R2 102.80

R1 102.34

PP 102.06

S1 101.60

S2 101.32

S3 100.86


GOLD

Market Scenario 1: Long positions above 1337.75 with targets @ 1345.25 & 1350.05

Market Scenario 2: Short positions below 1337.75 with targets @ 1332.95 & 1325.45

Comment: Gold during yesterday’s session traded slightly higher closing $6 above the opening level. Today Bullion continues its positive sentiment for the day trading above the pivot level and surpassing R1 and R2 levels. Next resistance level is at 1362.35.

Supports and Resistances

R3 1362.35

R2 1350.05

R1 1345.25

PP 1337.75

S1 1332.95

S2 1325.45

S3 1313.15


CRUDE OIL

Market Scenario 1: Long positions above 42.89 with targets @ 43.34 & 43.94

Market Scenario 2: Short positions below 42.89 with targets @ 42.29 & 41.84

Comment: The WTI Crude Oil market traded higher for yesterday’s trading session, however closed almost unchanged. Today Crude is trading below the point level in a negative bias surpassing initial S1 level at 42.29. US Crude oil inventories will drive this market in the later session of the day.

Supports and Resistances:

R3 44.99

R2 43.94

R1 43.34

PP 42.89

S1 42.29

S2 41.84

S3 40.79



USD/RUB

Market Scenario 1: Long positions above 63.73 with targets @ 63.98 & 64.37

Market Scenario 2: Short positions below 63.73 with targets @ 63.33 & 63.09

Comment: US Dollar during yesterday’s session traded in a range against the Russian ruble between 64.12 and 63.48. Today the pair continues trading within the same range slightly above the Pivot Point level.

Supports and Resistances:

R3 65.02

R2 64.37

R1 63.98

PP 63.73

S1 63.33

S2 63.09

S3 62.44


*Risk Disclosure: The purpose of this risk disclaimer is to inform users of the potential financial risks involved in trading in foreign currencies. The transaction or operations in the Forex or fx markets does involve a substantial degree of risk, and should not be undertaken until the user has carefully evaluate whether their financial situation is appropriate for such transactions. Trading may result in a substantial or complete loss of funds and therefore should only be undertaken with risk capital.

 

[AAATrade]

AUD/USD

Market Scenario 1: Long positions above 0.7705 with targets @ 0.7749 & 0.7799

Market Scenario 2: Short positions below 0.7705 with targets @ 0.7655 & 0.7611

Comment: The Aussie pair rallied against the US dollar during yesterday’s trading session, to its highest level 0.77535 since April 27th. Despite the pull back, the pair continues trading with a positive sentiment above the pivot point level.

Supports and Resistances:

R3 0.7843

R2 0.7799

R1 0.7749

PP 0.7705

S1 0.7655

S2 0.7611

S3 0.7561


EUR/JPY

Market Scenario 1: Long positions above 113.14 with targets @ 113.50 & 113.82

Market Scenario 2: Short positions below 113.14 with targets @ 112.82 & 112.46

Comment: European currency during yesterday’s session against Japanese Yen traded in a choppy sentiment. Today the pair is trading in a negative bias trading slightly below the pivot level moving towards the initial S1 level at 112.82.

Supports and Resistances:

R3 114.18

R2 113.82

R1 113.50

PP 113.14

S1 112.82

S2 112.46

S3 112.14


EUR/USD

Market Scenario 1: Long positions above 1.1158 with targets @ 1.1206 & 1.1236

Market Scenario 2: Short positions below 1.1158 with targets @ 1.1128 & 1.1080

Comment: European currency during yesterday’s session rallied against the US Dollar closing in a positive candle for the day. Today the pair has lost some positive momentum trading below the pivot point level.

