Daily Report - 1 Nov 2016


End of Day Technical Analysis Report for:

EURUSD, GBPUSD, AUDUSD, USDJPY
GOLD, SP500 and DAX30



► EUR/USD: for our technical analysis please watch Sunday's Weekly Bonus Video.
Technical Recommendation: Price at Key Resistance. Stand aside.
                                                                 EURUSD - Daily

GBP/USD: price still stagnating. Trading inside 11th October candle which is itself an inside candle to the Flash Crash candle of 7th October. We do want to go Long at some stage.
Technical Recommendation: Looking to go Long.
                                                             GBPUSD - Daily

► AUD/USD: as we have been discussing, there is strong resistance at 0.7734. We favour the downside from these levels.
Technical Recommendation: Looking to go Short.
                                                                 AUDUSD - Weekly
                           Back to Top

► USDJPY: for our technical analysis please watch Sunday's Weekly Bonus Video.
Technical Recommendation: We are Long. Position +17 pips in profit.
                                                                 USDJPY - Weekly

GOLD: for our technical analysis please watch Sunday's Weekly Bonus Video.
Technical Recommendation: We are Long. Position +220 pips in profit.
                                                             XAUUSD - Daily

► SP5000: price hovering above 2125 support but meeting with selling at the EMA layer. Next level to be tested could be 2115 but we are staying out of this market so close to the election
Technical Recommendation: 2125 support reached. Possible extension to test 2115
                                                              SP500 - Daily

► DAX30: the last couple of sessions has seen the 20 sma acting as dynamic support, but today's candle looks like testting it again. If we see a close below it at NY close today we may see a significant push to the downside.
Technical Recommendation: Should be Short.
                                                               DAX30 - Daily

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