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Daily Market Our View 16/02/2016

EUR/USD

Short position below 1.1255. Target 1.1075. Conversely, break above 1.1255, to open 1.13.

Comments: The pair remains under pressure. Further weakness favored.

GBP/USD

Short position below 1.4535. Target 1.44. Conversely, break above 1.4535, to open 1.4575.

Comments: The pair breaks below support.

JPY/USD

Long position above 113. Target 115.15. Conversely, break below 113, to open 112.35.

Comments: The pair remains supported. Further advance favored.

Gold

Short position below 1222. Target 1187. Conversely, break above 1222, to open 1235.

Comments: The pair remains under pressure. Further weakness favored.

Crude Oil

Long position above 29.5. Target 31.4. Conversely, break below 29.5, to open 28.3.

Comments: The pair remains supported. Further advance favored.

Dow Jones

Long position above 15865. Target 16200. Conversely, break below 15865, to open 15690.

Comments: The pair remains supported. Further advance favored

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2 Comments

  1. Rashid says:

    This is better website.

    Liked by 1 person

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