Daily Report - 28 June 2016


End of Day Technical Analysis Report for:

EURUSD, GBPUSD, AUDUSD, USDJPY
, GOLD, and SP500



► EUR/USD: market unsurprisingly chopping around amongst total uncertainty after Brexit. With 1.1100 retested as resistance, a shorting opportunity could be in the offing.
Technical Recommendation: Look to be Short.
                                                                EURUSD - Daily
                                                              EURUSD - Weekly

GBP/USD: we are looking for a retracement to sell into.  Not enough yet.
Technical Recommendation: Look to be Short.
                                                               GBPUSD - Daily
                                                             GBPUSD - Weekly

AUD/USD: market pull back to 0.7380 today which seems to have acted as support for today once more. We are Long so we hope the market will rotate to the upside from here.
Technical Recommendation: We are Long.
                                                                 AUDUSD - Daily
                                                               AUDUSD - Weekly
                           Back to Top

► USDJPY: we expect this pair to retrace back to 105.25 level which is where we will be looking for any selling signals. A short term Long against the trend could be an option.
Technical Recommendation: Look for price to retrace to 105.25.
                                                                 USDJPY - Daily
                                                               USDJPY - Weekly

GOLD: price retracing towards 1300 which should act as support. We went Long on Monday but may have been premature.
Technical Recommendation: We are Long.
                                                               XAUUSD - Daily
                                                            XAUUSD - Weekly

► SP500: a retracement to 2035-2040 resistance. Look for Shorting signals from here.
Technical Recommendation: Look to be Short.
                                                               SP500 - Daily
                                                            SP500 - Weekly

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