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Daily Market Our View 07/04/2016

EUR/USD

Long position above 1.1365. Target 1.1435. Conversely, break below 1.1365, to open 1.1325.

Comments: The pair remains supported. Further advance favored.

GBP/USD

Short position below 1.417. Target 1.408. Conversely, break above 1.417, to open 1.4245.

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

USD/JPY

Short position below 110.5. Target 109. Conversely, break above 110.5, to open 111.05.

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

AUD/USD

Long position above 0.7555. Target 0.7645. Conversely, break below 0.7555, to open 0.753.

Comments: The pair remains supported. Further advance favored.

GOLD

Short position below 1232. Target 1214. Conversely, break above 1232, to open 1238.

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

CRUDE OIL

Long position above 36.5. Target 38.4. Conversely, break below 36.5, to open 35.9.

Comments: The pair remains supported. Further advance favored.

DOW JONES

Long position above 17530. Target 17650. Conversely, break below 17530, to open 17470.

Comments: The pair remains supported. Further advance favored.

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