GBPUSD is currently trading at 1.5950 levels and is having a strong resistance of 1.6117 levels. Downside correction is expected near 1.58 levels. Sell close to 1.61 levels again for a target of 150 pips. (GBPUSD - 1.5950) Bearish
The JPY is currently trading at 90.25 levels and is having a strong resistance of 90.50 levels. Yen is holding bullishness and targeting 88.40 levels and even lower due to increased risk aversion. (USDJPY- 90.25) Bullish.
The Australian dollar is correcting due to increased risk aversion and gold selling . Good support is located close to 0.8700 levels.(AUDUSD - 0.8830) Neutral
GOLD is currently trading around $1079 levels and is having immediate resistance near $1096 where shorts can be initiated for the target of 30 dollars, stoploss above $1118 levels. Resist shorts at spot. (Gold-$1079) Bullish.
Dollar Index is currently trading near 79.46 levels. We expected further bullish scenario towards 80 levels. Bias remains bullish above 78.50 levels. (DI -79.01).Neutral.