EUR is playing again with the support area 1.3620-30 where is also the Daily SMA200, currently we are trading a little below, but indicators say in several hours we may have a recovery to the upside. We have made some tests of 1.3600 level and a solid support has been built. Recovery will target 1.3675 first and then 1.3710-1.3740. If we reach all these and upside continues i do not expect to go much over 1.3770 so you may enter SHORT around there.
GOLD has finally decided to wake up and fell off the bed. GOLD is bearish on all time frames, any upside will be used for new SHORT positions. We are SHORT below 1265, do not allow more than 4 USD against you, because GOLD is able to recover extremely fast. Daily resistance is 1290, only a clear break above may destroy the bearish outlook.
NZD still shaking up and down and it is a bit difficult to forecast the next move here. H4 support is 0.8530 and H4 resistance is 0.8570. Breaking of either will send the pair to 0.8490 or to 0.8610, until any of these happens the pair is locked within 40 pips.
AUD still uses 0.9250 as support and is ready to jump up to 0.9300. If H4 attack of 0.9270 fails again, the price may easily return back to 0.9230or below. For now the outlook is bullish, but we are keeping eyes on 0.9270.
JPY shows nothing interesting, investors are bored with this pair. Support is 101.75, resistance is 102.20. Breaking of either is needed to take the price out of that awful range trade.
GBP continues consolidation with a sideways move yesterday. Currently the price is below the support 1.6830 which is now resistance. Enter LONG only on H4 close above 1.6835 and do not allow more than 10-15 pips SL. H4 and H1 indicate recovery to 1.6830, but what will happen next we shall see later.
RUB has reached 34.40 against the dollar as expected after 34.15 served as a good support. However the upside is blocked by the H4 Senkou Span A price. H4 Support is placed at 34.36, above that we are bullish, below 34.30 we should reconsider our LONG position. Below 34.25 the bullish outlook will change. Daily indicators show upside continuation while H4 signal for a possible correction before the next upside wave.
LONG EUR above 1.3640 SL 1.3630 TP 1.3670-1.3685-1.3705-1.3725-1.3740
SHORT EUR below 1.3610 SL 1.3620 TP 1.3590-1.3570-1.3540-1.3510
SHORT GOLD below 1265 SL 1269 TP 1254-1246-1238
LONG GOLD above 1290 SL 1286 TP 1302-1308-1322