Goldman Sachs Spot Desk Strategies

OVERVIEW => We stay light and flexible, with a short bias on EURUSD and a long one on AUD. Focus on:  BoE’s meeting , ECB minutes, FOMC minutes, and speeches of Fed’s Bullard, Kocherlakota and Williams. 
{AU} AUDUSD Higher => We are biased for higher Aussie. 0.7145/50 is the revised support zone with 0.7235 double top from yesterday capping a micro rally ahead of the 0.7280 post FOMC highs. 
{JN} USDJPY Higher=> We like to buy the pair on dips. Key levels: 119.25 and 118.68 on the downside while resistance is at 120.57/60 and 121.00 above. 
{EU} EURUSD Lower => We like EURUSD lower. Key levels for the session: support at 1.1160 and 1.1087 while resistance is at 1.1330 post NFP. 
{NZ} NZDUSD Higher => Kiwi resistance at 0.6647, y/day’s high and 0.6770 above with support at 0.6570. 
{GB} GBPUSD Neutral => We see Cable support at 1.5140 with resistance at 1.5340. EURGBP 0.73345 – 0.7442. 
{CA} USDCAD Neutral => Key levels for the session: resistance at 1.3353 with support at 1.30 and 1.2950 below (y/day’s low at 1.2972). 
{SZ} USDCHF Neutral => Key technical levels for the session: support remains at 0.9647 and 0.96 below while resistance is at 0.9720.

The post Goldman Sachs Spot Desk Strategies appeared first on www.forextell.com.

Leave a Reply

Your email address will not be published.