Market Scenario 1: Long positions above 0.7230 with targets at 0.7337 and 0.7402.
Market Scenario 2: Short positions below 0.7230 with targets at 0.7188 and 0.7123.
Comment: Aussie continues strengthening against the US dollar for the 5th day in a row. AUD/USD managed to break through the resistance level at 72.44 yesterday and now testing the first resistance level at 0.795, which is just slightly above highest point reached on 17th and 18th of September.
Supports and Resistances:
R3 0.7402
R2 0.7337
R1 0.7295
PP 0.7230
S1 0.7188
S2 0.7123
S3 0.7081
EUR/JPY
Market Scenario 1: Long positions above 135.63 with targets at 136.04 and 136.50
Market Scenario 2: Short positions below 135.63 with targets at 135.17 and 134.76
Comment: The EUR/JPY for the fifth day is struggling without success to break through the first resistance level. Succeeded to do so will open the way to further appreciation of the single European currency against the yen.
R3 136.50
R2 136.04
R1 135.63
PP 135.17
S1 134.76
S2 134.30
S3 133.89
EUR/USD
Market Scenario 1: Long positions above 1.1323 with targets at 1.1372 and 1.1416
Market Scenario 2: Short positions below 1.1323 with targets at 1.1279 and 1.1230
Comment: EUR/USD encountered with difficulties to break through and entrench itself above the first resistance level at 1.323. Hardly we may observe any acceleration today as not many news due to be released from Europe nor from USA.
Supports and Resistances:
R3 1.1416
R2 1.1372
R1 1.1323
PP 1.1279
S1 1.1230
S2 1.1186
S3 1.1137
GBP/JPY
Market Scenario 1: Long positions above 184.53 with targets at 185.02 and 185.79
Market Scenario 2: Short positions below 183.76 with targets at 183.27 and 182.50
Comment: Appreciation of the sterling against the Japanese yen is getting momentum. It’s a fifth day of gain. GBP/JPY already managed to break through first resistance level and is about to test the second one at 185.02.
Supports and Resistances:
R3 185.79
R2 185.02
R1 184.53
PP 183.76
S1 183.27
S2 182.50
S3 182.01
GBP/USD
Market Scenario 1: Long positions above 1.5380 with targets at 1.5435 and 1.5500
Market Scenario 2: Short positions below 1.5380 with targets at 1.5280 and 1.5215
Comment: GBP/USD is testing again its yesterday’s high from which it was pushed as low as to 1.5263. Obviously that sterling is in an uptrend and getting momentum. Succeeded to break through R1 will open the way to further appreciation of the sterling against US dollar.
Supports and Resistances:
R3 1.5500
R2 1.5435
R1 1.5380
PP 1.5325
S1 1.5280
S2 1.5215
S3 1.5170
Market Scenario 1: Long positions above 120.14 with targets at 120.36 and 120.62
Market Scenario 2: Short positions below 120.36 with targets at 120.14 and 119.66
Comment: The pair continue trading in a range between R2 and S2
Supports and Resistances:
R3 120.62
R2 120.36
R1 120.14
PP 119.88
S1 119.66
S2 119.40
S3 119.18
GOLD
Market Scenario 1: Long positions above 1147.82 with targets at 1152.93 and 1171.62
Market Scenario 2: Short positions below 1147.82 with targets at 1142.10 and 1133.06
Comment: Gold broke through first resistance level and getting closer to the second one. Trading near to its Wednesday’s high.
Supports and Resistances:
R3 1171.62
R2 1152.93
R1 1147.82
PP 1142.10
S1 1133.06
S2 1127.34
S3 1112.58
CRUDE OIL
Market Scenario 1: Long positions above 50.54 with targets at 51.42 and 53.69
Market Scenario 2: Short positions below 50.54 with targets at 49.15 and 48.27
Comment: Crude managed to break today through the psychologically important level of 50 USD per barrel. Currently it’s testing it as a support level. Breaking through the first resistance level, it will open way to R2 and R3
Supports and Resistances:
R3 53.69
R2 51.42
R1 50.54
PP 49.15
S1 48.27
S2 46.88
S3 44.61
USD/RUB
Market Scenario 1: Long positions above 60.97 with targets at 61.73 and 63.06
Market Scenario 2: Short positions below 60.97 with targets at 59.63 and 58.87
Comment: Ruble continues strengthening against US dollar amid growing price on crude oil. USD/RUB managed to test today psychologically important level at 60 ruble per US dollar, however, it was pushed back to the opening of the session.
Supports and Resistances:
R3 65.16
R2 63.06
R1 61.73
PP 60.97
S1 59.63
S2 58.87
S3 56.77
