Daily Market Our View 11/04/2016

EUR/USD

Long position above 1.135. Target 1.1435. Conversely, break below 1.135, to open 1.1325.

Comments: The pair remains supported. Further advance favored.

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 is expected to resume descend after correction.

AUD/USD

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

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

GOLD

Long position above 1232. Target 1249. Conversely, break below 1232, to open 1226.

Comments: The pair remains supported. Further advance favored.

CRUDE OIL

Long position above 38.25. Target 41.25. Conversely, break below 38.25, to open 37.45.

Comments: The pair remains supported. Further advance favored.

DOW JONES

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

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