European Union failed to make a decision of toughening the sanctions against Russia on Tuesday. But even if they do it later, both of them would get negative consequences as they are tied with billion contracts.

Also happening today:

  • U.S. markets have set new record highs on the background of companies’ reports.
  • Asia closed indefinably, Australia is in its 6 years’ high after Inflation data outcome.

NASDAQ
 

AUD/USD

AUD/USD managed to keep the support of 0.93273 and brake the resistance of 0.94000. Now it’s getting closer to the July 1 high of 0.95040. If the price holds up above 0.94300-370 then we may expect the fast movement continuation and the retention of buyers’ sentiments.

AUDUSD

USD/CAD

USD/CAD looks ready for a new sales wave, as sellers were able to hold up 200 EMA penetrated on June 20. Then there were few days of falling to 1.06200. Now we have a series of falling highs — definite downtrend. If the price stays below 1.07300, then we may expect renewal of sales.

USDCAD

EUR/USD

EUR/USD has set the bottom. It’s a new low since November 2013. One of my rules is never chasing the price. Trades and clues for this fall were earlier, when the price broke a consolidation of 1.35900.

EURUSD

Gold

Despite Gold is acting chaotically in a wide range, it still looks like the ‘h’-pattern. Now it starts reversing downwards and we may expect the price acceleration after breaking through $1292. If the price brakes $1324.52, then we may see the high of $1339 to be tested.

GOLD

GOLD
 

Apple

Apple announced financial results for the III quarter of 2014 fiscal year ended June 28, 2014. The company's revenue for the quarter was $ 37.4 billion and net profit — $ 7.7 billion, or $ 1.28 per share. iPhone sales rose to 35.2 million units, compared to 31.2 million for the same quarter a year earlier. Mac computer sales rose to 4.4 million compared to 3.75 million a year ago. Sales of the iPad fell: for this quarter company sold about 13.3 million units, while the previous year it was 14.6 million. Sales of iPod players also fell — from 4.6 million to 2.9 million units.

As expected, sales of iPhone recovered the reduction of the iPad market share. The reaction was sluggish. After the closure, Apple shares rose above $95, but failed to hold up there and fell to $94. Trading plan you may see on the chart below.

Apple