TC FX Analysis

Date:2018/9/19 EUR/USD Intraday: key resistance at 1.1685.

EUR/USD Intraday: key resistance at 1.1685.
Pivot: 1.1685

Our preference: short positions below 1.1685 with targets at 1.1650 & 1.1635 in extension.

Alternative scenario: above 1.1685 look for further upside with 1.1700 & 1.1725 as targets.

Comment: the RSI is capped by a declining trend line.

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: further advance.
Pivot: 1.3130

Our preference: long positions above 1.3130 with targets at 1.3195 & 1.3220 in extension.

Alternative scenario: below 1.3130 look for further downside with 1.3100 & 1.3075 as targets.

Comment: the RSI is bullish and calls for further advance.

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: the upside prevails.
Pivot: 0.7200

Our preference: long positions above 0.7200 with targets at 0.7245 & 0.7260 in extension.

Alternative scenario: below 0.7200 look for further downside with 0.7185 & 0.7165 as targets.

Comment: the RSI is bullish and calls for further upside.

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: the upside prevails.
Pivot: 112.15

Our preference: long positions above 112.15 with targets at 112.50 & 112.70 in extension.

Alternative scenario: below 112.15 look for further downside with 112.00 & 111.85 as targets.

Comment: the RSI lacks downward 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

Gold spot Intraday: supported by a rising trend line.
Pivot: 1196.00

Our preference: long positions above 1196.00 with targets at 1203.50 & 1205.00 in extension.

Alternative scenario: below 1196.00 look for further downside with 1192.50 & 1190.00 as targets.

Comment: the RSI is bullish and calls for further advance.

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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