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Daily Market Our View 29/04/2016

EUR/USD

Long position above 1.129. Target 1.14. Conversely, break below 1.129, to open 1.1255.

Comments: The pair remains supported. Further advance favored.

GBP/USD

Long position above 1.452. Target 1.467. Conversely, break below 1.452, to open 1.4465.

Comments: The pair remains supported. Further advance favored.

USD/JPY

Short position below 108.75. Target 106.4. Conversely, break above 108.75, to open 109.9.

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

AUD/USD

Short position below 0.769. Target 0.753. Conversely, break above 0.769, to open 0.772.

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

GOLD

Long position above 1264. Target 1287. Conversely, break below 1264, to open 1260.

Comments: The pair remains supported. Further advance favored.

CRUDE OIL

Long position above 44.45. Target 46.35. Conversely, break below 44.45, to open 43.75.

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

DOW JONES

Short position below 17960. Target 17690. Conversely, break above 17960, to open 18010.

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

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