Euro : EURUSD has broken the levels of 1.40 twice and aiming close to next important support at 1.3760 levels. Be cautious incase 1.4100 levels break confidently again. Buying close to 1.3770 could be done for 200 pips with a stoploss of 100 pips. (EURUSD-1.3881) Bearish
Sterling : GBPUSD is currently trading at 1.5950 levels and is having a strong resistance of 1.6117 levels. Downside correction was expected till 1.58 levels which it reached. Sell close to 1.61 levels again for a target of 150 pips. (GBPUSD - 1.5950) Bearish
Yen : 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. Only a break of 93.00 levels would change the bias of the Yen. (USDJPY- 90.25) Bullish.
Aud : The Australian dollar is correcting due to increased risk aversion and no rise in interest rates . Good support is located close to 0.8700 levels.(AUDUSD - 0.8799) Neutral
Gold : GOLD is currently trading around $1102 levels and is having immediate resistance near $1115 where shorts can be initiated for the target of 30 dollars, stoploss above $1118 levels. Resist shorts at spot. (Gold-$1102) Neutral.
Dollar Index: Dollar Index is currently trading near 79.28 levels. We expected further bullish scenario towards 80 levels. Bias remains bullish above 78.50 levels. (DI -79.28).Neutral.