Daily Dow Jones/Forex/Gold Technical Analysis

Daily Forex Technicals | Written by FXtechtrade | Sep 11 09 04:57 GMT |
EUR/USD
Today's support: - 1.4565, 1.4529, 1.4477 и 1.4442(main), where correction is possible. Break would give 1.4418, where correction also may be. Then follows 1.4400. Break of the latter would result in 1.4371. If a strong impulse, we would see 1.4349. Continuation will give 1.4312.Today's resistance: - 1.4647(main). Break would give 1.4670, where a correction is possible. Then goes 1.4693. Break of the latter would result in 1.4712. If a strong impulse, we'd see 1.4738. Continuation will give 1.4755.
USD/JPY
Today's support: - 91.12(main). Break would bring 90.93, where correction is possible. Then 90.74, where a correction may also happen. Break of the latter will give 90.61. If a strong impulse, we would see 90.31. Continuation would give 90.08.
Today's resistance: - 92.27(main), where a correction may happen. Break would bring 92.53, where also a correction may be. Then 92.78. If a strong impulse, we would see 93.22. Continuation will give 93.48 and 93.63.
DOW JONES INDEX
Today's support: - 9573.75 and 9541.40(main), where a delay and correction may happen. Break of the latter will give 9514.70, where correction also can be. Then follows 9489.37. Be there a strong impulse, we would see 9452.62 Continuation will bring 9410.62 and 9364.20.Today's resistance: - 9646.77(main), where a delay and correction may happen. Break would bring 9672.28, where a correction may happen. Then follows 9683.66, where a delay and correction could also be. Be there a strong impulse, we'd see 9717.37. Continuation would bring 9756.56, 9787.40 and 9812.77.

Daily Forex Technicals | Written by India Forex
Sterling : Pound broke above its weekly trendline at around 1.65 levels and is staying above that. It needs to stay above 1.65 to maintain bullish bias otherwise the outlook would still remain consolidative. Shorts to be favoured if cable maintains below 1.6500 levels again.(GBP/USD 1.6550) . Neutral
Aud : Aud maintains the bullish bias. Buying at dips close to important supports remains the best strategy in the current market scenario.Only a continuous move below 0.8200 would break the trendline and stand bearish for the pair. (AUD/USD -0.8640) Bullish .Gold : We still maintain buying gold on dips close to $975 - $980 dollars . Medium term target comes around $1025-30 levels.(GOLD $1001.40)Bullish.
Dollar Index : The Dollar Index (basket against 6 currencies with EUR accounting for 57% of the basket) needs to break the levels of 79.50 to maintain strength again otherwise rangebound. It could bottom close to 75.50 levels. (Dollar Index - 76.60).Neutral