Technical view 07.11.2014 (08.30) XAUUSD: Gold moved in a narrow range of 1138-1149, no any positive sign for now, Gold is in a bearish sentiment from both technical and fundamental. Bias sell, keep holding sell. Stop loss above a bullish trigger of 1155 or 1160 levels. Focus in US Non-farm Payroll and Unemployment tonight. mql5/en/charts/2596981/xauusd-h4-mpf-global-markets?bind=1 Resistances : R1 = 1153 R2 = 1160 R3 = 1175 Supports: S1 = 1132 S2 = 1124 S3 = 1110-1112 Oil: Oil is in a rebound range but price still trade below a bullish trigger level of 79.60. Oil is still in a bearish sentiment. Consider taking profit for short postion, then wait-and-see. Focus in US Job data tonight. mql5/en/charts/2597029/oil-h4-mpf-global-markets Resistances : R1 = 79.60 R2 = 81.20 R3 = 82.20 Supports S1 = 77.65 S2 = 76.00 S3 = 75.60 EURUSD: EURUSD had a big drop lastnight after ECB President Mario Draghi said policy makers are ready to implement further stimulus measures if needed to support the euro-region economy. Price is testing a support of 1.2360 level for now, it has chance to continue its downward movement. EURUSD is in a bearish sentiment from both technical and fundamental factors. Bias sell, stop loss above 1.2400 or 1.2445 levels. Focus in US Job data tonight. mql5/en/charts/2597047/eurusd-h4-mpf-global-markets Resistances : R1 = 1.2400 R2 = 1.2440-1.2450 R3 = 1.2540 Supports: S1 = 1.2360 S2 = 1.2290 S3 = 1.2240 GBPUSD: GBPUSD traded below 1.6000 level all day and it had a big drop after BOE and ECB keep rate at low. Price continues its downward movement, it is testing a support of 1.5830 level for now. Bias sell, wait to sell on rally. Focus in US Non-farm Payroll and Unemployment tonight. mql5/en/charts/2597072/gbpusd-h4-mpf-global-markets Resistances : R1 = 1.5905 R2 = 1.5950 R3 = 1.6030 Supports: S1 = 1. 5830 S2 = 1.5775 S3 = 1.5710 USDJPY: USDJPY is still in a strong uptrend, no significant negative sign yet. Bias buy, keep holding buy. Stop loss moved to be below supports of 114.10 or 113.10 levels. Focus in focus in US Job data tonight. mql5/en/charts/2597089/usdjpy-h4-mpf-global-markets Resistances : R1 = 115. 75 R2 = 116.35 R3 = 117.20 Supports: S1 = 114.85 S2 = 114.10 S3 = 113.10 AUDUSD: AUDUSD continues its downward movement, it has chance to test the next support of 0.8510 level. Bias sell, wait to sell on rally. Stop loss above 0.8650 level. Focus in US Job data tonight. mql5/en/charts/2597102/audusd-h4-mpf-global-markets Resistances : R1 = 0.8650 R2 = 0.8760 R3 = 0.8860 Supports: S1 = 0. 8510 S2 = 0. 8450 S3 = 0.8390
Posted on: Fri, 07 Nov 2014 02:53:31 +0000
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