TC FX Analysis

Date:2018/6/27 EUR/USD Intraday: watch 1.1630.

EUR/USD Intraday: watch 1.1630.

Pivot: 1.1685

Our preference: short positions below 1.1685 with targets at 1.1630 & 1.1600 in extension.

Alternative scenario: above 1.1685 look for further upside with 1.1720 & 1.1755 as targets.

Comment: a break below 1.1630 would trigger a drop towards 1.1600.

Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point  | Black represents the price when the report was produced

GBP/USD Intraday: under pressure.

Pivot: 1.3255

Our preference: short positions below 1.3255 with targets at 1.3190 & 1.3145 in extension.

Alternative scenario: above 1.3255 look for further upside with 1.3290 & 1.3315 as targets.

Comment: as long as the resistance at 1.3255 is not surpassed, the risk of the break below 1.3190 remains high.

Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point  | Black represents the price when the report was produced

AUD/USD Intraday: key resistance at 0.7405.

Pivot: 0.7405

Our preference: short positions below 0.7405 with targets at 0.7380 & 0.7370 in extension.

Alternative scenario: above 0.7405 look for further upside with 0.7420 & 0.7435 as targets.

Comment: as long as the resistance at 0.7405 is not surpassed, the risk of the break below 0.7380 remains high.

Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point  | Black represents the price when the report was produced

USD/JPY Intraday: target 110.30.

Pivot: 109.80

Our preference: long positions above 109.80 with targets at 110.30 & 110.55 in extension.

Alternative scenario: below 109.80 look for further downside with 109.55 & 109.35 as targets.

Comment: the break above 109.80 is a positive signal that has opened a path to 110.30.

Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point  | Black represents the price when the report was produced

Gold spot Intraday: the downside prevails.

Pivot: 1262.50

Our preference: short positions below 1262.50 with targets at 1254.50 & 1252.00 in extension.

Alternative scenario: above 1262.50 look for further upside with 1267.00 & 1270.00 as targets.

Comment: the RSI lacks upward momentum.

Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point  | Black represents the price when the report was produced

Any information contained in this report should not be deemed to constitute investment advice and should not be relied upon as the basis for a decision to place a trade, or as the basis for any financial or investment decision.

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