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Daily Market Our View 22/04/2016

EUR/USD

Short position below 1.14. Target 1.1245. Conversely, break above 1.14, to open 1.143.

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

GBP/USD

Short position below 1.439. Target 1.4295. Conversely, break above 1.439, to open 1.444.

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

USD/JPY

Long position above 109.15. Target 110.15. Conversely, break below 109.15, to open 108.75.

Comments: The pair remains supported. Further advance favored.

AUD/USD

Short position below 0.7795. Target 0.7705. Conversely, break above 0.7795, to open 0.7845.

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

GOLD

Short position below 1258. Target 1242. Conversely, break above 1258, to open 1270.

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

CRUDE OIL

Long position above 42.5. Target 45. Conversely, break below 42.5, to open 42.

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

DOW JONSE

Short position below 18015. Target 17800. Conversely, break above 18015, to open 18080.

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

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