Daily Report - 10 October 2017


End of Day Technical Analysis Report for:

EURUSD, GBPUSD, AUDUSD and GOLD



► EUR/USD: Euro bounced back to confluent resistance where we believe it will rotate to the downside again..
Technical Recommendation: Look to Short
                                                                 EURUSD - Daily

GBP/USD: price pulling back to 1.3225 resistance where we hope to get a signal to re-join this downtrend which looks headed towards the 200 sma around 1.2800.
Technical Recommendation: Looking to go Short on pull backs
                                                                 GBPUSD - Daily
                                                                                                                Back to Top

► AUD/USD: our STTS Short from last week is still in play. Even after today's pull back we still think this pair is heading towards 200 sma and 50 Fib around 0.7700.
Technical Recommendation: We are Short. Position +54 pips in profit.
                                                                 AUDUSD - Daily
                                                                                          Back to Top

GOLD: after bouncing off the 1260 area as predicted, price has now reachd a level where we should consider going Short again.
Technical Recommendation: Looking for a downward rotation
                                                               XAUUSD - Daily

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