Goldman Sachs Spot Desk Strategies

OVERVIEW => US Equity traded up and the Dollar was bid on the day as markets settled from last week’s dovish Fed announcement. Lockhart was on the hawkish tone and Yellen this Thursday remains the next big catalyst. Today we have US Richmond Fed Manufact. Index and Euro area Consumer Confidence. 
{GB} GBPUSD Neutral => We favor SHORT EURGBP. Levels: 1.5480 held yesterday below with resistance still 1.5659. EURGBP 0.7177 – 0.7240/60. 
{AU} AUDUSD Lower => Key levels for the session: 0.7130 support with 0.7280 resistance topside. 
{CA} USDCAD Higher => Key levels: resistance at 1.3250 and then 1.3310 above while 1.3073 holds as support. 
{NZ} NZDUSD Lower => Key levels: support at 0.6312/00 and resistance at 0.6450. 
{EU} EURUSD Neutral => Key levels: 1.1120/50 on the downside and then 1.0930, while the resistance holds at the FOMC spike 1.1430. 
{JN} USDJPY Neutral => Dip buyers will likely emerge down towards 119.70/80 and then 118.90/119.05 with 121.00/30 still resistance above on the run to 121.70/80. 
{SZ} USDCHF Neutral => Key technical levels for the session: support at 0.9765 and 0.9680 while resistance stays at 0.9822. 

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