Technical view 29.10.2014 (10.30) XAUUSD: Gold still - TopicsExpress



          

Technical view 29.10.2014 (10.30) XAUUSD: Gold still caps in a range move of 1220-1236 levels, a resistance of 1234-1236 level is still a bullish trigger. Wait-and-see for break out or trading in range. Focus in FOMC meeting tonight. mql5/en/charts/2555494/xauusd-h4-mpf-global-markets?bind=1 Resistances : R1 = 1234-1236 R2 = 1243-1245 R3 = 1255-1258 Supports: S1 = 1220-1222 S2 = 1210 S3 = 1200-1205 Oil: Oil beaten a bullish trigger as expected, however, it has to beat a resistance of 82.20-82.40 levels for clearly its bearish sentiment and start its rebound phase. Bias buy, keep holding buy or buy on dips. Stop loss below 81.20 or 81.00 levels. Focus in Crude inventory and FOMC meeting tonight. mql5/en/charts/2555523/oil-h4-mpf-global-markets Resistances : R1 = 82.20-82.40 R2 = 83.30-83.40 R3 = 84.00 Supports S1 = 81.00 S2 = 80.00-80.30 S3 = 79.40 EURUSD: EURUSD continues its rebound range as expected. Bias buy, keep holding buy or wait to buy on dips. Watching resistance of 1.2780 levels, stop loss is trailing to be below 1.2720 or 1.2700. Focus in FOMC meeting tonight. mql5/en/charts/2555562/eurusd-h4-mpf-global-markets Resistances : R1 = 1.2780 R2 = 1.2840 R3 = 1.2930 Supports: S1 = 1.2720 S2 = 1.2690-1.2700 S3 = 1.2660 GBPUSD: GBPUSD has a nice upward movement, however, it caps at a resistance of 1.6185 level. Bias buy, keep holding buy and buy on dips. Stop loss is below 1.6100 or 1.6080 levels. Focus in FOMC meeting tonight. mql5/en/charts/2555570/gbpusd-h4-mpf-global-markets Resistances : R1 = 1.6185 R2 = 1.61230 R3 = 1.6280 Supports: S1 = 1.6100 S2 = 1.6085 S3 = 1.6040 USDJPY: USDJPY stayed firm above a support of 107.50 level and it traded above 108.00 level again after a good in US consumer confidence last night. Bias buy or wait-and-see for break out. Focus in FOMC meeting tonight. mql5/en/charts/2555586/usdjpy-h1-mpf-global-markets Resistances : R1 = 108.35 R2 = 108.70 R3 = 109.20 Supports: S1 = 107.70-107.90 S2 = 107.50 S3 = 107.00 AUDUSD: AUDUSD start its new upward movement as expected, it beaten a resistance of 0.8830 level and now has chance to test the next resistance of 0.8900 level. Bias buy, keep holding buy. Stop loss is trailing to be below 0.8840 or 0.8820 levels. mql5/en/charts/2555593/audusd-h4-mpf-global-markets Resistances : R1 = 0.8900 R2 = 0.8950 R3 = 0.9000 Supports: S1 = 0.8840 S2 = 0.8790 S3 = 0.8760
Posted on: Wed, 29 Oct 2014 04:01:50 +0000

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