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Daily Market Our View 17/03/2016

EUR/USD

Long position above 1.108. Target 1.1258. Conversely, break below 1.108, to open 1.1055.

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

GBP/USD

Long position above 1.407. Target 1.4288. Conversely, break below 1.407, to open 1.4015.

Comments: The pair breaks above the resistance.

USD/JPY

Short position below 113.7. Target 112.2. Conversely, break above 113.7, to open 114.1.

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

AUD/USD

Long position above 0.752. Target 0.763. Conversely, break below 0.752, to open 0.7475.

Comments: The pair remains supported. Further advance favored.

GOLD

Long position above 1231. Target 1269. Conversely, break below 1231, to open 1224.

Comments: The pair breaks above the resistance.

CRUDE OIL

Long position above 37.45. Target 39.6. Conversely, break below 37.45, to open 36.65.

Comments: The pair remains supported. Further advance favored.

DOW JONES

Long position above 17125. Target 17450. Conversely, break below 17125, to open 17020.

Comments: The pair remains supported. Further advance favored.

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