Daily Report - 22 Sep 2016


End of Day Technical Analysis Report for:

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



► EUR/USD: after yesterday's push up, price met with selling at the upper trendline and closed below 1.1220. Price settling in the middle of recent range and not much clue as to next direction.
Technical Recommendation: Stand aside.
                                                                 EURUSD - Daily

GBP/USD: yesterday's bounce saw some follow through today but met with confuent resistance at the 8 ema and 1.3070. Upisde momentarily thwarted but still preference ot the upside.
Technical Recommendation: Looking for the bounce to continue.
                                                                  GBPUSD - Daily

AUD/USD: 0.7645 confirmed as resistance today. Yesterday's push seems to have come to a halt. Possible reversal.
Technical Recommendation: Possible reversal.
                                                                 AUDUSD - Daily
                           Back to Top

► USDJPY: key suppport area 99.65-100.30 acted as support today. Possible reversal
Technical Recommendation: Possible reversal.
                                                                 USDJPY - Daily

GOLD: upper trendline acted as strong resistance today. We could see a downward rotation here.
Technical Recommendation: Stand aside. Preference to the downside
                                                               XAUUSD - Daily

► SP500: the push towards 2190 continued today. We remain bullish.
Technical Recommendation: Look for price to reach 2190.
                                                               SP500 - Daily

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