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Daily Analysis 04/09/2014

EURUSD

Today market focus in Euro zone ECB Interst Rate Decision, ECB Monetary policy statement and press conference, in U.S Intial Jobless Claims, Continuing Jobless Claims, Trade Balance, ISM Non Manufacturing PMI, FOMC Member Mester speech, in UK BOE Interst Rate Decision ,BOE Monetary Policy Statement datas. Yesterday EURUSD pair forced 1.3159 level with thin purchases. Today EURUSD pair moving on the 1.3142 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 BOE Interst Rate Decision ,BOE Monetary Policy Statement,  BOE Asset Purchase Facility datas important. Yesterday GBPUSD pair forced 1.6438 level with thin selling pressure. Today cable moving on the 1.6461 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



Today U.S ISM Non-Manufacturing PMI data important for the gold price. Yesterday gold price forced 1271 dolar level with reaction buying. Today gold price moving on the 1269 dolar level. If in this day 1265 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 1265 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.

 

Thursday, 04 Sep, 2014 / 7:09

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

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