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Daily Market Our View 09/03/2016

EUR/USD

Short position below 1.101. Target 1.0945. Conversely, break above 1.101, to open 1.106.

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

GBP/USD

Short position below 1.4275. Target 1.413. Conversely, break above 1.4275, to open 1.4335.

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

USD/JPY

Short position below 113.25. Target 112.1. Conversely, break above 113.25, to open 113.5.

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

GOLD

Short position below 1270. Target 1250. Conversely, break above 1270, to open 1278.

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

CRUDE OIL

Long position above 36.05. Target 37.4. Conversely, break below 36.05, to open 35.3.

Comments: The pair remains supported. Further advance favored.

DOW JONES

Short position below 17080. Target 16910. Conversely, break above 17080, to open 17150.

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

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