Today Asia stock market falls due to the oil prices European stock markets came under pressure at the open on Thursday, tracking Asia losses and with oil prices falling sharply after a flash manufacturing index from China showed tepid growth. Investors will also be watching a Spanish bond auction closely, with U.S. data on tap as well but over all we are cautiously short the stocks with tight stops because near the top end of over time cycle projection the pick could be the GBP/Usd pair for today so wait and watch.


EUR/USD (last 1.2983)

Support:
1.2930 (S1)
1.2860 (S2)
1.2775 (Major Sup)

Resistance:
1.3052 (R1)
1.3125 (RR)
1.3286 (RRR)

STRATEGY

Trend Bullish till it is hold above 12804

Day Trader

Short@13044 stop@13066 tgt open 12934

Parked Orders

Long @12807 Target 13048 Stp@12744

Time Cycle projection This market is almost at the Peak by our time Cycle


CABLE (16182)

Support:
1.6172 (S1)
1.6092 (SS2)
1.5942 (Major Sup)

Resistance:
1.6246®
1.6316 (Res)
16460 (**Major Resistance)

STRATEGY SOS short on strength

Trend Higher

Day Traders

PARKED ORDERS

short@16239 add 16266 stp@16319 tgt 16066

Long@15976 stp@15957 tgt 16078

Mid term

Buy near 15870 is area stop@15817 Target 16009


Yen (7818)

Support:
78.00 (S1)
77.47 (S2)
75.86 (Major Sup)

Resistance:
79.66 (R1)
8055 (June’29 high)
8122 (RRR3)

Trend – Short term lower Mid Term Higher towards 8330

MID term

Long@7845 stop@7777 tgt open (filled and holding)

BOD (Buy on dips for we are expecting a sharp rise towards 8330)


Swiss (9311)

Support:
9254 (S1)
9190 (SS2.)
9122 (Major Sup)

Resistance:
9363 (Res1)
9427 (RR2)
9506 (RES3)

Strategy Side Line

Buy/Long

Day trade

Futures swiss short@10819 stp@10843 tgt 10735

Mid term

Side line before Any clear direction


Dec Futures Cad $ (10186)

Flat

Support:
.10129 (S1)
.10064 (Sup2.)
.9978 (Major Sup)

Resistance:
10267 (R)
1.0289 (Res2)
1.0334 (Res3)

Day TRADER

BOD near 10015 Stp@9989 Tgt open


Ausie $ (10377)

Support:
1.0316 (S1)
1.0243 (Sup2.)
1.00167 (Major Sup)

Resistance:
1.0388 (Res1)
1.0412 (Res2)
1.0472 (Res3)

Trend - Flat

Strategy

Short on strentgth around 10500 Stop@10543 tgt 10312


GOLD (1762)

Strategy BOD (Buy on Dips) Adeep correction around 1700

Support:
1744 (S1) 1710 (S2)
1673 (Major Sup)

Resistance:
1772 (Res2)
1792* (Res3)
1818*** (Res3)

Buy near 1672 zone stop@1662.7 tgt 1719

High Risk Trader

Short@1773.7 Stp@1782.7 Tgt 1738


SILVER (3432)

Flat

Support:
3382 (S1)
3307 (s2)
3243 (Major Sup)

Resistance:
3448 (Res)
3493 (RR)
3569 (Major resistance)

Strategy

Short @3477 stop @3493 tgt 3397

Aggressive Trader buy @3152 stp @3138 Tgt 3242


ES (MINI Sp500) (1448)

Trend Flat

Strategy (Sos) Short on strength

Support:
1441 (S1)
1421 (s2)
1406 (Major Sup)

Resistance:
1458 (RR)
1468 (Major resistance)
1475**********

Strategy

short@1458 stop@1462.25 tgt open


Crude OIL OCT (9182)

Strategy

Support:
9090 (S1)
8940 (S2)
8755 (Major Sup)

Resistance:
9263 (Res)
9412 (Res2)
9589 (Major resistance)

Strategy

Short@9374 stp@9448 tgt 9065

buy@8855 stp@8777 tgt open

Time line For ----

No time line for Today