EN 
CN 
EURUSD
Bias: Bearish
We look to Sell at 1.1242 with target prices of 1.1104 and 1.1075, and a stop price of 1.1302
Confidence: 60%
Technical Analysis
- A sequence of intraday lower lows and highs has been posted
- This is negative for sentiment and the downtrend has potential to return
- Further downside is expected
- Preferred trade is to sell into rallies
GBPUSD
Bias: Bearish
We look to Sell at 1.3438 with target prices of 1.3320 and 1.3240, and a stop price of 1.3481
Confidence: 40%
Technical Analysis
- Preferred trade is to sell into rallies
- We expect a period of high volatility
- The bias is still for lower levels and we look for any gains to be limited
- Further downside is expected although we prefer to set shorts at our bespoke resistance levels at , resulting in improved risk/reward
USDJPY
Bias: Bullish
We look to Buy at 115.03 with target prices of 115.99 and 116.25, and a stop price of 114.59
Confidence: 80%
Technical Analysis
- Bespoke support is located at 115.00
- We look for a temporary move lower
- Support could prove difficult to breakdown
- Further upside is expected although we prefer to buy into dips close to the 115.00 level
GOLD
Bias: Bullish
We look to Buy at 1882 with target prices of 1959 and 1975, and a stop price of 1847
Confidence: 100%
Technical Analysis
- The primary trend remains bullish
- News events could adversley affect the short term technical picture
- Further upside is expected
- We look to buy dips
GER40
Bias: Bearish
We look to Sell at 14318 with target prices of 14088 and 14018, and a stop price of 14404
Confidence: 60%
Technical Analysis
- Daily signals are bearish
- We have a Gap open at Monday from 14301 to 14130
- We look for a temporary move higher
- Previous support at 14300 now becomes resistance
- 20 4hour EMA is at 14363
- There is no clear indication that the downward move is coming to an end
AUDUSD
Bias: Bearish
We look to Sell at 0.7246 with target prices of 0.7126 and 0.7100, and a stop price of 0.7292
Confidence: 60%
Technical Analysis
- A bearish Head and Shoulders is forming
- This is negative for sentiment and the downtrend has potential to return
- Preferred trade is to sell into rallies
- Further downside is expected
WTI
Bias: Bullish
We look to Buy at 92.33 with target prices of 98.88 and 99.50, and a stop price of 89.47
Confidence: 80%
Technical Analysis
- The primary trend remains bullish
- News events could adversely affect the short term technical picture
- There is scope for mild selling at the open but losses should be limited
- Further upside is expected although we prefer to buy into dips close to the 92.00 level
