Trading news

Trading Analysis 27th June 2012

Gold:
Resistance Levels:
$ 1584.6 - $ 1596.6 - $ 1604.8

Support Levels:
$ 1564.4 - $ 1556.2 - $ 1544.2

Strategy:
Sell on Strength

Sell below 1592 targeting 1530. A break above 1590 will call for 1621.  A break above 1590 will call for 1621. A break above 1590 will call for 1621.

 

Pending Home Sales @ 1900, Durable Goods Orders @ 1730, Core Durable Goods Orders  @1730 (GMT + 5)

Silver:
Resistance Levels:
$ 27.422 - $ 27.838 - $ 28.182


Support Levels:
$ 26.662 - $ 26.318 - $ 25.902

Strategy:
Sell on Strength

Sell below 27.70 targeting 26.30. A break above 27.70 will call for 28.60.

 

Crude Oil:
Resistance Levels:
$ 79.99 - $ 80.49 - $ 81.31

Support Levels:
$ 78.67 - $ 77.85 - $ 77.35

Strategy:
Sell on Strength

Sell below 81.00 targeting 77.00. A break above 81.00 will call for 83.00.

 

 Crude Oil Inventories @ 1930 (GMT + 5)

CURRENCIES:

AUDUSD :
Resistance Levels:
$ 1.0098 - $ 1.0134 - $ 1.0184

Support Levels:
$ 1.0012 - $ 0.9962 - $ 0.9826

Strategy:
Sell on Strength

 

GBPUSD :
Resistance Levels:

$ 1.5672- $ 1.5704 - $ 1.5759

Support Levels:

$ 1.5585 - $ 1.5530 - $ 1.5498

Strategy:
Sell on Strength

CBI Realized Sales @ 1500, BBA Mortgage Approvals @ 1330 (GMT + 5)

EURUSD :
Resistance Levels:

$ 1.2532 - $ 1.2575 - $ 1.2620

Support Levels:
$ 1.2444 - $ 1.2399 - $ 1.2356

Strategy:
Sell on Strength

German Prelim CPI All Day

Wednesday, 27 Jun, 2012 / 3:08

Source : http://www.acmgold.com/news-analysis

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