TECHNICAL's IN FOCUS
Gold:
Resistance Levels:
$ 1653.4 - $ 1683.2 - $ 1736.8
Support Levels:
$ 1570.0 - $ 1516.4 - $ 1486.6
Strategy:
Buy on dips
Buy above 1598. Target 1650. A fall below 1598 might call for 1580.
Silver:
Resistance Levels:
$ 29.07 - $ 29.64 - $ 30.57
Support Levels:
$ 27.57 - $ 26.64 - $ 26.07
Strategy:
Sell on Strength
Short below 28.83. Target 27.57. A break above 28.83 might call for 29.64
Factory Orders @2000(GMT+5)hours.
Crude Oil:
Resistance Levels:
$ 85.80 - $ 88.34 - $ 90.10
Support Levels:
$ 81.50 - $ 79.74 - $ 77.20
Strategy:
Sell on Strength
Short below 83.06. Target 79.42. A break above 83.06 might call for 86.11
CURRENCIES:
EURUSD :
Resistance Levels:
$ 1.2496 - $ 1.2563 - $ 1.2668
Support Levels:
$ 1.2324 - $ 1.2219 - $ 1.2152
Strategy:
Sell on Strength
Sentix Investor Confidence @1430(GMT+5)hours.
GBPUSD :
Resistance Levels:
$ 1.5439 - $ 1.5524 - $ 1.5610
Support Levels:
$ 1.5268 - $ 1.5182 - $ 1.5097
Strategy:
Sell on Strength
AUDUSD :
Resistance Levels:
$ 0.9759 - $ 0.9821 - $ 0.9911
Support Levels:
$ 0.9607 - $ 0.9517 - $ 0.9455
Strategy:
Sell on Strength