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Home » Our View » Daily Market Our View 29/02/2016

Daily Market Our View 29/02/2016

EUR/USD

Short position below 1.103. Target 1.09. Conversely, break above 1.103, to open 1.1065.

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

GBP/USD

Short position below 1.395. Target 1.3825. Conversely, break above 1.395, to open 1.399.

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

USD/JPY

Long position above 112.85. Target 114. Conversely, break below 112.85, to open 112.5.

Comments: The pair remains supported. Further advance favored.

GOLD

Short position below 1240. Target 1207. Conversely, break above 1240, to open 1254.

Comments: The pair breaks below support.

Crude Oil

Long position above 32.15. Target 35. Conversely, break below 32.15, to open 31.05.

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

Dow Jones

Long position above 16425. Target 16880. Conversely, break below 16425, to open 16250.

Comments: The pair remains supported. Further advance favored.

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