Good day, traders! Today's the last day of the trading week, so try your best to earn as much profit as possible. Good luck and have an awesome weekend! :)
GBP/USD Update
During the course of Thursday's session, this currency pair initially declined but found enough support to turn things around. Today, GBP/USD is trading at 1.56046 and is in selling condition.
GBP/USD Chart
Gold Update
In yesterday's session, gold markets broke lower, pulling back from Wednesday's substantial upward move. Today, the yellow precious metal is trading at 1115.04 and we feel that it will inch lower during the course of this session. Thus, we recommend selling gold.
Gold Chart
Oil Update
During the course of the session on Thursday, the oil market dropped, slamming into the $42 region. We expect some sort of volatility in the market during today's session, but overall, oil is in a downward trend. Currently, it is trading at 44.92 and we recommend selling this commodity.
Oil Chart
USD/JPY Update
Yesterday, USD/JPY tried to climb, but struggled as it found resistance above. Today, this forex pair is trading at 124.371 and we feel that it will go up. Hence, we recommed buying USD/JPY. Please refer to the chart below for the technical analysis.
http://ift.tt/1HLxIeB
USD/JPY Chart
GBP/USD Update
During the course of Thursday's session, this currency pair initially declined but found enough support to turn things around. Today, GBP/USD is trading at 1.56046 and is in selling condition.
GBP/USD Chart
Gold Update
In yesterday's session, gold markets broke lower, pulling back from Wednesday's substantial upward move. Today, the yellow precious metal is trading at 1115.04 and we feel that it will inch lower during the course of this session. Thus, we recommend selling gold.
Gold Chart
Oil Update
During the course of the session on Thursday, the oil market dropped, slamming into the $42 region. We expect some sort of volatility in the market during today's session, but overall, oil is in a downward trend. Currently, it is trading at 44.92 and we recommend selling this commodity.
Oil Chart
USD/JPY Update
Yesterday, USD/JPY tried to climb, but struggled as it found resistance above. Today, this forex pair is trading at 124.371 and we feel that it will go up. Hence, we recommed buying USD/JPY. Please refer to the chart below for the technical analysis.
http://ift.tt/1HLxIeB
USD/JPY Chart
Daily outlook - market events today august 14, 2015
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