broke the 1.1200 on the upside and is trading above 1.1250. The next resistance is seen at 1.1357 (76.4% Fibonacci retracement on December to May rise). Above this level, the pair could further rise towards 1.1500 and the 1.1615 top level (May 3rd high). The downside is expected to remain limited and the major support is seen at 1.1140 (200-day moving average).
extended losses to 100.15, bringing the 100 level dangerously on the radar. The next support is the critical 100.00/99.99 (July 8th low). Breaking below this level, the pair could further fall to 98.99 (June 24th low). Only clearing the 101.41 (August 15th high) could bring some traders back to the buy side and support a recovery to 102.65 (August 8th high), before 103.25 (50-day moving average). Cable
bounced off the 1.2873 low and gained a figure on the back of a than expected inflationary data in the UK. GBPUSD is ready to test the 1.3000 resistance. Clearing the 1.30 barrier should lead to a further extension toward 1.3100 / 1.3310 (50-day moving average). The first support is eyed at 1.2849 (July 11th low). Below this level, the pair could get back to its mid-term bearish trend, towards 1.2500. Aussie
accumulated gains for the second session. The pair is expanding above the 0.7700 mark. The next resistance is seen at 0.7755 (August 10th high). Above this level, we could see a further rise towards 0.7834 (April 21st high). The downside is expected to remain limited, with the first support presumed at 0.7636 (August 15th low). Below this level, the pair could slide to 0.7600 then to 0.7545 (50-day moving average). Gold
gained $10 an ounce on Tuesday. Surpassing the $1357 resistance (August 10th high), the price could make a fresh attempt to 1374 (July 11th high) before the $1400 mark. First support is eyed at $1325 (50-day moving average), a break on the downside could bring the precious metal down to $1310 (July 21st low). WTI
surpassed the 46.00 level. Trend and momentum indicators remain bearish for a further rise to $47.00 and $47.65 (July 13th high) before a new attempt towards $50 mark, where WTI traded pre-Brexit. The next support is seen at $44.88 (50-hour moving average). Below, we could expect a further retreat towards $43.66 (100-hour moving average).