Daily Report - 14 Mar 2017


End of Day Technical Analysis Report for:

EURUSD, GBPUSD, AUDUSD, USDJPY and GOLD



► EUR/USD: Euro backing off Friday's high. After repeated bullish candle signals at 1.0500 support we have to be bullish short term so we are looking for Buy signals in this area, expecting a push towards 1.0820 resistance.
Technical Recommendation: Looking to go Long.
                                                                 EURUSD - Daily

GBP/USD: Sterling still bearish and in our opinion set to resume its path towards 1.20 at which point Shorts should cover and look to go Long.
Technical Recommendation: Market to reach 1.2000.
                                                                 GBPUSD - Daily
                                                                                                                 Back to Top

► AUD/USD: we went STTS Short in the Aussie earlier last week. Market bounced back to our in-cost in last few sessions but we remain short following the weekly chart which is bearish.
Technical Recommendation: We are Short. Position @themoney.
                                                                 AUDUSD - Daily
                                                                                          Back to Top

► USDJPY: price remains capped in our opinion at 115.00 static support. If price breaks 8 ema dynamic support we coudl see a pull back.
Technical Recommendation: Stand aside. Possible pull back
                                                                  USDJPY - Daily
                                                                Back to Top

GOLD: still STTS Short in Gold. Market close to target. We are moving T1 from 1188 to 1182 and will trail the Stop on the remainder.
Technical Recommendation: We are Short. Position +365 pips in profit! Moving T1
                                                               XAUUSD - Daily

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