R3 1.1284

R2 1.1236

R1 1.1206

PP 1.1158

S1 1.1128

S2 1.1080

S3 1.1050


GBP/JPY

Market Scenario 1: Long positions above 132.03 with targets @ 132.50 & 133.29

Market Scenario 2: Short positions below 132.03 with targets @ 131.24 & 130.77

Comment: Sterling during yesterday’s session drifted lower against the Japanese Yen. Today GBPJPY continues trading in a negative sentiment below the pivot point level reaching initial S1 level at 131.24.

Supports and Resistances:

R3 133.79

R2 133.29

R1 132.50

PP 132.03

S1 131.24

S2 130.77

S3 129.98


GBP/USD

Market Scenario 1: Long positions above 1.3030 with targets @ 1.3071 & 1.3133

Market Scenario 2: Short positions below 1.3030 with targets @ 1.2968 & 1.2927

Comment: Sterling during yesterday’s session went back and forth against US Dollar, closing the session almost unchanged. Today, the pair trades in a negative bias below the pivot point level attempting to reach the initial support level S1 at 1.2968.

Supports and Resistances:

R3 1.3174

R2 1.3133

R1 1.3071

PP 1.3030

S1 1.2968

S2 1.2927

S3 1.2865


USD/JPY

Market Scenario 1: Long positions above 101.39 with targets @ 101.82 & 102.38

Market Scenario 2: Short positions below 101.39 with targets @ 100.83 & 100.40

Comment: US Dollar during yesterday’s session fell against Japanese Yen closing the day in a negative sentiment. Today the pair continues trading in a negative bias below the pivot point level. Strong supportive floor on the pair close to the 100 levels.

Supports and Resistances:

R3 102.81

R2 102.38

R1 101.82

PP 101.39

S1 100.83

S2 100.40

S3 99.84


GOLD

Market Scenario 1: Long positions above 1347.69 with targets @ 1355.71 & 1365.08

Market Scenario 2: Short positions below 1347.69 with targets @ 1338.32 & 1330.30

Comment: Gold during yesterday’s session traded slightly higher but lost its sentiment throughout the session. Today Bullion continues is trading in a negative sentiment below the pivot point level as investors evaluate the likelihood of the Fed raising interest rates during this year.

Supports and Resistances

R3 1382.47

R2 1365.08

R1 1355.71

PP 1347.69

S1 1338.32

S2 1330.30

S3 1312.91


CRUDE OIL

Market Scenario 1: Long positions above 42.08 with targets @ 42.75 & 44.04

Market Scenario 2: Short positions below 42.08 with targets @ 40.79 & 40.12

Comment: The WTI Crude Oil market initially trying to rally during the course of the session on Wednesday, but turned right back around to form a negative candle. Today Crude is trading below the point level in a negative bias.

Supports and Resistances:

R3 46.00

R2 44.04

R1 42.75

PP 42.08

S1 40.79

S2 40.12

S3 38.16


USD/RUB

Market Scenario 1: Long positions above 63.72 with targets @ 64.27 & 64.59

Market Scenario 2: Short positions below 63.72 with targets @ 63.41 & 62.85

Comment: US Dollar during yesterday’s session traded lower against the Russian ruble, breaking the range trading of the previous days, however managed to close in a positive candle. Today the pair is trading above the Pivot Point level.

Supports and Resistances:

R3 65.46

R2 64.59

R1 64.27

PP 63.72

S1 63.41

S2 62.85

S3 61.98


*Risk Disclosure: The purpose of this risk disclaimer is to inform users of the potential financial risks involved in trading in foreign currencies. The transaction or operations in the Forex or fx markets does involve a substantial degree of risk, and should not be undertaken until the user has carefully evaluate whether their financial situation is appropriate for such transactions. Trading may result in a substantial or complete loss of funds and therefore should only be undertaken with risk capital.

 

[AAATrade]

AUD/USD

Market Scenario 1: Long positions above 0.7711 with targets @ 0.7732 & 0.7765

Market Scenario 2: Short positions below 0.7711 with targets @ 0.7678 & 0.7657

Comment: The Aussie pair went back and forth against the US dollar during yesterday’s trading session. Today, the pair is trading in a negative sentiment below the pivot point level, having attempted to break the initial support level at 0.7678.

