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Daily Market Our View 13/04/2016

EUR/USD

Short position below 1.142. Target 1.1325. Conversely, break above 1.142, to open 1.1465.

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

GBP/USD

Short position below 1.43. Target 1.417. Conversely, break above 1.43, to open 1.4345.

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

USD/JPY

Short position below 109.1. Target 107.5. Conversely, break above 109.1, to open 109.9.

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

AUD/USD

Long position above 0.758. Target 0.772. Conversely, break below 0.758, to open 0.7525.

Comments: The pair remains supported. Further advance favored.

GOLD

Long position above 1246. Target 1265. Conversely, break below 1246, to open 1239.

Comments: The pair remains supported. Further advance favored.

CRUDE OIL

Long position above 39.2. Target 42.2. Conversely, break below 39.2, to open 38.25.

Comments: The pair hits resistance and reverses.

DOW JONES

Long position above 17470. Target 17700. Conversely, break below 17470, to open 17440.

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

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