Trading news

Daily Analysis 03/09/2014

EURUSD

Today market focus in Euro zone Markit Services PMI, Markit PMI Composite, Retail Sales, in U.S MBA Mortgage Applications, Redbook index, ISM New York index, Factory Orders, 4 – Week Bill Auction, Fed’s Beige Book, in Canada BOC Interest Decision, BOC Rate Statement, in Japan Foreign Bond investment datas. Yesterday EURUSD pair forced 1.3136 level with horizontal movement. Today EURUSD pair moving on the 1.3135 level. If in this day 1.3104 level supported can be forced 1.3150 resistance level. Over breaking 1.3150 resistance level breaks can be seen 1.3200- 1.3250 resistance levels. If 1.3250 resistance level breaks can be targeted 1.3300 resistance level. Today if 1.3104 support level breaks can be forced 1.3050 support level. Under breaking 1.3050 support level can be seen 1.3000-1.2980 support levels with selling pressure.



GBPUSD



Today in UK side Markit Services PMI data will be released. Yesterday GBPUSD pair fell down to 1.6466 level with selling pressure. Today cable moving on the 1.6474 level. If in this day 1.6460 level supported reaction buying can be forced 1.65 resistance level. Over breaking 1.65 resistance level can be seen 1.6560- 1.6660 resistance levels. If today 1.6460 support level breaks can be forced 1.6415 supoport level. Under breaking 1.6415 support level can be seen 1.6360 -1.6315 support levels with selling pressure.

GOLD



Yesterday gold price fell down to 1262 dolar level with selling pressure. Today gold price moving on the 1266 dolar level. If in this day 1260 level supported reaction buying can be forced 1270-1275 resistance levels. Over breaking 1275 resistance level can be seen 1280-1285 resistance levels. If 1285 resistance level breaks can be targeted 1295-1315 resistance levels under the downward trend channel.Today if 1260 support level breaks can be forced 1255 support level. Under breaking 1255 support level can be seen 1245-1240 support levels. If 1240 support level breaks can be targeted 1225 support level with selling pressure.

Wednesday, 03 Sep, 2014 / 8:07

Source : http://www.gkfx.com/EN/daily-analysis

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