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Home » Our View » Daily Market Our View 24/02/2016

Daily Market Our View 24/02/2016

EUR/USD

Short position below 1.1065. Target 1.0965. Conversely, break above 1.1065, to open 1.112.

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

GBP/USD

Short position below 1.408. Target 1.392. Conversely, break above 1.408, to open 1.417.

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

USD/JPY

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

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

GOLD

Long position above 1207. Target 1234. Conversely, break below 1207, to open 1201.

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

Crude Oil

Short position below 32.5. Target 30.7. Conversely, break above 32.5, to open 33.55.

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

Dow Jones

Short position below 16675. Target 16300. Conversely, break above 16675, to open 17000.

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

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