Market Scenario 1: Long positions above 0.7391 with targets at 0.7421 and 0.7469.
Market Scenario 2: Short positions below 0.7391 with targets at 0.7343 and 0.7313.
Comment: The pair advanced slightly, but still remains well below its trading average as commodity and commodity currencies decline.
Supports and Resistances:
R3 0.7499
R2 0.7469
R1 0.7421
PP 0.7391
S1 0.7343
S2 0.7313
S3 0.7265
Market Scenario 1: Long positions above 135.31 with targets at 135.77 and 136.09.
Market Scenario 2: Short positions below 135.31 with targets at 134.99 and 134.53.
Comment: The pair couldn’t break resistance level 135.77 and now declines.
Supports and Resistances:
R3 136.55
R2 136.09
R1 135.77
PP 135.31
S1 134.99
S2 134.53
S3 134.21
Market Scenario 1: Long positions above 1.0921 with targets at 1.0973 and 1.1018.
Market Scenario 2: Short positions below 1.0921 with targets at 1.0876 and 1.0824.
Comment: The pair advanced to the area 1.0950/60 near session peaks.
Supports and Resistances:
R3 1.1070
R2 1.1018
R1 1.0973
PP 1.0921
S1 1.0876
S2 1.0824
S3 1.0779
Market Scenario 1: Long positions above 193.25 with targets at 194.22 and 194.93.
Market Scenario 2: Short positions below 193.25 with targets at 192.54 and 191.57.
Comment: The pair trades neutral slightly above 193.70 level.
Supports and Resistances:
R3 195.90
R2 194.93
R1 194.22
PP 193.25
S1 192.54
S2 191.57
S3 190.86
Market Scenario 1: Long positions above 1.5600 with targets at 1.5656 and 1.5701.
Market Scenario 2: Short positions below 1.5600 with targets at 1.5555 and 1.5499.
Comment: The pair jumped and tries to surpass resistance level 1.5656.
Supports and Resistances:
R3 1.5757
R2 1.5701
R1 1.5656
PP 1.5600
S1 1.5555
S2 1.5499
S3 1.5454
Market Scenario 1: Long positions above 123.88 with targets at 124.21 and 124.46.
Market Scenario 2: Short positions below 123.88 with targets at 123.63 and 123.30.
Comment: The pair dropped sharply below pivot point 123.88.
Supports and Resistances:
R3 124.79
R2 124.46
R1 124.21
PP 123.88
S1 123.63
S2 123.30
S3 123.05
Market Scenario 1: Long positions above 1093.60 with targets at 1101.70 and 1110.30.
Market Scenario 2: Short positions below 1093.60 with targets at 1085.00 and 1076.90.
Comment: Gold prices made a rebound above resistance level 1101.70.
Supports and Resistances:
R3 1118.40
R2 1110.30
R1 1101.70
PP 1093.60
S1 1085.00
S2 1076.90
S3 1068.30
Market Scenario 1: Long positions above 49.65 with targets at 50.26 and 51.32.
Market Scenario 2: Short positions below 49.65 with targets at 48.59 and 47.98.
Comment: Crude oil prices trade near 49.40 level.
Supports and Resistances:
R3 51.93
R2 51.32
R1 50.26
PP 49.65
S1 48.59
S2 47.98
S3 46.92
Market Scenario 1: Long positions above 56.325 with targets at 56.963 and 57.281.
Market Scenario 2: Short positions below 56.325 with targets at 56.006 and 55.368.
Comment: The pair trades neutral above pivot point 56.325.
Supports and Resistances:
R3 58.238
R2 57.281
R1 56.963
PP 56.325
S1 56.006
S2 55.368
S3 54.412
