Daily Report - 2 Mar 2017


End of Day Technical Analysis Report for:

EURUSD, GBPUSD, AUDUSD, USDJPY and GOLD



► EUR/USD: price hading towards support of 1.0375-1.0460.
Technical Recommendation: Further downside likely.
                                                                 EURUSD - Daily

GBP/USD:haeding towards bottom of wide long term channel (1.20-1.27).
Technical Recommendation: Look to be Short.
                                                                 GBPUSD - Daily
                                                                                                                 Back to Top

► AUD/USD: a substantial retracement is likely, especially if the 50/200 smas do not hold as support.
Technical Recommendation: Look for a retracement.
                                                                 AUDUSD - Daily
                                                                                          Back to Top

► USDJPY: market lifting off 111.70 and 38.2 Fib confluent support this week. Close above the 50 sma today. Should be looking to go Long.
Technical Recommendation: Look to go Long.
                                                                  USDJPY - Daily
                                                                Back to Top

GOLD: market reacting to 200 sma resistance, looks like retracing from here so should be Short.
Technical Recommendation: Should Be Short.
                                                               XAUUSD - Daily

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