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Daily Analysis 26/08/2014

EURUSD

Today market focus in U.S Durable Goods Orders, Housing Price index, Redbook index, Housing Price index, S&P/Case- Shiller Home Price indices, Consumer Confidence, Richmond Fed Manufactruing, 4 Week bill auction datas. Yesterday EURUSD pair forced 1.3183 level with thin selling pressure. Today EURUSD pair moving on the 1.3203 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 side BBA Mortgage Approvals data will be released. Yesterday GBPUSD pair forced 1.6594 level with thin purchases.Today cable moving on the 1.6583 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 Durable Goods Orders, Consumer Confidence  datas important for the gold price. Yesterday gold price forced 1274 dolar level with thin selling pressure. Today gold price moving on the 1281 dolar level. If in this day 1280 dolar level supported  reaction buying can be forced 1285-1295 resistance levels. Over breaking 1295 resistance level can be seen 1305-1315 resistance levels. If 1315 resistance level breaks can be targeted 1325-1330 resistance levels. Today if 1280 support level breaks can be forced 1275 support level. Under breaking 1275 support level can be seen 1265-1255 support levels. If 1255 support level breaks can be targeted 1245-1235 resistance levels with selling pressure.



 

Tuesday, 26 Aug, 2014 / 8:16

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

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