gold levels

gold support : 1199/1192/1185 gold resistance: 1210/1215/1222

crude oil siganal

crude oil buy @54.30 sl 54 target 54.90/56.20

Fibonacci levels

Symbol       S3          S2        S1 Pivot Points RI   R2         R3

EUR/USD 1.0795 1.0828 1.0849 1.0883 1.0916 1.0937 1.0971

GBP/USD 1.4646 1.4693 1.4722 1.4769 1.4816 1.4845 1.4892

USD/JPY 120.15 120.29 120.37 120.50 120.64 120.72 120.85

USD/CHF 0.9808 0.9871 0.9910 0.9974 1.0037 1.0076 1.0140

AUD/USD 0.7249 0.7264 0.7272 0.7287 0.7302 0.7310 0.7325

USD/CAD 1.3767 1.3800 1.3821 1.3854 1.3887 1.3908 1.3941

NZD/USD 0.6781 0.6803 0.6816 0.6838 0.6860 0.6873 0.6895

EUR/JPY 129.58 130.11 130.43 130.96 131.49 131.81 132.34

GBP/JPY 175.80 176.51 176.95 177.66 178.37 178.81 179.52

GOLD 1052.83 1056.84 1059.32 1063.33 1067.34 1069.82 1073.83

SILVER 13.62 13.71 13.77 13.86 13.95 14.00 14.09

CRUDE 35.80 36.18 36.42 36.80 37.18 37.42 37.80

NZD/USD stages crushing decline

4 January 2016,

The 1-hour NZD/USD MACD series is sitting at extreme lows.

Recent plummeting NZD/USD price action has been highlighted by an above-average distance between MACD and its signal line. From a strategic standpoint, there could be further stomach-churning dips to endure, as well as brief relief rallies. The latest MACD print shows dissipation of downside momentum, thus reinforcing the second scenario.

NZD/USD 2016-01-04T03:45:00

0.67525/0.67541 (0.1495565131121%)

H0.67645 L0.6749

S3	S2	S1	R1	R2	R3
0.6764666239420	0.6783833106358	0.6795166532198	0.6825666824976	0.6844833691914	0.6856167117754

Trend Index	OB/OS Index
Bearish	Oversold

USD/JPY plummets through the magic 120.00 level

4 January 2016, 

FXStreet (Guatemala) - USD/JPY keeps printing new lows at time of writing with a big risk-off theme coming into play at the start of 2016.

Volatility was always on the cards and the greenback is starting to reverse the gains on the board, most evident in the Yen although the pound is stabilizing and the euro correcting also. However, the antipodeans are not having a good time of the risk-off mood either and are at the lows vs the greenback still after the Chinese data induced run for cover kicked din when the Caixan manufacturing yet again disappointed by some margin.

USD/JPY levels

Technically, a break of the psychological 120 handle and daily closes will leave the downside exposed towards the 119.11 2012-2015 uptrend.
ahead of the uptrend at 118.11.

USD/JPY 2016-01-04T02:00:00

119.842/119.852 (0.1535303639670%)

H120.06 L119.697

NZD/USD Bulls are losing momentum

4 January 2016, 

NZD/USD sellers stood their ground and buyers retreated in recent sessions as MACD (26, 12, 9) has fallen off below its median line.

On a 4hr chart, this technical condition may be taken by many trend-following traders as a trigger to liquidate long positions.

The fact that the MACD hasn't been under zero for at least one week of trading, reinforces the argument that room for further NZD/USD depreciation is there.

NZD/USD 2016-01-04T02:45:00

0.67617/0.6763 (-0.085754417091%)

H0.67695 L0.67572

S3	S2	S1	R1	R2	R3
0.6764666239420	0.6783833106358	0.6795166532198	0.6825666824976	0.6844833691914	0.6856167117754

Trend Index	OB/OS Index
Bearish	Oversold

USD/SGD met with an upside nudge

4 January 2016, 

A shooting star reversal seen on the USD/SGD daily chart is tipping traders off for a downside break.

The price rallied during the session, but pulled back to the bottom to close near the opening price.

Considering what's happening on 4-hour studies where the price structure has been at a considerable distance above it's 200-period SMA, the case for a retracement becomes highly compelling.

NZD/USD 2016-01-04T02:45:00

0.67617/0.6763 (-0.085754417091%)

H0.67695 L0.67572

S3	S2	S1	R1	R2	R3
0.6764666239420	0.6783833106358	0.6795166532198	0.6825666824976	0.6844833691914	0.6856167117754

Trend Index	OB/OS Index
Bearish	Oversold

USD/SGD to recapture critical juncture

4 January 2016, 

Recent upward moves led to a cross between the 100 and 200 SMA on the 4H USD/SGD charts.

A recent bounce in the USD/SGD price structure might contribute to a consensus of technical levels, especially when the recent lows are at a relative narrow distance from the price level where the so-called "Golden Cross" occurred. At a distance slightly shorter than a daily ATR, the 200 SMA could exhibit some attraction to the price. The bullish outlook should be dismissed by a close beyond the 200 SMA.

