Currencies Review

EUR/USD pair is trading abruptly up when viewed via 30 minute time frame. The upcoming resistance is at the level of 1.1440 and the support is expected at 1.0995.

USD/JPY pair is uniting, using the 30 minute time frame. The next resistance and support levels are 121.18 and 118.35, respectively.

GBP/USD pair has ended its up-going trend using the 30 minute time frame. The upcoming resistance is around 1.5498 and support at 1.5117.

Indices

Last week ended for Asian Markets on rather low note topping up the losses. Hang Seng index, while giving a great performance during the session, closed with a loss of 0.94%. The last week has been rough of the index, summing it to almost 10.36% loss.

European indices FTSE 100 index closed the week with 0.15% loss, however overall performance of the index in the past 5 days shows 3.05% increase.

US futures proved to be flat due to US ISM data. NASDAQ closed with the worst numbers last week of 1.65% loss.

TOP News

The Australian PPI q/q showed higher results of 0.5%, while predicted to be at 0.2%.

The GBP manufacturing PMI showed lower than expected numbers of 51.9, predicted at 54.6.

The MT4 money supply m/m showed higher reading of 0.3%, while forecasted at -0.2%.

Market Sentiment

Gold is under a lot of pressure these days trading lower than 50 and 100 day moving average.

Crude Oil is going upward on the 30 minute time frame.

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