Market Scenario 1: Long positions above 0.7671 with target @ 0.7740.
Market Scenario 2: Short positions below 0.7671 with target @ 0.7631.
Comment: The pair fell and found support on pivot point 0.7671.
Supports and Resistances:
R3 0.7849
R2 0.7780
R1 0.7740
PP 0.7671
S1 0.7631
S2 0.7562
S3 0.7522
Market Scenario 1: Long positions above 141.20 with target @ 141.82.
Market Scenario 2: Short positions below 140.11 with target @ 139.49.
Comment: The pair made a sharp fall near 140.40 level.
Supports and Resistances:
R3 142.91
R2 141.82
R1 141.20
PP 140.11
S1 139.49
S2 138.40
S3 137.78
Market Scenario 1: Long positions above 1.1370 with target @ 1.1450.
Market Scenario 2: Short positions below 1.1227 with target @ 1.1147.
Comment: The pair weakened and trades below 1.1300 level.
Supports and Resistances:
R3 1.1593
R2 1.1450
R1 1.1370
PP 1.1227
S1 1.1147
S2 1.1004
S3 1.0924
Market Scenario 1: Long positions above 191.20 with target @ 191.73.
Market Scenario 2: Short positions below 190.55 with target @ 190.02.
Comment: The pair after some attempts to break pivot point 191.20, continues to fall.
Supports and Resistances:
R3 192.91
R2 192.38
R1 191.73
PP 191.20
S1 190.55
S2 190.02
S3 189.37
Market Scenario 1: Long positions above 1.5310 with target @ 1.5401.
Market Scenario 2: Short positions below 1.5310 with target @ 1.5258.
Comment: The pair has a bearish outlook and targets 1.5000 level according to analysts.
Supports and Resistances:
R3 1.5544
R2 1.5453
R1 1.5401
PP 1.5310
S1 1.5258
S2 1.5167
S3 1.5115
Market Scenario 1: Long positions above 124.82 with target @ 125.35.
Market Scenario 2: Short positions below 123.97 with target @ 123.44.
Comment: The pair remains within 124.0 on shaky dollar and as Asian equities moved lower.
Supports and Resistances:
R3 126.73
R2 126.20
R1 125.35
PP 124.82
S1 123.97
S2 123.44
S3 122.59
Market Scenario 1: Long positions above 1177.40 with target @ 1181.50.
Market Scenario 2: Short positions below 1172.90 with target @ 1168.80.
Comment: Gold prices witness moderate strength in the early European session on the back of a weak US dollar.
Supports and Resistances:
R3 1186.00
R2 1181.50
R1 1177.40
PP 1172.90
S1 1168.80
S2 1164.30
S3 1160.20
Market Scenario 1: Long positions above 58.42 with target @ 58.97.
Market Scenario 2: Short positions below 58.42 with target @ 57.70.
Comment: Crude oil prices trade neutral near pivot point 58.42.
Supports and Resistances:
R3 60.24
R2 59.69
R1 58.97
PP 58.42
S1 57.70
S2 57.15
S3 56.43
Market Scenario 1: Long positions above 55.031 with target @ 55.475.
Market Scenario 2: Short positions below 55.031 with target @ 54.548.
Comment: The pair struggles to break above pivot point 55.031.
Supports and Resistances:
R3 56.885
R2 55.958
R1 55.475
PP 55.031
S1 54.548
S2 54.103
S3 53.176
