07/05/2015
Tips for the Day.
07-May-2015
GOLD STRATEGY
Resistance Levels: Neutral
$ 1192 - $ 1198 - $ 1211 Sell below $1211, using a stop loss of $1225, targeting $1182-74.
Support Levels:
Buy above $1174, using a stop loss of $1161, targeting $1198-1211.
$ 1182 - $ 1174 - $ 1161
SILVER STRATEGY
Resistance Levels:
Neutral
$ 16.64 - $ 16.86 - $ 17.13 Sell below $16.64 using a stop loss of $16.86, targeting $16.43-16.24.
Support Levels: Buy above $16.24 using a stop loss of $16.07, targeting $16.64-16.86.
$ 16.43 - $ 16.24 - $ 16.07
CRUDE OIL STRATEGY
Resistance Levels:
Neutral
$ 61.45 – $ 64.14 - $ 65.72 Buy above $58.22, using a stop loss of $55.70, targeting $61.45-64.14.
Support Levels: Alternatively, failure to sustain above $60 might call for $58.
$ 59.95 - $ 58.22 - $ 56.49
AUD / USD STRATEGY
Resistance Levels: Neutral
$ 0.8020 - $ 0.8090 - $ 0.8170
Buy above $0.7840, using a stop loss of $0.7755, targeting $0.8020-0.8090.
Support Levels: Alternatively, failure to sustain above $0.7940 might call for $0.7880.
$ 0.7940 - $ 0.7880 - $ 0.7840
GBP / USD STRATEGY
Resistance Levels: Neutral
$ 1.5270 - $ 1.5304 - $ 1.5350
Buy above $1.5120, using a stop loss of $1.5070, targeting $1.5270-1.5300.
Support Levels: Sell below $1.5300, using a stop loss of $1.5475, targeting $1.5120.
$ 1.5198 - $ 1.5120 - $ 1.5070
EUR / USD STRATEGY
Resistance Levels: Buy on Dips
$ 1.1398 - $ 1.1531 - $ 1.1618 Buy above $1.1060, using a stop loss of $1.0910, targeting $1.1400-1.1530.
Support Levels: Alternatively, failure to sustain above $1.1260 might call for $1.1170.
$ 1.1263 - $ 1.1171 - $ 1.1057
USD / JPY STRATEGY
Resistance Levels: Neutral
119.90 -120.73 – 121.60 Sell below 120.70, using a stop loss of 121.60, targeting 119.45-118.60.
Support Levels: Buy above 118.60, using a stop loss of 117.60, targeting 119.90-120.70.
119.45 – 118.60 – 117.60
Dow Jones 30 STRATEGY
Resistance Levels: Neutral
17860 - 17925 – 18040
Sell below 17925, using a stop loss of 18040, targeting 17780-660.
Support Levels:
Buy above 17660, using a stop loss of 17540, targeting 17925-18040.
17780 – 17660 - 17540
S&P 500 STRATEGY
Resistance Levels: Neutral
2087.95 – 2098.11 - 2116.00
Sell below 2098, using a stop loss of 2116, targeting 2075-62.
Support Levels:
Buy above 2062, using a stop loss of 2053, targeting 2087-98.
2075.03 – 2062.49 – 2053.26
Nasdaq 100 STRATEGY
Resistance Levels: Neutral
4391.46 – 4418.31 – 4460.74
Sell below 4418, using a stop loss of 4460, targeting 4360-35.
Support Levels: Buy above 4335, using a stop loss of 4305, targeting 4390-4420.
4362.87 – 4335.01 – 4305.01