*All the charts are 30M charts with daily pivot points.
Market Scenario 1: Long positions above 0.7600 with target @ 0.7725.
Market Scenario 2: Short positions below 0.7600 with target @ 0.7555.
Comment: The pair is expected to reach 0.7300 level due the impact of USD strength and falling commodities on the Aussie.
Supports and Resistances:
R3 0.7725
R2 0.7685
R1 0.7640
PP 0.7600
S1 0.7555
S2 0.7515
S3 0.7470
Market Scenario 1: Long positions above 128.55 with target @ 129.49.
Market Scenario 2: Short positions below 128.55 with target @ 127.16.
Comment: The pair advanced higher after German CPI data.
Supports and Resistances:
R3 131.82
R2 130.88
R1 129.49
PP 128.55
S1 127.16
S2 126.22
S3 124.83
Market Scenario 1: Long positions above 1.0591 with target @ 1.0797.
Market Scenario 2: Short positions below 1.0591 with target @ 1.0465.
Comment: The pair surpassed 1.0600 level.
Supports and Resistances:
R3 1.0877
R2 1.0797
R1 1.0671
PP 1.0591
S1 1.0465
S2 1.0385
S3 1.0259
Market Scenario 1: Long positions above 181.73 with target @ 182.70.
Market Scenario 2: Short positions below 181.73 with target @ 180.34.
Comment: The pair trades steady near 181.50 level.
Supports and Resistances:
R3 185.06
R2 184.09
R1 182.70
PP 181.73
S1 180.34
S2 179.37
S3 177.98
Market Scenario 1: Long positions above 1.4972 with target @ 1.5052.
Market Scenario 2: Short positions below 1.4972 with target @ 1.4849.
Comment: The pair rebounded after yesterday’s low 1.4893 and the analysts view that a recovery towards 1.5030/50 will only attract sellers back in the market.
Supports and Resistances:
R3 1.5255
R2 1.5175
R1 1.5052
PP 1.4972
S1 1.4849
S2 1.4769
S3 1.4646
Market Scenario 1: Long positions above 121.30 with target @ 121.76.
Market Scenario 2: Short positions below 121.30 with target @ 120.52.
Comment: The pair appears to have a selling pressure.
Supports and Resistances:
R3 122.54
R2 122.08
R1 121.76
PP 121.30
S1 120.98
S2 120.52
S3 120.20
Market Scenario 1: Long positions above 1154.70 with target @ 1172.50.
Market Scenario 2: Short positions below 1154.70 with target @ 1145.20.
Comment: Gold prices attempt a rebound.
Supports and Resistances:
R3 1180.80
R2 1172.50
R1 1163.00
PP 1154.70
S1 1145.20
S2 1136.90
S3 1127.40
Market Scenario 1: Long positions above 48.27 with target @ 49.20.
Market Scenario 2: Short positions below 48.27 with target @ 47.48.
Comment: Crude oil prices attempt to launch a recovery from 2-month lows.
Supports and Resistances:
R3 50.92
R2 49.99
R1 49.20
PP 48.27
S1 47.48
S2 46.55
S3 45.76
Market Scenario 1: Long positions above 60.870 with target @ 61.657.
Market Scenario 2: Short positions below 60.870 with target @ 58.916.
Comment: The analysts say thatruble can get stronger due to the expectations of oil recovery.
Supports and Resistances:
R3 64.778
R2 62.824
R1 61.657
PP 60.870
S1 59.703
S2 58.916
S3 56.962