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Daily Market Our View 08/04/2016

EUR/USD

Short position below 1.1405. Target 1.1325. Conversely, break above 1.1405, to open 1.1435.

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

GBP/USD

Short position below 1.417. Target 1.4005. Conversely, break above 1.417, to open 1.4245.

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

USD/JPY

Short position below 109.3. Target 107.5. Conversely, break above 109.3, to open 109.9.

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

AUD/USD

Short position below 0.7585. Target 0.7475. Conversely, break above 0.7585, to open 0.7635.

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

GOLD

Long position above 1227. Target 1244. Conversely, break below 1227, to open 1223.

Comments: The pair remains supported. Further advance favored.

CRUDE OIL

Long position above 36.55. Target 38. Conversely, break below 36.55, to open 36.9.

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

DOW JONES

Short position below 17650. Target 17400. Conversely, break above 17650, to open 17700.

Comments: The pair breaks below support.

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