Supports and Resistances:

R3 0.7786

R2 0.7765

R1 0.7732

PP 0.7711

S1 0.7678

S2 0.7657

S3 0.7624


EUR/JPY

Market Scenario 1: Long positions above 113.31 with targets @ 113.91 & 114.30

Market Scenario 2: Short positions below 113.31 with targets @ 112.92 & 112.32

Comment: European currency during yesterday’s session against Japanese Yen traded in a back and forth motion but managed to close in a positive candle for the day. Today the pair continues its positive sentiment trading above the pivot point level attempting to breach the initial R1 level at 113.91.

Supports and Resistances:

R3 114.90

R2 114.30

R1 113.91

PP 113.31

S1 112.92

S2 112.32

S3 111.93


EUR/USD

Market Scenario 1: Long positions above 1.1154 with targets @ 1.1174 & 1.1210

Market Scenario 2: Short positions below 1.1154 with targets @ 1.1118 & 1.1098

Comment: European currency during yesterday’s session initially rallied against the US Dollar and then fell again closing the day on a negative tone. Today the pair has not done much since opening however is trading below the pivot point level.

R3 1.1230

R2 1.1210

R1 1.1174

PP 1.1154

S1 1.1118

S2 1.1098

S3 1.1062


GBP/JPY

Market Scenario 1: Long positions above 131.77 with targets @ 132.53 & 133.01

Market Scenario 2: Short positions below 131.77 with targets @ 131.29 & 130.53

Comment: Sterling during yesterday’s session initially drifted lower against the Japanese Yen but turned around and closed the session positively. Today GBPJPY continues trading in a positive sentiment above the pivot point level.

Supports and Resistances:

R3 133.77

R2 133.01

R1 132.53

PP 131.77

S1 131.29

S2 130.53

S3 130.05


GBP/USD

Market Scenario 1: Long positions above 1.2972 with targets @ 1.3010 & 1.3064

Market Scenario 2: Short positions below 1.2972 with targets @ 1.2918 & 1.2880

Comment: Sterling during yesterday’s session fell against US Dollar. Today, the pair trades in a slightly negative bias below the pivot point level.

Supports and Resistances:

R3 1.3102

R2 1.3064

R1 1.3010

PP 1.2972

S1 1.2918

S2 1.2880

S3 1.2826


USD/JPY

Market Scenario 1: Long positions above 101.66 with targets @ 102.34 & 102.73

Market Scenario 2: Short positions below 101.66 with targets @ 101.27 & 100.59

Comment: US Dollar during yesterday’s session rallied against Japanese Yen closing the day in a positive sentiment. Today the pair continues trading in a positive tone above the pivot point level.

Supports and Resistances:

R3 103.41

R2 102.73

R1 102.34

PP 101.66

S1 101.27

S2 100.59

S3 100.20


GOLD

Market Scenario 1: Long positions above 1342.33 with targets @ 1349.11 & 1359.96

Market Scenario 2: Short positions below 1342.33 with targets @ 1331.48 & 1324.70

Comment: Gold during yesterday’s session traded fell throughout the session but found enough support at $1,340 level to turn around. Today Bullion continues is trading in a negative sentiment below the pivot point level finding support once again at the $1,340 levels. Markets are focusing on the release of U.S economic reports later during the day for indications of the strength of the economy.

Supports and Resistances

R3 1377.59

R2 1359.96

R1 1349.11

PP 1342.33

S1 1331.48

S2 1324.70

S3 1307.07


CRUDE OIL

Market Scenario 1: Long positions above 42.79 with targets @ 44.49 & 45.55

Market Scenario 2: Short positions below 42.79 with targets @ 41.73 & 40.03

Comment: The WTI Crude Oil market initially pulled back during the course of the session on Wednesday, but found enough support at $41 level to bounce a bit. Today Crude is trading above the point level.

