Wednesday, June 18, 2014

forex daily resistance & support

GOLD
Resistance Levels: $ 1268 - $ 1276 - $ 1284
Support Levels: $ 1255 - $ 1241 - $ 1225
STRATEGY:Neutral
Sell below $1284 level, use a stop loss of $1293 level, target $1256-41 level.
Buy above $1241 level, use a stop loss of $1225 level, target $1284-93 level.




SILVER
Resistance Levels: $ 19.80 - $ 20.15 - $ 20.40
Support Levels:$ 19.47 - $ 19.24 - $ 19.00
STRATEGY:Neutral
Sell below $19.80 level use a stop loss of $20.15 level, target $19.00-18.65 level.
Buy above $19.24 level use a stop loss of $19.00 level, target $19.78 level.



CRUDE OIL
Resistance Levels: $ 107.50 - $ 108.23 - $ 110.83
Support Levels:$ 106.40 - $ 105.70 – $ 104.80
STRATEGY:Neutral
Sell below $107.50 level, use a stop loss of $108.20 level, target $105.70-104.80 level.
Buy above $104.80 level, use a stop loss of $103.80 level, target $107.50 level.



AUD / USD
Resistance Levels: $ 0.9340 – $ 0.9390 - $ 0.9430
Support Levels:$ 0.9310 - $ 0.9250 - $ 0.9210
STRATEGY:Neutral
Sell below $0.9430 level, use a stop loss of $0.9530 level, target $0.9310-0.9250 level.
Alternatively, failure to sustain below $0.9340 level might call for $0.9430 level.


GBP / USD
Resistance Levels: $1.6990 - $ 1.7080 - $ 1.7230
Support Levels:$ 1.6910 - $ 1.6850 - $ 1.6770
STRATEGY:Neutral
Buy above $1.6910 level, use a stop loss of $1.6850 level, target $1.6990-1.7080 level.
Alternatively, failure to break above $1.6990 level OR break below $1.6910 level might call for $1.6850 level.


EUR / USD
Resistance Levels: $ 1.3550 - $ 1.3620 - $ 1.3660
Support Levels: $ 1.3510 - $ 1.3470 - $ 1.3330
STRATEGY:Neutral
Sell below $1.3620 level, use a stop loss of $1.3660 level, target $1.3510-1.3470 level.
Alternatively, failure to sustain below $1.3550 level might call for $1.3620 level.


USD / JPY
Resistance Levels: 102.80 – 103.40 – 103.80
Support Levels: 102.10 - 101.70 - 101.20
STRATEGY:Neutral
Buy above 101.70 level, use a stop loss of 101.20 level, target 102.80 level.
Sell below 102.80 level, use a stop loss of 103.40 level, target 101.70-101.20 level.

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