Hi Traders,
Welcome to Monday in Brief. Please, see the charts after the short comment. Some targets below might take a while to be fetched. For more info, fell free to call Jade Capital Partners
In Brief:
The AUDUSD (now at 0.7234) seems to be retracing a bit down to 0.7155 and then top around 0.7300. Subsequently it should resume the downtrend to 0.6855.
If the EURUSD (now at 1.0634) bottoms down at 1.0566, it should start a rebound up to 1.1041-1.1090. If it goes through that support at 1.0566 it might move down to 1.01-1.02.
GOLD (now at 1077) might temporarily move up a bit but is still weak and heading down to the area at 1041-1.034 or even 1009-989 before starting the new uptrend.
Finally, even if the SPI200 (now at 5265) retrace a bit to 5160-5147, it should reach the target at 5650-5687 very soon.
AUDUSD daily, click to enlarge
GOLD weekly, click to enlarge
SPI200 weekly, click to enlarge
