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Daily Market Our View 23/02/2016

EUR/USD

Short position below 1.109. Target 1.0965. Conversely, break above 1.109, to open 1.112.

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

GBP/USD

Short position below 1.4245. Target 1.4. Conversely, break above 1.4245, to open 1.4305.

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

USD/JPY

Short position below 112.7. Target 111.65. Conversely, break above 112.7, to open 113.35.

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

GOLD

Long position above 1201. Target 1226. Conversely, break below 1201, to open 1191.

Comments: The pair remains supported. Further advance favored.

Crude Oil

Long position above 32.5. Target 34.2. Conversely, break below 32.5, to open 31.9.

Comments: The pair remains supported. Further advance favored.

DOW JONES

Long position above 16370. Target 16640. Conversely, break below 16370, to open 16310.

Comments: The pair remains supported. Further advance favored.

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