Daily Market ReviewMarket Review was generated at 09.30 GMT+2 on Monday 27th of March 2016 By Michalis Markides

General Market NewsApril kicks off with a busy day of economic news, including the March update on unemployment in the Eurozone. Later, two US numbers will receive close attention for revising the economic outlook: the ISM Manufacturing Index for March and construction spending in February. A respectable 61% of investors made money in March, though one of the most buzzed-about IPOs in some time, from Snapchat’s Snap Inc., stung many individual investors, according to Openfolio. Top stocks among investors who were profitable last month were Apple AAPL, -0.19% , Facebook FB, -0.25% , Amazon AMZN, +1.16% , Tesla TSLA, +0.14% and Google-parent Alphabet GOOGL, -0.20% , Openfolio said in its monthly report. Apple and Facebook ranked as the No. 1 and No. 2 most-popular stocks last month. Top stocks of those investors who lost money were: Ford F, -0.34% , GE GE, -0.23% , Bank of America BAC, -1.17% , Twitter TWTR, +0.20% and Snap SNAP, +1.35% . Tesla Inc. set a record for deliveries and production in the first quarter, beating analysts’ estimates as Chief Executive Officer Elon Musk prepares to begin building the Model 3 in July. The maker of electric cars and energy-storage devices shipped just over 25,000 vehicles in the year’s first three months, Palo Alto, California-based Tesla said in a statement Sunday. That topped the average forecast of 24,200 from three analysts and should bolster confidence in Tesla’s target of delivering as many as 50,000 autos in this year’s first half.Forex NewsThe Sterling has started the weak on a dubitative fashion, prompting GBP/USD to gravitate around the mid-1.2500s ahead of the opening bell in Euroland. It’s PMI-day in pretty much the whole FX universe. Market participants are currently expecting UK’s Manufacturing PMI to have reverted the downtrend seen in past months during February (55.1 exp. vs. 54.6 prev.) lending at the same time some extra support to GBP. The USD/JPY pair managed to recover early lost ground to 111.15-10 area and has now moved into positive territory to currently trade absolutely unchanged around 111.40-45 region. The AUD/USD pair is seen accelerating the downside as the European traders hit their desks and react to the worse-than expected Australian retail sales print, which knocked-off the rate to lows at 0.7600 levels. The USD/CAD pair caught some fresh bids near 100-day SMA support and has now reversed weekly bearish gap to currently trade around 1.3325 region.

Metals and Commodities NewsCrude-oil futures held steady on Monday after logging their strongest week of the year last week, bolstered by increasing optimism that major producers will keep output capped in the second half of the year. The bullish sentiment is also driven by views that despite rebounding U.S. production, output growth there isn’t fast enough to come close to offsetting the cuts being made by the Organization of the Petroleum Exporting Countries and others. Gold prices held firm on Monday after marking their best quarter in a year, supported by uninspiring economic data from the US and dovish remarks from a Federal Reserve official on Friday. Spot gold was mostly unchanged at $1,248.21/oz at 3.29am GMT, while US gold futures were also flat at $1,250.60.

Name S3 S2 S1 Pivot Points R1 R2 R3

EUR/USD 1.0648 1.0654 1.0662 1.0668 1.0676 1.0682 1.0690

USD/JPY 110.88 111.05 111.16 111.33 111.44 111.61 111.72

GBP/USD 1.2503 1.2517 1.2528 1.2542 1.2553 1.2567 1.2578

USD/CHF 1.0007 1.0012 1.0018 1.0023 1.0029 1.0034 1.0040

USD/CAD 1.3281 1.3290 1.3309 1.3318 1.3337 1.3346 1.3365

EUR/JPY 118.41 118.55 118.63 118.77 118.85 118.99 119.07

AUD/USD 0.7613 0.7621 0.7625 0.7633 0.7637 0.7645 0.7649

NZD/USD 0.6979 0.6988 0.6995 0.7004 0.7011 0.7020 0.7027

EUR/GBP 0.8486 0.8491 0.8499 0.8504 0.8512 0.8517 0.8525

EUR/CHF 1.0678 1.0682 1.0688 1.0692 1.0698 1.0702 1.0708

GBP/CHF 1.2541 1.2552 1.2560 1.2571 1.2579 1.2590 1.2598

GBP/JPY 139.04 139.27 139.40 139.63 139.76 139.99 140.12

Gold 1246.74 1248.12 1249.24 1250.62 1251.74 1253.12 1254.24

Silver 18.179 18.208 18.222 18.251 18.265 18.294 18.308

Brent Oil 53.23 53.34 53.40 53.51 53.57 53.68 53.74

Crude Oil 50.36 50.47 50.53 50.64 50.70 50.81 50.87

Daily Support and Resistance LevelsDate Time

(GMT)Cur. Impact Event

MonApr 3

9:00am EUR Low Final Manufacturing PMI

9:00am EUR Low Italian Monthly Unemployment Rate

9:30am GBP High Manufacturing PMI

3:00pm USD High ISM Manufacturing PMI

3:30pm CAD Medium BOC Business Outlook Survey

3:30pm USD Medium FOMC Member Dudley Speaks

Economic Calendar

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Risk Warning: The trading of complex financial products such as foreign exchange, CFDs and Binary Options involves a high level of risk and may not be appropriate for all investors. There is possibility that investors may lose more than their initial investment.Disclaimer: The information in this review comprises market updates and personal opinions and should not be taken or misunderstood as investment advice.