TECHNICAL's IN FOCUS
Gold:
Resistance Levels:
$ 1591.3 - $ 1601.1 - $ 1610.7
Support Levels:
$ 1571.9- $ 1562.3 - $ 1552.5
Strategy:
Neutral
Good level to buy is $1560.
Good level to sell is $1598.
Euro Group Meetings All Day!
Silver:
Resistance Levels:
$ 27.500 - $ 27.775 - $ 27.975
Support Levels:
$ 27.025 - $ 26.825 - $ 26.550
Strategy:
Sell on Strength
Sell below $26.90 targeting $27.80. A break above $27.80 will call for $28.80.
Crude Oil:
Resistance Levels:
$ 93.88 - $ 95.11 - $ 96.97
Support Levels:
$ 90.79 - $ 88.93 - $ 87.70
Strategy:
Sell on Strength
Sell below $92.92 targeting $90.92. A break above $92.92 will call for $94.32.
CURRENCIES:
AUDUSD :
Resistance Levels:
$ 1.0461 - $ 1.0496 - $ 1.0548
Support Levels:
$ 1.0374 - $ 1.0322 - $ 1.0287
Strategy:
Sell on Strength
GBPUSD :
Resistance Levels:
$ 1.5761- $ 1.5800 - $ 1.5862
Support Levels:
$ 1.5660 - $ 1.5598 - $ 1.5559
Strategy:
Sell on Strength
Public Sector Net Borrowing @ 1400 (GMT + 5)
EURUSD :
Resistance Levels:
$ 1.2327 - $ 1.2373 - $ 1.2423
Support Levels:
$ 1.2231 - $ 1.2181 - $ 1.2135
Strategy:
Sell on Strength