Market Scenario 1: Long positions above 0.7376 with targets @ 0.7398 & 0.7419.
Market Scenario 2: Short positions below 0.7376 with targets @ 0.7355 & 0.7333.
Comment: The pair trades neutral near pivot point 0.7376.
Supports and Resistances:
R3 0.7441
R2 0.7419
R1 0.7398
PP 0.7376
S1 0.7355
S2 0.7333
S3 0.7312
Market Scenario 1: Long positions above 138.31 with targets @ 138.69 & 139.24.
Market Scenario 2: Short positions below 138.31 with targets @ 137.76 & 137.38.
Comment: The pair rose over 138.10 level.
Supports and Resistances:
R3 139.62
R2 139.24
R1 138.69
PP 138.31
S1 137.76
S2 137.38
S3 136.83
Market Scenario 1: Long positions above 1.1133 with targets @ 1.1169 & 1.1224.
Market Scenario 2: Short positions below 1.1133 with targets @ 1.1078 & 1.1042.
Comment: The pair heads for a retest of 1.1100 level.
Supports and Resistances:
R3 1.1260
R2 1.1224
R1 1.1169
PP 1.1133
S1 1.1078
S2 1.1042
S3 1.0987
Market Scenario 1: Long positions above 194.30 with targets @ 194.77 & 195.00.
Market Scenario 2: Short positions below 194.30 with targets @ 194.07 & 193.60.
Comment: The pair jumped and now faces resistance at 195.00 level.
Supports and Resistances:
R3 195.47
R2 195.00
R1 194.77
PP 194.30
S1 194.07
S2 193.60
S3 193.37
Market Scenario 1: Long positions above 1.5632 with targets @ 1.5676 & 1.5703.
Market Scenario 2: Short positions below 1.5632 with targets @ 1.5605 & 1.5561.
Comment: The pair is pushed by the European desks which are bidding for the pound to a new session high of 1.5688 level.
Supports and Resistances:
R3 1.5747
R2 1.5703
R1 1.5676
PP 1.5632
S1 1.5605
S2 1.5561
S3 1.5534
Market Scenario 1: Long positions above 124.29 with targets @ 124.54 & 124.76.
Market Scenario 2: Short positions below 124.29 with targets @ 124.07 & 123.82.
Comment: The pair recovered from session lows and tries again a bounce towards 124.50 level.
Supports and Resistances:
R3 125.01
R2 124.76
R1 124.54
PP 124.29
S1 124.07
S2 123.82
S3 123.60
Market Scenario 1: Long positions above 1115.80 with targets @ 1120.00 & 1125.11.
Market Scenario 2: Short positions below 1115.80 with targets @ 1110.69 & 1106.49.
Comment: Gold prices rise as yuan fears keep safe-haven draw.
Supports and Resistances:
R3 1134.42
R2 1125.11
R1 1120.00
PP 1115.80
S1 1110.69
S2 1106.49
S3 1097.18
Market Scenario 1: Long positions above 42.11 with targets @ 42.86 & 43.67.
Market Scenario 2: Short positions below 42.11 with targets @ 41.30 & 40.55.
Comment: Crude oil prices trade unchanged below pivot point 42.11.
Supports and Resistances:
R3 45.23
R2 43.67
R1 42.86
PP 42.11
S1 41.30
S2 40.55
S3 38.99
Market Scenario 1: Long positions above 63.730 with targets @ 64.263 & 64.570.
Market Scenario 2: Short positions below 63.730 with targets @ 63.423 & 62.890.
Comment: The pair advanced and surpassed resistance level 64.263.
Supports and Resistances:
R3 65.410
R2 64.570
R1 64.263
PP 63.730
S1 63.423
S2 62.890
S3 62.050
