End of Day Technical Analysis – 03 Sept 2015

Posted On 03 Sep 2015
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End of Day Technical Analysis Report for:



, SP500, DAX, and US30Y

► EUR/USD: price completed a re-test of confluent support at the 50 sma and 1.1100 as we have been hoping. Not sufficient buying at this level to make us go Long yet. We hope to get a signal after tomorrow’s NFP.
Technical Recommendation: Looking to go Long at present levels.
                                                                 EURUSD – Daily

GBP/USD: relentless move towards 1.5165. We’ve waited for a retracment that never came. All we can do now is see how price reacts to this level when it gets there.
Technical Recommendation: Look for a re-test of 1.5165 support.
                                                                 GBPUSD – Daily

► AUD/USD: price still pausing at 0.7000 key support. We are watching this level closely for any evidence of a bounce.
Technical Recommendation: Price at Key support.
                                                                 AUDUSD – Daily
                            Back to Top

► USD/JPY: we are looking for another Shorting opportunity for a quick trade to test 118.28. Hopefully we will get a signal inside the EMA layer tomorrow post NFP.
Technical Recommendation: Looking to re-enter Short.
                                                                USDJPY – Daily

► NZD/USD: we are still STTS Long. Price rebounced today moving away from our Stop. Hopefully this will continue tomorrow.
Technical Recommendation: Long. Position close to Break Even.

GOLD: we have been waiting for a signal in the 1120-1130 area with a view to go Long. Today price entered this area and paused at 1125. We hope to see an upward rotation from this level tomorrow with NFP data coming out. There will be a few Stops below the recent swing low around 1117. These are likely to be taken out tomorrow before any bounce can take place.Technical Recommendation: Looking to go Long.                                                               XAUUSD – Daily

► SP500we have been looking for price to re-test the 1830-1890 and hoping to get a Buy signal there. Today’s pin bar at 1968 resistance looks like making this likely.
Technical Recommendation: Look for price to re-test 1830-1890 support.
                                                               SP500 – Daily

DAX30: another green candle but the long wick shows there is a fair amount of supply in this area. We still think the DAX is likely to re-test 9375 key support.
Technical Recommendation: Look for a re-test of 9375 support.
                                                                DAX30 – Daily

► US30Y: price stagnating around the 155 level. We expect price to rotate to the downside and make a push for 151.00-151.60 support.
Technical Recommendation: Looking for price to re-test 151.00.
                                                        US30Y Dec Future – Daily



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