NZD/USD 2016-01-04T02:45:00

0.67617/0.6763 (-0.085754417091%)

H0.67695 L0.67572

S3	S2	S1	R1	R2	R3
0.6764666239420	0.6783833106358	0.6795166532198	0.6825666824976	0.6844833691914	0.6856167117754

Trend Index	OB/OS Index
Bearish	Oversold

The 1-hour NZD/USD MACD series is sitting at extreme lows.

Recent plummeting NZD/USD price action has been highlighted by an above-average distance between MACD and its signal line. From a strategic standpoint, there could be further stomach-churning dips to endure, as well as brief relief rallies. The latest MACD print shows dissipation of downside momentum, thus reinforcing the second scenario.

NZD/USD 2016-01-04T03:45:00

0.67525/0.67541 (0.1495565131121%)

H0.67645 L0.6749

S3	S2	S1	R1	R2	R3
0.6764666239420	0.6783833106358	0.6795166532198	0.6825666824976	0.6844833691914	0.6856167117754

Trend Index	OB/OS Index
Bearish	Oversold

xau update

buy gold @1065 stop loss 1060 target 1075/1085/1095

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EUR/GBP outlook

EUR/GBP outlook

• After failing at the 75.90 level, we appear to be heading back towards the lows at 74 pence.
  
  
• Only a move below 74 suggests a move towards 72.55, which had originally been the peaks seen in 2003.       

CMC markets GBP/USD outlook

CMC markets GBP/USD outlook

• We've so far managed to remain above $1.5200 and while we do so the risk of a short squeeze back to $1.5280 remains.
  
  
• We need to push back through the $1.5280 level to keep the prospect of a move towards the $1.5500 level.
  
  
• A move below 1.5200 could well see a retest of the $1.5000 lows last week.       

Oil back up, USD back down

Oil back up, USD back down

• Another day, another >5% swing in oil prices-this time higher overall. 
• That helped CAD and NOK, but no more so than most other majors, as the biggest theme in FX was broad USD weakness. 
• EUR managed to be the marginal top performer alongside DKK. 
• At least part of that support may have come from central bank flows as the Danish Central Bank cut its deposit rate to -0.75% in defense of pressure on the EURDKK peg. 
• That's the fourth cut this ye       

USD/JPY moves lower in dull trading

USD/JPY moves lower in dull trading

• USD/JPY off very moderately in Asia, early high 117.55, low so far 117.27.
  
  
• Large bln 117.00 vanilla options expirations supports.
  
  
• Japanese importer and investor interest seen towards/below 117.00.
  
  
• Offers well ahead of 118.00, option expiries at 118.00, 25-30.
  
  
• More range-trading looked at into tonight's key US payrolls data.        

EUR/JPY sees sellers run into support ahead of pivot

EUR/JPY sees sellers run into support ahead of pivot

• Negative technical outlook
  
  
• EUR/USD has little chance for longs
  
  
• Large EUR/JPY sell order helped bring USD/JPY lower
  
  
• Support seen ahead of 134.17 pivot point       

USD/JPY daily outlook

USD/JPY daily outlook

• USD/JPY is trading in narrow range around 116.80 to 118.85 for the past ten trading session trend is neutral as long as Support 116.80 holds.
  
  
• The pair's minor resistance around 118.20 and any break above will take the pair to 118.85/119.95.
  
  
• On the downside major support is around 116.80 and break below will target 115.80.

Indicators (1 Hour chart)                                                

CCI (50) - Buy

CCI (14) - Buy

Ichimoku- Buy     

gold up dates

buy above xauusd@1265- stop loss 1260 target 1278/1288/1298

EUR/USD spike above 200 hma concerns bears

EUR/USD spike above 200 hma concerns bears

• Pair's spike through the 200 HMA is a concern for short trades
  
  
• The 10 DMA weighs further, just above the market at 1.1358
  
  
• Looks to hold rally attempts. Stops lowered to above the latter
  
  
• Looks to return to Thurs' 1.1262 low, close to the 50% fibo
  
  
• Short target is 1.1261 =  50% of 1.1098/1.1423. 1.1100       

AUD/USD focuses on RBA

AUD/USD focuses on RBA

• AUD back-filled early price gap lower for slight net change post NY close c0.7770
  
  
• Cross performance mixed +0.30% vs JPY tempered by similar % loss vs EUR
  
  
• FX market convinced OIS now pricing 70% chance of 25 bps cut
  
  
• 0.7720 29 Jan low as sup, 0.7800 stays as close topside resistance for now        

USD/INR rallies on short cover, risk off

USD/INR rallies on short cover, risk off

• USD/INR to move above 62.00 on risk aversion, short squeeze
  
  
• Short covering interest ahead of RBI tomorrow
  
  
• Names cited good buyers in the NDFs overnight
  
  
• NDFs traded 61.22-61.45 range overnight, closed 61.35-40 in NY
  
  
• Feb manufacturing PMI data eyed, forecast 53.5 vs 54.5 previous