Daily Report - 3 October 2017


End of Day Technical Analysis Report for:

EURUSD, GBPUSD, AUDUSD and GOLD



► EUR/USD: market undergoing major correction in our opinion and likely to be re-testing 38.2 and 50 Fib levels between 1.1200 and 1.1400 so we are looking to be Short ideally on a pull back to the 1.1800 area.
Technical Recommendation: Looking to get Short higher up.
                                                                 EURUSD - Daily

GBP/USD: we think this pair is likely to edge further down to test the 1.3175-1.3225 area of support where we will be looking for signals to go Long.
Technical Recommendation: Looking to go Long at 50 Fib level
                                                                 GBPUSD - Daily
                                                                                                                Back to Top

► AUD/USD: Price gravitating towards 200 sma and 50 Fib around 0.7700. We will look for shortimng opportunities on any upward push.
Technical Recommendation: Looking for shorting opportunities higher up
                                                                 AUDUSD - Daily
                                                                                          Back to Top

GOLD: market likely to reach 200 sma in 1260 area where we will be looking for buying opportunities.
Technical Recommendation: Looking to go Long around 1260$.
                                                               XAUUSD - Daily

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