Daily Report - 21 Sep 2016


End of Day Technical Analysis Report for:

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



► EUR/USD: 1.1140 spport came under attack today but it held and price bounced strongly off it. This is an opportunity to go Long
Technical Recommendation: Looking to go Long.
                                                                 EURUSD - Daily

GBP/USD: price did not fully enter confluent support area 1.2850-1.2950 as we had envisaged but it did touch it, with today's low at 1.2945. We may see the envisaged bounce directly from here.
Technical Recommendation: Looking for a bounce.
                                                                  GBPUSD - Daily

AUD/USD: price easily broke through dynamic resistance at the 20/50 sma's. We have to turn bullish.
Technical Recommendation: Look to go Long on any pull back.
                                                                 AUDUSD - Daily
                           Back to Top

► USDJPY: price broke the recent range 101.60 and 102.70 today and is now approaching the key suppport area 99.65-100.30. We missed going Short so now we have to stand aside and re-assess.
Technical Recommendation: Stand aside.
                                                                 USDJPY - Daily

GOLD: 1300 was never tested as today we saw a string showing. We trun bullish but after such a strong move and with key resistance not far away we can only stand aside.
Technical Recommendation: Stand aside.
                                                               XAUUSD - Daily

► SP500: 2150 resistance broken. Price now at the mother candle high from last week. We shoudl see a push toweards 2190 again.
Technical Recommendation: Bullish.
                                                               SP500 - Daily

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