End of Day – Technical Analysis : 02 Sept 2015

Posted On 02 Sep 2015

By : TFF

Tag: AUD, EUR, GBP, Gold, JPY, NZD, sp500

End of Day Technical Analysis Report for:

, SP500, DAX, and US30Y

► EUR/USD: typical pre-NFP markets. We are still looking for an opportunity to go Long on a re-test of confluent support at the 50 sma and 1.1100.

Technical Recommendation: Looking to go Long on weakness.

EURUSD – Daily

► GBP/USD: cable still looks headed towards 1.5165 but a retracement is likely.

Technical Recommendation: Look for a re-test of 1.5165 support.

GBPUSD – Daily

► AUD/USD: price is pausing at 0.7000 key support. We are watching this level closely for any evidence of a retracement.

Technical Recommendation: Price at Key support..

AUDUSD – Daily

► USD/JPY: price retraced a little today. Having made money on a Short yesterday, we may see another Shorting opportunity for a quick trade to test 118.28.

Technical Recommendation: Looking to re-enter Short.

USDJPY – Daily

► NZD/USD: we are still STTS Long. Price close to our Stop. Today price recovered a little. We hope to see an upward rotation tomorrow.

Technical Recommendation: Long. Position under pressure.

NZDUSD – Daily

► GOLD: still looking to go Long, with targets of 1170 and 1200. Waiting for a signal in the 1120-1130 area.Technical Recommendation: Looking to go Long. XAUUSD – Daily

► SP500: still looking for price to re-test the 1830-1890 and hoping to get a Buy signal there.

Technical Recommendation: Look to go Long between 1830 and 1890 support.

SP500 – Daily

► DAX30: even after today’s green candle, we think the DAX is showing some short term weakness and is likely to re-test 9375 key support.

Technical Recommendation: Look for a re-test of 9375 support.

DAX30 – Daily

► US30Y: we still think price is looking like rotating to the downside and make a push for 151.00-151.60 support.

Technical Recommendation: Looking to go Short for decent R:R to 151.00.

US30Y Dec Future – Daily

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