8/11/2019 Markets DailyCharts 14August

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Technical Charts Daily view for 14 August 2014Prepared by Nicola Due

Page 2 !"P#$D % '#$DPage ( A#D#$D % #$D)P*Page 4 '!"P % #$DC+,

Page - ')P* % !oldPage . /T il % DA

Page 3 $%P-00 % $ilver

et 5e now if you would lie a chart for anything else6

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GBPUSDDaily view

The support has gone and long bearish 5arabu7o candle6 Cable on the way to 16888 support butfirst ,ibonacci target is 1688(0 92(68 fibo fro5 201( low:

,our +ourly view

;arabu7o candles often have support resistance at the -0< of the open close for a retrace5ententry short6 ts called the =5arabu7o line> % is at 168.43'esistance 168.4895a?or: 168.8.9last wees low: 168818$upport 168880 % 1688(0

EURUSD

Daily view

;ultiple tests of 16((( are holding but no fuel for a s@uee7e yet and no brea of the support forshorts6 $hort ter5 still prefer a retrace to 16(40 but as a counterBtrend trade but we shouldpay attention to the trend a brea of that level would see '#$D continue lower to support

and interi5 target of 16(1-0,our +ourly view

/edge consolidation pattern could also be a bear pennant6 Trade the 5argins to stay within ortrade a brea$upport 16(((- 95a?or: 16(1-095a?or:

'esistance 16((-0 16(4-0 16(-0 95a?or:

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AUDUSD

Daily view"ullish 5arabu7o day B "ullish gartley fibonacci pattern fro5 the April lows and bullish ha55erfro5 ,riday continue to wor6 After a big up day we can eEpect so5e bac and fill which shouldbe contained by -0< retrace of yesterdays openBclose

,our +ourly Fiew

'esistance (1. (2395a?or: (-. 95a?or:;a?or support below at 200 and 1(0 ;inor support 233 % 2.0

USDJPYDaily viewAfter last wees sharp declines it eeps grinding bac higher6 /e are now at 102680 resistance6

A rollover here could see another leg lower 9bac to 101 range botto5:,our +ourly Fiew

This 10262-B(0 level has been pivotal resistance since ,ebruary now we have broen it shouldbe support on a retest6$upports 102643 % 1026(0 95a?or:'esistance 10266.4 95a?or: 102630 10(600 95a?or: 10(611

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EURGBP

Daily viewCountertrend bullish pattern triggered nicely and an interi5 botto5 appears to be in place606.30 resistance should be support on a retest64 hour chart view

$upport ..95a?or: .30 .83'esistance 30(0 308895a?or: 31--95a?or:

USDCHF

Daily view6

ie '#$D we are at one of those places where the 5aret could reverse but instead is goingsideways6 $tarting to loo lie a dia5ond which can be a reversal or continuation6

,our +ourly view

Trading off the top or botto5 of the range or waiting for pattern resolution see5s to be best6

0.2 pivot$upports 060-0 060( 06018B195a?or support 7one:'esistance 060. 0611(95a?or:

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EURJPY

Daily viewie '#$D yesterdayGs rally did not brea any technical levels to give conviction longs yet6Consolidation % holding support6 ong targets re5ain 1(8620A reversal higher here targets 1(600

,our +ourly view

$upports 1(.600 1(863- 1(86.8'esistance 1(.612 95a?or: 1(.6-0B8095a?or: 1(3600

GOLD

Daily view$till consolidation6 The head and shoulders reversal we were watching appears to now be apennant which is easier to trade with the trend6 A brea lower is a buy at 12- breaout retest6A brea higher is a good long entry with target of 1(80

,our +ourly view

'esistance on a brea 1(24B2- 1(42

$upports 1(00 12-95a?or:

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OIL#$ /T crude

Daily Fiew H No change still consolidating while "rent sells offf we botto5 820B40 then its an A"C or A"ICD correction which is bullish6,our +ourly view

;id range pivot is .-0;a?or $upport 861- % -63.6 ntraBday support today .600 8630

'esistance is at 3610 3680 % 600B6(095a?or:

DAX

$tays bullish consolidating above the ey 30 level6

Daily view

"ullish piercing line candle pattern still woring for 5ini5u5 target of ((- then 820+ourly view

This pattern loos fa5iliarJ

"ac below the 0(0 level today sets up a retest of the lows"rea above the necline says 411 neEt but 820 loos sure6

$upport at 0(0 340 % 332'esistance targets (0( 412 % -2.

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S&P

Daily view$till bullish and rallying off ,ridays low now stopped at resistance previously the )uly low,our +ourly view

'esistance 1-36-95a?or: 1.0 1.395a?or:

$upport 14295a?or: 12.6-0 122

SILVER

Daily view K - inside days in a row sitting on 130 support and then another foray below to

collect the stops 5ight send us higher today6 $ilver is storing up energy for a 5ove still6

+ourly chart B

There is the range KntraBday levels to watch 1.(9range botto5: 160 16. 20608 20129range top:$upport below 1.3 is at 188 % 1--Above 2012 resistance is at 2062 % 20640 95a?or:

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