Technical view 03.11.2014 (10.30) XAUUSD: Gold is testing a support of 1160 level again this morning, it is still a bearish sentiment. A daily chart still has a series of bearish candlesticks. Bias sell, keep holding sell. Stop loss above 1180 levels. Focus in US economic data tonight. mql5/en/charts/2576620/xauusd-h4-mpf-global-markets?bind=1 Resistances : R1 = 1180-1182 R2 = 1190-1195 R3 = 1205-1207 Supports: S1 = 1157-1160 S2 = 1146 S3 = 1132 Oil: Oil decreased more than expected but it still had a nice rebound from a support of 79.50 level. Price still has chance to continue its rebound range. Wait-and-see or wait to buy on dips. Focus in US economic data tonight. mql5/en/charts/2576627/oil-h1-mpf-global-markets Resistances : R1 = 80.75 R2 = 81.20 R3 = 81.70 Supports S1 = 80.00-80.30 S2 = 79.50 S3 = 79.00 EURUSD: EURUSD continued its downward. Bias sell, keep holding sell, stop loss above 1.2500 or 1.2540 level. Focus in Markit German and Eurozone Manufacturing PMI this afternoon and US economic data tonight. mql5/en/charts/2576634/eurusd-h4-mpf-global-markets Resistances : R1 = 1.2545 R2 = 1.2590-1.2600 R3 = 1.2640-1.2650 Supports: S1 = 1.2440-1.2450 S2 = 1.2400 S3 = 1.2360 GBPUSD: GBPUSD is testing a support of 1.5940 level, however, it is still in a bearish sentiment. Watch a major support of 1.5874 level. Bias sell, focus in Markit UK PMI Manufacturing in the afternoon and US economic data tonight. mql5/en/charts/2576639/gbpusd-h4-mpf-global-markets Resistances : R1 = 1.6030 R2 = 1.6065 R3 = 1.6100 Supports: S1 = 1.5940 S2 = 1.5875 S3 = 1.5830 USDJPY: USDJPY continues its uptrend. Bias buy, keep holding buy. Stop loss below supports of 111.85 or 111.40 levels. Focus in focus in US economic data tonight. mql5/en/charts/2576651/usdjpy-h4-mpf-global-markets Resistances : R1 = 113.40 R2 = 114.00 R3 = 114.60 Supports: S1 = 111.85 S2 = 111.40 S3 = 110.90-111.00 AUDUSD: AUDUSD dropped to test a support of 0.8700 level this morning after worse-than-expected in China non-manufacturing PMI. Price has chance to move in a side way range of 0.8700-0.89000.8700-0.8900 levels. Wait-and-see or trading in range, focus in US economic data tonight. mql5/en/charts/2576660/audusd-h4-mpf-global-markets Resistances : R1 = 0.8760 R2 = 0.8790 R3 = 0.8860 Supports: S1 = 0.8700 S2 = 0.8680 S3 = 0.8650
Posted on: Mon, 03 Nov 2014 05:46:54 +0000