Asad Rizvi
GMT 3:25 - AUD @ 0.9613 = Aussie has strong support around 0.9570-80, which my not be easy to surrender and could possibly test 0.9650-60 zones.
GMT 3:30 - JPY @ 98.01 = Japanese currency may not find easy to break 97.60-70 levels or else may test 97.10, which is not a favoured move. But unless moves beyond 98.50 for 98.80, the currency may trade in a narrow range.
DISCLAMER : The commentary/information presented is not intended for trading purpose. The idea is to exchange views with the members/readers. Therefore, I accept no responsibility or liability for any losses incurred due to position taking.
GMT 3:10 - GOLD @ $ 1317 = Likely to hold around $ 1310-12 in Asia, hence buying on dip is preferred for another upside test of $ 1320-25 zones. This could be last up move of the day unless surpass $ 1328-30 resistance levels for a dip. Break of $ 1302 is required for $ 1290. Only break of upside resistance level will challenge $ 1338.
GMT 3:17 =EURO @ 1.3663 = I will remain cautious around 1.3680-90 and refrain from further selling of Euro, as downside break of 1.3610 will encourage for 1.3580. Or else 1.3725-35 before down again.
GMT 3:20 - GBP @ 1.6145 = As long as 1.6070 holds, buying on dip is preferred, but Cable would be heavy around 1.6180-90 ans may struggle to move beyond or else. 1.6220.GMT 3:17 =EURO @ 1.3663 = I will remain cautious around 1.3680-90 and refrain from further selling of Euro, as downside break of 1.3610 will encourage for 1.3580. Or else 1.3725-35 before down again.
GMT 3:25 - AUD @ 0.9613 = Aussie has strong support around 0.9570-80, which my not be easy to surrender and could possibly test 0.9650-60 zones.
GMT 3:30 - JPY @ 98.01 = Japanese currency may not find easy to break 97.60-70 levels or else may test 97.10, which is not a favoured move. But unless moves beyond 98.50 for 98.80, the currency may trade in a narrow range.
DISCLAMER : The commentary/information presented is not intended for trading purpose. The idea is to exchange views with the members/readers. Therefore, I accept no responsibility or liability for any losses incurred due to position taking.
GMT 3:10 - GOLD @ $ 1317 = Likely to hold around $ 1310-12 in Asia, hence buying on dip is preferred for another upside test of $ 1320-25 zones. This could be last up move of the day unless surpass $ 1328-30 resistance levels for a dip. Break of $ 1302 is required for $ 1290. Only break of upside resistance level will challenge $ 1338.
ReplyDeleteEURO @ 1.3663 = I will remain cautious around 1.3680-90 and refrain from further selling of Euro, as downside break of 1.3610 will encourage for 1.3580. Or else 1.3725-35 before down again.
ReplyDeleteGBP @ 1.6145 = As long as 1.6070 holds, buying on dip is preferred, but Cable would be heavy around 1.6180-90 abs may struggle to move beyond or else. 1.6220.
ReplyDeleteAUD @ 0.9613 = Aussie has strong support around 0.9570-80, which my not be easy to surrender and could possibly test 0.9650-60 zones.
ReplyDeleteJPY @ 98.01 = Japanese currency may not find easy to break 97.60-70 levels or else may test 97.10, which is not a favoured move. But unless moves beyond 98.50 for 98.80, the currency may trade in a narrow range.
ReplyDeleteGOLD @ $ 1325 = Book your profit around $ 1325-27 and sell around $ 1327-30 levels with STOPs $ 1335.........Cheers
ReplyDeleteCurrencies = No change in View.............................
ReplyDeletecould i sell gold now
ReplyDeletesorry i miss ur post next level to sell gold plze
ReplyDeleteGOLDC @ $ 1318 = Book your profit around $ 1316-18 and go long around $ 1314-16. Stops $ 1309...................Cheers
ReplyDeletesir gold buy around 1316 n sl kept 1309 ok hold till us opens correcyt
ReplyDeleteshould go short pound here ?
ReplyDeletePrefered area to go short GBP around 1.6225-30................
ReplyDeleteAUD @ 0.9662 = Book your profit around 0.9662-68......Cheers
ReplyDeleteJPY @ 97.55 = Sell JPY around 9748-52. Stops 97.10
ReplyDeleteSorry sell around 97.52-58............Stops 97.10
ReplyDeleteshort euro at 1.3698 is it ok ?
ReplyDeleteyes, though there is a minor chance for a test of 1.3715-20 zone..............
ReplyDeletegold buy hold sir is it ok
ReplyDeleteGOLD @ $ 1317 = Watch $ 1320-22, only break risk fo $ 1328 or else I will not be surprised to see a dip towards $ 1310-12 levels....................
ReplyDeletesir about gold
ReplyDelete