28.04.2014 - Technical view
The price of the futures on a U.S. stock index S&P 500 was unable to overcome the resistance level at 1884 and started to decline. At the moment the price is trying to fix below 1873. The target at further reduction will be at 1840. To resume the growth the quotes need to overcome resistance at 1884. We expect the downward movement of the futures in the medium term and maintain long-term negative outlook on the U.S. market.
Nearest support levels: 1840, 1813, 1800, 1780
Nearest resistance levels: 1873, 1884, 1900, 1950
The price of euro continues to consolidate in the corridor 1,3790-1,3850. After reaching the upper limit of the corridor the price started to correct downwards. In case of further decline, the signal to sell will be price fixing under the lower boundary of the corridor. Objectives in such case will be at 1.3750 and 1.3700. A buy signal will be the price fixing above 1.3850. The growth is limited by a strong resistance level at 1.3900. We look forward for continuing downward movement and maintain a long-term negative outlook.
Nearest support levels: 1.3790, 1.3750, 1.3700, 1.3640, 1.3560
Nearest resistance levels: 1.3850, 1.3900, 1.3960
The price of GBP/USD continues to consolidate in the corridor 1,6770-1,6840. In case of growth, a signal to buy will be price fixing above 1,6840. We recommend opening short positions after fixing the price below 1.6770. The objectives in such case will be the lower boundary of the rising channel and the level of 1.6700. We maintain a long-term positive outlook for the pound.
Nearest support levels: 1.6770, 1.6700, 1.6650, 1.6600
Nearest resistance levels: 1.6840, 1.6900, 1.7000
The price of USD/JPY declined within the local rising channel to the level of 102.00 and reached the lower boundary of the channel. At the moment there is a high probability the rebound of price upwards to 102.70, with a further increase to 104.00. In case of further reduction the price may drop to 101.50. We keep medium and long term positive outlook for the USD/JPY.
Nearest support levels: 102.00, 101.25, 100.90, 100.40
Nearest resistance levels: 102.70, 104.00, 104.70, 105.40
The price of AUD/USD continues to consolidate below 0.9300. In case of further decline, the signal to sell will be price fixing below the lower boundary of the rising channel and the level of support at 0.9250. The growth is limited by the resistance level at 0.9300. The potential for further price reduction has dropped significantly, but we maintain a medium-term negative outlook for the Australian dollar.
Nearest support levels: 0.9250, 0.9215, 0.9130, 0.9100, 0.9000, 0.8925
Nearest resistance levels: 0.9300, 0.9330, 0.9400, 0.9460, 0.9500
The price of the New Zealand dollar rebounded from the support at 0.8550 and now is consolidating around 0.8580. In case of growth, a signal to buy will be price fixing above 0.8630. A signal to sell will be fixing the price below the support at 0.8520. We expect continued growth in the medium term.
Nearest support levels: 0.8550, 0.8520, 0.8450, 0.8390, 0.8250
Nearest resistance levels: 0.8630, 0.8650, 0.8700, 0.8800
The price of gold has reached the upper limit of the figure "triangle" and the level of 1305. We expect strong price movement after price leaving the figure boundaries. A buy signal will be price fixing above 1305 with targets at 1330, 1360 and 1380. In case of decrease, a signal to sell will be price fixing below 1278. We keep medium and long term positive outlook for gold.
Nearest support levels: 1278, 1265
Nearest resistance levels: 1305, 1312, 1330, 1344, 1352