SunBird

Daily Analysis 2014-05-01
 
EURUSD-The pair is at a two day high of 1.3870. If it crosses 1.3880, it may go up to 1.3960, the 50% Fibonacci.
 
If it crosses 1.3850, it may go down to 1.3825, the MA 200 on the 1-hour graph, and then to 1.3785.
 
GBPUSD- The pound is still looking strong against the dollar. If it crosses 1.6900, it can go up to 1.6990.
 
If it crosses the support point at 1.6855, it may go down to 1.6830, followed by 1.6800, the MA 200 on the 1-hour graph.
 
GBPJPY-The resistance point for this pair is at 172.82. If the pair crosses the point, it can go up to 173.60.
 
The support point is at 172.17, the MA 200 and 100 on the 1 hour graph. If the pair crosses that, it may reach 171.50, the MA 100 on the 4-hour graph.
 
AUDUSD- The pair is currently above the MA 200 of 0.9293 on the 1 hour graph. It may move up to 0.9330, which is the MA 100 on the 4-hour graph.
 
The support point is at 0.9271, the MA 100 on the 1-hour graph. If the pair crosses it, the next point is at 0.9245, the MA 200 on the 4-hour graph.
 
 
 
Important data for today:
 
GBP-11:30- Manufacturing PMI
 
USD-15:30- Fed Chair Yellen Speaks
 
17:00- ISM Manufacturing PMI