Supports and Resistances:

R3 48.31

R2 45.55

R1 44.49

PP 42.79

S1 41.73

S2 40.03

S3 37.27


USD/RUB

Market Scenario 1: Long positions above 63.47 with targets @ 64.06 & 64.75

Market Scenario 2: Short positions below 63.47 with targets @ 62.79 & 62.20

Comment: US Dollar during yesterday’s session traded lower against the Russian ruble closing in a negative candle for the day. Today the pair is trading below the Pivot Point level.

Supports and Resistances:

R3 66.02

R2 64.75

R1 64.06

PP 63.47

S1 62.79

S2 62.20

S3 60.93


*Risk Disclosure: The purpose of this risk disclaimer is to inform users of the potential financial risks involved in trading in foreign currencies. The transaction or operations in the Forex or fx markets does involve a substantial degree of risk, and should not be undertaken until the user has carefully evaluate whether their financial situation is appropriate for such transactions. Trading may result in a substantial or complete loss of funds and therefore should only be undertaken with risk capital.

 

[AAATrade]

AUD/USD

Market Scenario 1: Long positions above 0.7666 with targets @ 0.7699 & 0.7725

Market Scenario 2: Short positions below 0.7666 with targets @ 0.7640 & 0.7607

Comment: During yesterday’s session Aussie rose against US Dollar, closing the day with profit at 0.7673. Today the pair continues its upward movement, trading above First Resistance Level and heading towards Second one.

Supports and Resistances:

R3 0.7758

R2 0.7725

R1 0.7699

PP 0.7666

S1 0.7640

S2 0.7607

S3 0.7581


EUR/JPY

Market Scenario 1: Long positions above 113.06 with targets @ 113.49 & 113.74

Market Scenario 2: Short positions below 113.06 with targets @ 112.81 & 112.38

Comment: European currency during yesterday’s session slightly appreciated against Japanese Yen, closing the session in positive territory at 113.25. Today the pair is trading with negative bias, having broken First Support Level.

Supports and Resistances:

R3 114.17

R2 113.74

R1 113.49

PP 113.06

S1 112.81

S2 112.38

S3 112.13


EUR/USD

Market Scenario 1: Long positions above 1.1180 with targets @ 1.1208 & 1.1231

Market Scenario 2: Short positions below 1.1180 with targets @ 1.1157 & 1.1129

Comment: European currency during yesterday’s session strengthened against US Dollar and closed the day with profit at 1.1183. Today the pair continues rising, trading close to Second Resistance Level.

R3 1.1259

R2 1.1231

R1 1.1208

PP 1.1180

S1 1.1157

S2 1.1129

S3 1.1106


GBP/USD

Market Scenario 1: Long positions above 1.2896 with targets @ 1.2929 & 1.2978

Market Scenario 2: Short positions below 1.2896 with targets @ 1.2847 & 1.2814

Comment: Sterling during yesterday’s session fell against US Dollar, closing the session with losses at 1.2880. Today, however, the pair is trading with positive dynamics close to Pivot Point Level.

Supports and Resistances:

R3 1.3014

R2 1.2978

R1 1.2929

PP 1.2896

S1 1.2847

S2 1.2814

S3 1.2765


GOLD

Market Scenario 1: Long positions above 1338.17 with targets @ 1342.74 & 1345.17

Market Scenario 2: Short positions below 1338.17 with targets @ 1335.74 & 1331.17

Comment: Gold during yesterday’s session rose against US Dollar, closing the session in positive territory. Today Bullion continues its upward movement, trading above Pivot Point Level.

Supports and Resistances

R3 1349.74

R2 1345.17

R1 1342.74

PP 1338.17

S1 1335.74

S2 1331.17

S3 1328.74


USD/RUB

Market Scenario 1: Long positions above 64.24 with targets @ 64.57 & 65.09

Market Scenario 2: Short positions below 64.24 with targets @ 63.71 & 63.39

Comment: US Dollar during yesterday’s session traded lower against the Russian ruble closing in a negative candle for the day. Today the pair is trading with positive bias below the Pivot Point level.

