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Home » Our View » Daily Market Our View 22/02/2016

Daily Market Our View 22/02/2016

EUR/USD

Short position below 1.115. Target 1.1055. Conversely, break above 1.115, to open 1.119.

Comments: The pair is expected to resume descend after correction.

GBP/USD

Short position below 1.44. Target 1.4225. Conversely, break above 1.44, to open 1.4455.

Comments: The pair is expected to resume descend after correction.

USD/JPY

Short position below 113.65. Target 111.65. Conversely, break above 113.65, to open 114.5.

Comments: The pair is expected to resume descend after correction.

GOLD

Long position above 1220. Target 1239. Conversely, break below 1220, to open 1214.

Comments: The pair remains supported. Further advance favored.

CRUDE OIL

Short position below 32.5. Target 30.8. Conversely, break above 32.5, to open 34.

Comments: The pair breaks below support.

DOW JONES

Long position above 16235. Target 16510. Conversely, break below 16235, to open 16075.

Comments: The pair is expected to resume advance after correction.

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