Daily Forecast - 27 May 2014

Short Sterling

Short Sterling

Sept 14 Support at 9939(December/February high), 9936/35, 9932/31, 9927, 9924/23, 9920/19 (December low). Resistance 9941, 9943/44, 9947/48, 9953, 9955(contract high).

Dec 14 Support at 9928(March high), 9926, 9924/23(March/April low), 9921, 9919, 9916(May low). Resistance at 9930 (December/February high), 9932(April/May high), 9937/38, 9942/44, 9951.

March 15 support at 9909, 9907/06, 9903, 9901, 9898, 9894. Resistance at 9913/15 (March/April/May high), 9917 (February high), 9920.

June 15 support at 9884, 9881/80, 9878, 9874/73, 9870/69. Resistance at 9887/88, 9891, 9893, 9895 (March/April high), 9898, 9902, 9904/05.


BAX

BAX

June14 support at 98.75, 98.73, 98.70, 98.66. Resistance at 98.78, 98.81, 98.84, 98.87, 98.89/90.

Sep14 support at 98.75/74(February low), 98.72/71(January low), 98.69(December low), 98.66. Resistance at 98.78/79(December high), 98.81, 98.85(February high) then 98.88/89(January high).

Dec14 support at 98.73(February low), 98.70, 98.66(January low), 98.62/61. Resistance at 98.75(December high), 98.77, March high at 98.79, 98.81, 98.85(February high) then 98.89(January high).

Mar14 support at 9871/70, 9867, 98.65 then 98.62/61, January lows at 98.56/55, December lows at 98.52. Resistance at 98.73, March highs at 98.76, February highs at 98.81.

The contents of our reports are intended to be understood by professional users who are fully aware of the inherent risks in Forex, Futures, Options, Stocks and Bonds trading. INFORMATION PROVIDED WITHIN THIS MATERIAL SHOULD NOT BE CONSTRUED AS ADVICE AND IS PROVIDED FOR INFORMATION AND EDUCATION PURPOSES ONLY.

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