10.02.2014 - Technical view
Futures on the broad U.S. stock index S&P 500 increased to 1800, but failed to gain a foothold above it. We expect the growth continuation after consolidation below 1800. Correction is possible to 1780. The closest target in case of growth continuation is at 1810.
Nearest support levels: 1780, 1760, 1740
Nearest resistance levels: 1800, 1810
The quotes of EUR/USD have reached 1.3630 and the upper boundary of the downward channel. Strong impulse will be needed to overcome and fix above these levels of resistance. We expect the correction within the downward channel. The closest target in case of growth continuation is 1.3550. Growth is limited by the resistance at 1.3700.
Nearest support levels: 1.3600 1.3550 1.3500
Nearest resistance levels: 1.3700 1.3810
After a strong growth, the price of the British pound is consolidating near 1.6400. Further growth is limited by resistance located at 1.6460 and inclined resistance line. In case of decrease the price may reach 1.6320.
Nearest support levels: 1.6320 1.6260
Nearest resistance levels: 1.6460 1.6550
The price of USD/JPY increased within the local rising channel and fixed above 102.00. With further growth, the quotes, can reach 103.00. Decline is limited by lower boundary of the downward channel.
Nearest support levels: 101.50 100.90 100.40
Nearest resistance levels: 103.00 103.50
The price of AUD/USD has reached the psychological level 0.90, but was unable to overcome it. As a result, the price of the Australian dollar is heading to 0.89. At this level, the decline may slow down. In case of further reduction the next target will be at 0.8830. Growth is limited by the resistance at 0.90.
Nearest support levels: 0.8900, 0.8830, 0.8700
Nearest resistance levels: 0.9000, 0.9060
The price of gold has reached $ 1,275 per troy ounce. Further growth is limited by the upper boundary of the rising channel. Now the correction is probable within the channel. It is hard enough to determine the future direction of the price movement.
Nearest support levels: 1265, 1242, 1220
Nearest resistance levels of 1280, 1290