Daily Market Review – 01/06/2015
The EUR / USD week opened with a small drop, but the pair found support at 1.0925 (the lower pink channel line and moving average support MA100- blue on the graph). You can consider buying with the immediate goal of 1.1000 and then to the upper boundary of the channel rose.
Resistance: 1.1000, 1.1180-1.1200.
Support: 1.0925-1.0900, 1.0865, 1.0815-1.0800.
Recommendations: buy to 1.1000.
Russia markets are off today. The general trend – growth to the strategic target of 60.00.
Resistance: 53.00-53.10, 54.00, 55.00.
Support: 52.00, 51.00, 50.20-50.00.
Recommendations: buy on dips.
The wide market United States Index (S&P500) opened with continued growth. This week will see data on International Trade (April) and Nonfarm Payrolls (April) published which could have decisive impact on future market movements. Consider buying a first target at 2122.00.
Resistance: 2120-2122, 2133-2133.5.
Support: 2102- 2100, 2090, 2080.
Recommendations: buy to 2120-2122.
Oil futures opened a gap down. Friday’s rise was due to the release of data on the reduction of commercial oil stocks in the United States. But the market has fully played the news and is likely to continue the downward trend.
Resistance: 66.00-66.20, 66.80-67.00.
Support: 65.00, 64.50, 64.00-63.80, 62.70-62.50.
Recommendations: sales by passing 65.00.