Supports and Resistances:

R3 65.42

R2 65.09

R1 64.57

PP 64.24

S1 63.71

S2 63.39

S3 62.86


*Risk Disclosure: The purpose of this risk disclaimer is to inform users of the potential financial risks involved in trading in foreign currencies. The transaction or operations in the Forex or fx markets does involve a substantial degree of risk, and should not be undertaken until the user has carefully evaluate whether their financial situation is appropriate for such transactions. Trading may result in a substantial or complete loss of funds and therefore should only be undertaken with risk capital.

 

[AAATrade]

AUD/USD

Market Scenario 1: Long positions above 0.7699 with targets @ 0.7748 & 0.7800

Market Scenario 2: Short positions below 0.7699 with targets @ 0.7647 & 0.7598

Comment: During yesterday’s session Aussie rose against US Dollar, closing the day with profit at 0.7695. Today the pair is trading with negative bias below Pivot Point Level.

Supports and Resistances:

R3 0.7849

R2 0.7800

R1 0.7748

PP 0.7699

S1 0.7647

S2 0.7598

S3 0.7546


EUR/JPY

Market Scenario 1: Long positions above 112.95 with targets @ 113.58 & 114.01

Market Scenario 2: Short positions below 112.95 with targets @ 112.52 & 111.89

Comment: European currency during yesterday’s session slightly depreciated against Japanese Yen, closing the session with insignificant losses at 113.14. Today the pair renewed its upward movement and currently is trading close to First Resistance Level.

Supports and Resistances:

R3 114.64

R2 114.01

R1 113.58

PP 112.95

S1 112.52

S2 111.89

S3 111.46


EUR/USD

Market Scenario 1: Long positions above 1.1258 with targets @ 1.1343 & 1.1409

Market Scenario 2: Short positions below 1.1258 with targets @ 1.1192 & 1.1107

Comment: European currency during yesterday’s session strengthened against US Dollar and closed the day with significant profit at 1.1278. Today the pair reversed its direction, but still remains above Pivot Point Level.

R3 1.1494

R2 1.1409

R1 1.1343

PP 1.1258

S1 1.1192

S2 1.1107

S3 1.1041


GBP/USD

Market Scenario 1: Long positions above 1.3018 with targets @ 1.3025 & 1.3037

Market Scenario 2: Short positions below 1.3018 with targets @ 1.3006 & 1.2999

Comment: Sterling during yesterday’s session was trading with positive dynamics against US Dollar, closing the session with profit at 1.3047. Today, however, the pair came under pressure and renewed its downward trend, trading close to Pivot Point Level.

Supports and Resistances:

R3 1.3044

R2 1.3037

R1 1.3025

PP 1.3018

S1 1.3006

S2 1.2999

S3 1.2987


GOLD

Market Scenario 1: Long positions above 1338.17 with targets @ 1342.74 & 1345.17

Market Scenario 2: Short positions below 1338.17 with targets @ 1335.74 & 1331.17

Comment: Gold during yesterday’s session rose against US Dollar, closing the session in positive territory. Today Bullion encountered pressure and currently is trading with negative bias, however, above Pivot Point Level.

Supports and Resistances

R3 1370.66

R2 1362.83

R1 1356.66

PP 1348.83

S1 1342.66

S2 1334.83

S3 1328.66


USD/RUB

Market Scenario 1: Long positions above 63.84 with targets @ 64.12 & 64.45

Market Scenario 2: Short positions below 63.84 with targets @ 63.51 & 63.23

Comment: US Dollar during yesterday’s session traded lower against the Russian ruble closing in a negative candle for the day. Today the pair is trading with positive bias above the Pivot Point level and heading towards First Support Level.

