Daily Report - 3 Apr 2017


End of Day Technical Analysis Report for:

EURUSD, GBPUSD, AUDUSD, USDJPY and GOLD



► EUR/USD: a momentary stall in the recent fall at 50sma dynamic support. We may see a bounce from here but we would be sellers into it. See our Weekly Bonus Video.
Technical Recommendation: Looking to Short higher up
                                                                 EURUSD - Daily

GBP/USD: Sterling today backed off 1.2550 resistance again. We expect further downside to retest 1.2400 support.
Technical Recommendation: Further downside likely
                                                                 GBPUSD - Daily
                                                                                                                 Back to Top

► AUD/USD: price likely to break 0.7600 support as today we close well below all the averages. 200 sma the first likely target
Technical Recommendation: Look for a break of 0.7600 support.
                                                                 AUDUSD - Daily
                                                                                          Back to Top

► USDJPY: our STTS Short is looking great once again as price met with selling at 111.80 area. See our Weekly Bonus Video. We remain Short.
Technical Recommendation: We are Short. Position +160 pips in profit
                                                                  USDJPY - Daily
                                                              USDJPY - Weekly
                                                                Back to Top

GOLD: Gold is stuck between the 1200-1260 channel and we are near its top. Even after today's buying we cannot go Long as static resistance is high at 1260$. We still think a retracement is likely from these levels. See our Weekly Bonus Video.
Technical Recommendation: Look for a retracement
                                                               XAUUSD - Daily

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