Trading news

Daily Analysis 25/08/2014

EURUSD

Today market focus in U.S Chicago Fed National  Activity index, Market Services PMI, New Home Sales Change, Dallas Fed Manufacturing Business index, 3-6 Month Bill Auction datas. Friday EURUSD fell down to 1.3220 level with selling pressurre. Today EURUSD pair moving on the 1.3197 level. If in this day 1.3185 level supported reaction buying can be forced 1.3215-1.3250 resistance levels. Over breaking 1.3250 resistance level can be seen 1.3300-1.3350 resistance levels. Today if 1.3185 support level breaks can be forced 1.3150 support level. Under breaking 1.3150 support level can be seen 1.3100-1.3050 support levels with selling pressure.



GBPUSD

Today in UK Summer Bank Holiday. Friday GBPUSD pair forced 1.6560 support level with thin selling pressure. Today cable moving on the 1.6567 level. If in this day 1.6560 support level breaks can be forced 1.65 support levels. Under breaking 1.65 support level can be seen 1.6435-1.6390 support levels with selling pressure. If today 1.6560 level supported can be forced 1.6600 resistance level. Over breaking 1.6600 resistance level can be seen 1.6660-1.6715 resistance levels. If 1.6715 resistance level breaks can be targeted 1.6800 resistance level.

GOLD

Today U.S Market Services PMI, New Home Sales Change, Dallas Fed Manufacturing Business index datas important for the gold price. Friday gold price forced 1282 dolar level with thin purchases. Today gold price moving on the 1277 dolar level. If in this day 1275 dolar level supported can be forced 1280-1285 resistance levels. Over breaking 1285 resistance level can be seen 1295-1315 resistance levels. If 1315 resistance level breaks can be targeted 1335 resistance level. Today if 1275 support level  breaks can be forced 1270-1265 support levels on the upward trend area. Under breaking 1265 support level breaks can be seen 1255-1240 support levels with selling pressure.



Monday, 25 Aug, 2014 / 7:46

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

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