Supports and Resistances:

R3 64.73

R2 64.45

R1 64.12

PP 63.84

S1 63.51

S2 63.23

S3 62.90


*Risk Disclosure: The purpose of this risk disclaimer is to inform users of the potential financial risks involved in trading in foreign currencies. The transaction or operations in the Forex or fx markets does involve a substantial degree of risk, and should not be undertaken until the user has carefully evaluate whether their financial situation is appropriate for such transactions. Trading may result in a substantial or complete loss of funds and therefore should only be undertaken with risk capital.

 

[AAATrade]

AUD/USD

Market Scenario 1: Long positions above 0.7657 with targets @ 0.7707 & 0.7758

Market Scenario 2: Short positions below 0.7657 with targets @ 0.7606 & 0.7556

Comment: During yesterday’s session Aussie was trading with negative bias against US Dollar, closing the day with losses at 0.7656. Today the pair renewed its upward movement and currently is trading above First Resistance Level.

Supports and Resistances:

R3 0.7808

R2 0.7758

R1 0.7707

PP 0.7657

S1 0.7606

S2 0.7556

S3 0.7505


EUR/JPY

Market Scenario 1: Long positions above 113.31 with targets @ 113.84 & 114.50

Market Scenario 2: Short positions below 113.31 with targets @ 112.65 & 112.12

Comment: European currency during yesterday’s session appreciated against Japanese Yen, closing the session with profit at 113.21. Today the pair is falling, trading below Pivot Point Level.

Supports and Resistances:

R3 115.03

R2 114.50

R1 113.84

PP 113.31

S1 112.65

S2 112.12

S3 111.46



EUR/USD

Market Scenario 1: Long positions above 1.1282 with targets @ 1.1325 & 1.1361

Market Scenario 2: Short positions below 1.1282 with targets @ 1.1246 & 1.1203

Comment: European currency during yesterday’s session strengthened against US Dollar and closed the day in positive territory at 1.1288. Today the pair continues rising, trading above Pivot Point Level and heading towards First Resistance Level.

Supports and Resistances:

R3 1.1404

R2 1.1361

R1 1.1325

PP 1.1282

S1 1.1246

S2 1.1203

S3 1.1167


GBP/USD

Market Scenario 1: Long positions above 1.3036 with targets @ 1.3096 & 1.3149

Market Scenario 2: Short positions below 1.3036 with targets @ 1.2983 & 1.2923

Comment: Sterling during yesterday’s session was trading with negative dynamics against US Dollar, however, managed to close the session almost unchanged at 1.3039. Today the pair is trading with positive bias above Pivot Point Level.

Supports and Resistances:

R3 1.3209

R2 1.3149

R1 1.3096

PP 1.3036

S1 1.2983

S2 1.2923

S3 1.2870


GOLD

Market Scenario 1: Long positions above 1342.87 with targets @ 1347.14 & 1351.57

Market Scenario 2: Short positions below 1342.87 with targets @ 1338.44 & 1334.17

Comment: Gold during yesterday’s session rose against US Dollar, closing the session in positive territory. Today Bullion is trading slightly with positive bias.

Supports and Resistances

R3 1355.84

R2 1351.57

R1 1347.14

PP 1342.87

S1 1338.44

S2 1334.17

S3 1329.74


USD/RUB

Market Scenario 1: Long positions above 63.98 with targets @ 64.18 & 64.53

Market Scenario 2: Short positions below 63.98 with targets @ 63.63 & 63.43

Comment: US Dollar during yesterday’s session traded higher against the Russian ruble closing in a positive candle for the day. Today the pair is trading is losing positions, trading below First Support level.

Supports and Resistances:

R3 64.73

R2 64.53

R1 64.18

PP 63.98

S1 63.63

S2 63.43

S3 63.08


*Risk Disclosure: The purpose of this risk disclaimer is to inform users of the potential financial risks involved in trading in foreign currencies. The transaction or operations in the Forex or fx markets does involve a substantial degree of risk, and should not be undertaken until the user has carefully evaluate whether their financial situation is appropriate for such transactions. Trading may result in a substantial or complete loss of funds and therefore should only be undertaken with risk capital.

