13.02.2014 - Technical view
The price of futures on the broad U.S. stock index S&P 500 was unable to overcome the resistance at 1820. Correction may stop at 1800, and then we expect the resumption of growth with the target price at 1850.
Nearest support levels: 1810, 1800, 1780
Nearest resistance levels: 1820, 1844, 1850
The price of EUR/USD has won back yesterday's losses and is now trading below the strong level 1.3630. Besides, the further growth is limited by the upper boundary of the descending channel. If the price will fix below the local minimum that is located at 1.3560, we expect the price to reduce to the bottom of the channel.
Nearest support levels: 1.3560, 1.3500
Nearest resistance levels: 1.3700, 1.3810
After a strong growth, the price of the British pound is consolidating below the local maximum at 1.6630. Correction is possible to the level of 1.6550. The price needs to gain a foothold above 1.6630 in order to continue the further growth.
Nearest support levels: 1.6550, 1.6400
Nearest resistance levels: 1.6630
The price of USD/JPY has failed to gain a foothold above the level 102.50 and corrected within a downtrend to 102.00. The signals to buy will be fixing of price above 103.00. In case of further decrease, the quotes can reach 101.50.
Nearest support levels: 102.00, 101.50, 100.90
Nearest resistance levels: 103.00 103.50, 104.70
The price of AUD/USD has fallen sharply on the negative statistics on unemployment in Australia and reached the level of 0.8930. To continue the downward movement quotations will need to fix below 0.8900. Growth is limited by the resistance at 0.90 and an upper limit the descending channel.
Nearest support levels: 0.8930, 0.8900, 0.8830
Nearest resistance levels: 0.9000, 0.9085, 0.9160
The price of gold could not overcome the inclined resistance and retreated downwards. Growth is limited by psychological mark 1300. The growth above 1300 is unlikely. In addition, the price broke the inclined support level. We expect that the price will continue to decline. First target price in such case will be at 1275 with the possibility of further decrease to $ 1,260 per troy ounce.
Nearest support levels: 1275, 1265, 1242
Nearest resistance levels: 1300