Good day!

Last week single currency dropped therefore it will most likely go down next week as well. The asset will target the levels of about 1.1110 and may get support next to them, reversing and heading North afterwards:

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Based on the latest reports by COT CFTC, both large operators and hedgers kept shortening long and short positions although large operators tend to expand their large positions:

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The rate of British currency is heading down, targeting the support zone formed between the levels 1.2476-1.2428. Away from these levels the asset will eventually jump up:

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In the daily chart, gold repeatedly tested the resistance level of 1346.72 forming a shooting start with a long shadow. We assume that gold will drop till the level 1266.29 when the market opens. At that, asset’s rates may test the level of about 1346.72 or the middle point of falling candle, and then only head South:

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Let us remind you that this material is provided for informative purposes only and cannot be considered as a direct go ahead to implement transactions in the financial markets. Trading in the financial markets is very risky.