Daily Report - 13 Apr 2017


End of Day Technical Analysis Report for:

EURUSD, GBPUSD, AUDUSD, USDJPY and GOLD



► EUR/USD: Price closes above the 8 ema. 1.0670 and 50 sma acting as confluent resistance now. We turn neutral here.
Technical Recommendation: Stand aside
                                                                 EURUSD - Daily

GBP/USD: 1.2555 resistancereached as predicted. 200 sma also acting as resistance here. Will price break to the upside?
Technical Recommendation: Price at Key Confluent Resistance. Stand aside
                                                                 GBPUSD - Daily
                                                                                                                 Back to Top

► AUD/USD: Price bounced strongly off 0.7500 support in the end. We are now at key confluent resistance. Best to watch and see what happens here.
Technical Recommendation: Stand aside.
                                                                 AUDUSD - Daily
                                                                                          Back to Top

► USDJPY: our STTS Short in this pair hit our target today for +370 pips profit and 4.6 x Risk.
Technical Recommendation: Traget hit for +370 pips profit (4.6 x Risk). Re-assessing
                                                                  USDJPY - Daily
                                                                                                                             Back to Top

GOLD: following the upside breakout of 1260 resistance in the last couple of sessions, Gold is heading towards our targets. We remain STTS Long.
Technical Recommendation: We are Long. Position +310 pips in profit
                                                               XAUUSD - Daily
                                                               XAUUSD - Weekly

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