Daily Technical Analysis Levels Daily Technical Analysis Levels

for 25 August 2014 for 25 August 2014

Prepared by Nicola Due Prepared by Nicola Due

Page 2 !"P#$D %#&#$D
Page ' A#D#$D #$D(P)
Page 4 %#&!"P #$D*+,
Page 5 #$D*AD %#&(P)
Page - !old .T/ 0il
Page 1 DA2 $3P500
Taling4,ore5 is uni6ue in that it is the only audio service in the 7orld that is available 24 hours a day and e5clusively
for ,2 traders8 /t is delivered by our highly silled tea9 of Taling4,ore5 analysts around the cloc fro9 $unday
evening through to ,riday evening8 %very 9e9ber of our tea9 has a different 9aret speciality and each one has a
nu9ber of years e5perience 7oring for an invest9ent ban: hedge fund or financial ne7s agency8
;ost i9portantly Taling4,ore5 analysts are co9pletely independent and neutral in their opinions8
GBPUSD
After t7o days of side7ays bearish consolidation last 7ee <possibly bear flag= cable has broe
a7ay gap lo7er $unday night into support8
Traders 7ho lie bounce trades 7atch the price action here for a 9ove higher to retest 18--'04
50 level8
+ourly vie7
&esistance 18-5-' 18--'0<9a>or= 18--50 18--- <9a>or=
$upport 18-554-5: 18-521: 18-45045-<9a>or= 18-'15 18-2?'<9a>or 3 short s7ing target=
EURUSD
Daily vie7 continued selling ,riday follo7ed by a bear flag into the close @ bearish but has 9et
the flag pole ob>ective so could bounce to retest previous support before lo7er8
+ourly vie7
$upport 18'15- 18'14?<9a>or= 18'011<9a>or=
&esistance 18'241<9a>or= 18''00 18''1-
AUDUSD
Daily vie7 Price action is bullish off the A2'1 level but 7e need to get trading above A'4- to
really start the party <target 7ould be A450= .edge pattern trade 888
,our +ourly Bie7
&esistance 08A'2?<9a>or= 08A'4? 08A'1' 08A410 08A45-
$upport 08A2?1 08A2'? 08A20?<9a>or= 08A1''
USDJPY
Daily vie7 ,riday 7as a hugely volatile long legged do>i day and $unday night sees us gap above
those e5tre9e highs8 /f you are not already long hard to buy here 7ithout so9e good
consolidating first8 10'80A should be good support on any retest8 DonCt fight the trend <for no7=
,our +ourly Bie7
$upports 10'815<9a>or= 10'845 10'80-
&esistance 10480'<9a>or= 104810 1048??
EURGBP
Daily vie7 D continued side7ays consolidation still bodes 7ell for %#&!"P longs8 +as gapped
lo7er to very good support at 1A10 to buy or bull flag could see another leg lo7er to 081A4A to
buy and a close belo7 that 9eans 9y bullish vie7 is 7rong8
4 hour chart vie7
$upport 081A144?0<9a>or= 081A4A454 081A'04'4
&esistance 081AA1 08?0'5<9a>or= 08?014<9a>or=
USDCHF
Daily vie78 "ull flag pattern broe higher and $unday night open gap even higher8
"ull flag pattern pro>ects 08A'
,our +ourly chart vie7
$upports 08A2104?0 08A'<9a>or=
&esistance 08A14-<9a>or= 08A15-<2014high= 08A1154?0<9a>or=
USDCAD
Daily Bie7 inside day and no follo7 through on the triple top off good level 180A?2
+ard to say sell this 7hen the #$ dollar is so strong against everything else E Patience needed8
,or ;onday 10A1041' should hold as resistance to sell8
,our +ourly vie7
$upport 180A1?421 180?10 180?44450 180?04 <9a>or=
&esistance 180A104' 10A8?5 18102- 181055 1811'5 1811??4181200<9a>or=
EURJPY
Double topped at 18'? needs confir9ation8 No daily trend change to bullish belo7 18'?
,our +ourly vie7
$upports 1'1842 1'1810 1'-8?4
&esistance 1'1810 1'?800 1'?824 <200A triple top=
GOLD
Daily vie7 D bearish day into support area 7hich 7as (an high and ;archFApril lo7s8 A good
level to buy off if the dollar rally slo7s8 +o7ever buyers be7are the 7edge pattern line fro9 (an
lo7s is a bit lo7er E +ourly price action is a 7edge 7hich is very tradeable here
+ourly +our vie7
&esistance 12A2 12A- 1'01<9a>or=
$upports 121? 121?<9a>or= 12-? 12-5 12'?<9a>or=
OIL #$ .T/ crude
Daily Bie7 D bearish inside day after support at A2810 9eant a close close to the 7eely lo7s8
0versold but A5800 3 A582' loos lie good areas to reload shorts for A18-0 !ood level for
bounce longs but not a good enough level for s7ing longs yet8
+ourly chart D 7edge
$upport A'811 A2811 A1850<9a>or= A182'<(an lo7=
&esistance is at A5800425 A58A0 A-850 A18'5 AA8004AA8'0<9a>or= AA8?0
DAX
Daily vie7 D 7e broe above the '?82fib A''5 resistance and this should no7 be support for a
9ove to A415 <50G retrace9ent=
,our +ourly vie7
$upport at A250 A115<9a>or= A0?- A050<9a>or= ?A0A
&esistance A''?450<9a>or= A411 A41'<9a>or=
S&P
Daily vie7 D At ne7 highsH The pattern in the $3P see9s to be to 9ae 9arginal ne7 highs then
sell off hard before continuing higher8 "e readyH .atching the price action and the rising 7edge
,our +ourly vie7
&esistance 1AA' 2000401 2011<9a>or=
$upport 1AA1 1A?04?'<9a>or=: 1A1? 1A50 1A44<9a>or= 1A'0
444444444444444444444444444444444