gold updates

1	gold 2nd target achieved	27/01/2015	21:12:15
2	xauusd 1st target achieved	27/01/2015	20:33:32
3	xauusd buy above@1284 stop loss 1279 target 1289/1294	27/01/2015	18:28:12

            total profit@1000$

USD/BRL eyes 10-dma/tenkan resistance by 2.6065

USD/BRL eyes 10-dma/tenkan resistance by 2.6065

Source: Thomson Reuters

• USD/BRL rises 0.2% in early NY trade, US yields lower as risk exited pre-FOMC
  
  
• Brazilian bank lending rises at slowest pace in 7 years 
  
  
• USD/BRL resistance at 2.6065 10-DMA/Tenkan area, 2.6397 50% Fib of Jan '15 range
  
  
• Support at 2.5825 today's low, 2.5695 daily cloud base, 2.5489 Jan 22 low       

NZD/CAD short term outlook

NZD/CAD short term outlook

• NZD/CAD has formed a triple bottom around 0.9200 and any short term weakness can be seen only below that level.
  
  
• On the downside break below 0.9200 will take the pair to 0.9110 /0.89950 in short term.
  
  
• The pair's minor resistance is around 0.9300 and break above will target 0.9440/0.94780.

Indicators (4 Hour chart)

CCI (50) - Sell

CCI (14) - Buy

Ichimoku- Neutral

Recommendation: Buy NZD/CAD around 0.9275-80, SL 0.9190, Targets 0.9440/0.9470.

USD/JPY bulls trying to force intra-day recovery

USD/JPY bulls trying to force intra-day recovery

• Heavy market showed by long shadows on recent hourly candlestick lines
  
  
• Bulls hurt further by latest hourly close back below 118.07 pivot point
  
  
• Spot sold since Asia came in, down from the 118.66 session high
  
  
• Nikkei futures have been softer side in Europe
  
  
• 48/72 hr log correlation between Nikkei futures & spot is +0.55/+0.66       

US DATA: Retail Economist-Goldman Sachs (TRE-GS) Weekly Chain Store Sales

US DATA: Retail Economist-Goldman Sachs (TRE-GS) Weekly Chain Store Sales Index...

US DATA: Retail Economist-Goldman Sachs (TRE-GS) Weekly Chain Store Sales Index  (the old ICSC) declined by 0.6% compared with the prior week for the period  ending January 24. On a year-over-year basis, sales advanced by 2.6% - the  weakest reading since the end of December. "The week's performance was quite  uneven compared with the same week of the prior year with business at wholesale  clubs and dollar stores very strong, but very soft at the hardline retailers,"  economist Mike Niemira said. He added that, "Over the past week, temperatures  also were abnormally warm across the U.S., which tends to dampen the 'weather  catalyst' for seasonal-goods demand. However, weather forecasts for heavy snow,  this week, from an Alberta Clipper system traveling from the Midwest to the east  coast-dubbed the 'Blizzard of 2015'-likely spurred consumers in the affected  region to stock-up on staples and snow gear ahead of that storm.