TECHNICAL's IN FOCUS
Gold:
Resistance Levels:
$ 1585.10 - $ 1593.20 - $ 1603.00
Support Levels:
$ 1567.20 - $ 1557.40 - $ 1549.30
Strategy:
Sell on Strength
Sell below $1584 targeting $1552. A break above $1584 will call for $1600.
Unemployment Claims @ 1730, Import Prices @ 1730, Federal Budget Balance @ 2300 (GMT + 5)
Silver:
Resistance Levels:
$ 27.313 - $ 27.517 - $ 27.793
Support Levels:
$ 26.833 - $ 26.557 - $ 25.353
Strategy:
Sell on Strength
Sell below $27.20 targeting $26.30. A break above $27.20 will call for $27.70.
Crude Oil:
Resistance Levels:
$ 87.03 - $ 88.03 - $ 89.56
Support Levels:
$ 84.60 - $ 83.07 - $ 82.12
Strategy:
Sell on Strength
Sell Below $86.50 targeting $83.20. A break above $86.50 will call for $87.70.
CURRENCIES:
AUDUSD :
Resistance Levels:
$ 1.0293 - $ 1.0338 - $ 1.0395
Support Levels:
$ 1.0191 - $ 1.0134 - $ 1.0089
Strategy:
Sell on Strength
GBPUSD :
Resistance Levels:
$ 1.5556- $ 1.5613 - $ 1.5648
Support Levels:
$ 1.5464 - $ 1.5429 - $ 1.5372
Strategy:
Buy on Dips
10-yr Bond Auction today!
EURUSD :
Resistance Levels:
$ 1.2285 - $ 1.2333 - $ 1.2370
Support Levels:
$ 1.2200 - $ 1.2163 - $ 1.2115
Strategy:
Buy on Dips
ECB Monthly Bulletin @ 1300, Industrial Production @ 1400, Draghi Speaks @ 1700 (GMT + 5)