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Daily Market Our View 05/04/2016

EUR/USD

Long position above 1.134. Target 1.1435. Conversely, break below 1.134, to open 1.131.

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

GBP/USD

Short position below 1.4325. Target 1.4165. Conversely, break above 1.4325, to open 1.437.

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

USD/JPY

Short position below 111.4. Target 110.65. Conversely, break above 111.4, to open 111.75.

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

AUD/USD

Short position below 0.7645. Target 0.7565. Conversely, break above 0.7645, to open 0.768.

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

GOLD

Long position above 1209. Target 1229. Conversely, break below 1209, to open 1202.

Comments: The pair remains supported. Further advance favored.

CRUDE OIL

Short position below 37.25. Target 34.5. Conversely, break above 37.25, to open 38.4.

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

DOW JONES

Short position below 17760. Target 17570. Conversely, break above 17760, to open 17900.

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

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