Euro : Euro is currently trading at 1.3668 levels and touched bottom 1.3585 yesterday. Immediate resistance comes near 1.3750 levels (200 days weekly EMA). Initiate shorts near 1.3750 -1.3800 levels with tight stoploss of 1.3850 target 1.3580 levels and below. Range for the day could be 1.3580 to 1.3750. (EURUSD - 1.3668) Bearish below 1.4000
Sterling : GBPUSD is currently trading at 1.5690 levels. Immediate resistance comes near 1.5760 levels. Initiate shorts between 1.5750 - 1.5800 levels stoploss 1.5850 levels. Range for the day could be 1.5550 -1.5800 levels. (GBPUSD - 1.5690) Bearish below 1.6150 level.
Yen : USDJPY is currently trading at 89.65 levels. Upside correction is expected near 90.40 levels (21 Days, 55days daily Ema). Initiate shorts near these levels for the target of 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- 89.65) Bullish.
Aud : AUDUSD is currently trading at 0.8890 levels. Immediate resistance comes between 0.8900 - 0.9000 levels which if broken and trades above this levels in 2 - 3 trading session then could see further bullish pressure till 0.9250 level. (AUDUSD - 0.8890) Neutral.
Gold : Gold is currently trading at $1088 levels and it is strongly trading below resistance of $1093 levels (100 daily EMA). Initiate shorts between $1090 - $1100 levels with tight stoploss above $1110 levels. (Gold-$1088) Neutral.
Dollar Index: Dollar Index is currently trading at 80.08 levels. Immediate support comes near 79.50 levels. Overall dollar looks to be strong in short-term till 82 levels. (DI - 80.05) Short-term Bullish.