 

[AAATrade]

AUD/USD

Market Scenario 1: Long positions above 0.7684 with targets @ 0.7727 & 0.7767

Market Scenario 2: Short positions below 0.7684 with targets @ 0.7644 & 0.7601

Comment: During yesterday’s session Aussie was trading with positive bias against US Dollar, closing the day with profit at 0.7686. Today the pair renewed its downward movement and currently is trading below First Support Level.

Supports and Resistances:

R3 0.7810

R2 0.7767

R1 0.7727

PP 0.7684

S1 0.7644

S2 0.7601

S3 0.7561



EUR/JPY

Market Scenario 1: Long positions above 113.25 with targets @ 113.91 & 114.40

Market Scenario 2: Short positions below 113.25 with targets @ 112.76 & 112.10

Comment: European currency during yesterday’s session continued rising against Japanese Yen, closing the session with profit at 113.41. Today the pair continues its upward trend, trading above Pivot Point Level.

Supports and Resistances:

R3 115.06

R2 114.40

R1 113.91

PP 113.25

S1 112.76

S2 112.10

S3 111.61


EUR/USD

Market Scenario 1: Long positions above 1.1334 with targets @ 1.1387 & 1.1420

Market Scenario 2: Short positions below 1.1334 with targets @ 1.1301 & 1.1248

Comment: European currency during yesterday’s session strengthened against US Dollar and closed the day in positive territory at 1.1353. Today, however, the pair reversed its direction and currently is trading with negative bias below Pivot Point Level.

Supports and Resistances:

R3 1.1473

R2 1.1420

R1 1.1387

PP 1.1334

S1 1.1301

S2 1.1248

S3 1.1215


GBP/USD

Market Scenario 1: Long positions above 1.3124 with targets @ 1.3217 & 1.3267

Market Scenario 2: Short positions below 1.3036 with targets @ 1.3124 & 1.2981

Comment: Sterling during yesterday’s session was trading with positive dynamics against US Dollar, closing the session with profit at 1.3170. Today, though, the pair is moving down, trading close to Pivot Point Level.

Supports and Resistances:

R3 1.3360

R2 1.3267

R1 1.3217

PP 1.3124

S1 1.3074

S2 1.2981

S3 1.2931


GOLD

Market Scenario 1: Long positions above 1351.27 with targets @ 1354.34 & 1357.47

Market Scenario 2: Short positions below 1351.27 with targets @ 1348.14 & 1345.07

Comment: Gold during yesterday’s session rose against US Dollar, closing the session in positive territory. Today Bullion fell, but still remains above Pivot Point Level.

Supports and Resistances

R3 1360.54

R2 1357.47

R1 1354.34

PP 1351.27

S1 1348.14

S2 1345.07

S3 1341.94


USD/RUB

Market Scenario 1: Long positions above 63.75 with targets @ 64.08 & 64.49

Market Scenario 2: Short positions below 63.75 with targets @ 63.33 & 63.00

Comment: US Dollar during yesterday’s session came under pressure and depreciated against the Russian ruble, closing in a negative candle for the day. Today the pair is adding strength, trading close to First Resistance Level.

Supports and Resistances:

R3 64.82

R2 64.49

R1 64.08

PP 63.75

S1 63.33

S2 63.00

S3 62.59


*Risk Disclosure: The purpose of this risk disclaimer is to inform users of the potential financial risks involved in trading in foreign currencies. The transaction or operations in the Forex or fx markets does involve a substantial degree of risk, and should not be undertaken until the user has carefully evaluate whether their financial situation is appropriate for such transactions. Trading may result in a substantial or complete loss of funds and therefore should only be undertaken with risk capital.