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Home » Our View » Daily Market Our View 25/02/2016

Daily Market Our View 25/02/2016

EUR/USD

Short position below 1.125. Target 1.0845. Conversely, break above 1.125, to open 1.137.

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

GBP/USD

Short position below 1.43. Target 1.368. Conversely, break above 1.43, to open 1.4665.

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

USD/JPY

Our View: Long position above 111.8. Target 112.7. Conversely, break below 111.8, to open 111.3.

Comments: The pair remains supported. Further advance favored.

AUD/USD

Long position above 0.697. Target 0.7385. Conversely, break below 0.697, to open 0.682.

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

GOLD

Long position above 1180. Target 1265. Conversely, break below 1180, to open 1155.

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

Crude Oil

Long position above 30.53. Target 33. Conversely, break below 30.53, to open 29.8.

Comments: The pair remains supported. Further advance favored.

Dow Jones

Short position below 16650. Target 16140. Conversely, break above 16650, to open 16720.

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

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