TC FX Analysis

Date:2019/2/13 USD/JPY Intraday: bullish bias above 110.30.

EUR/USD Intraday: further upside.
Pivot: 1.1305

Our preference: long positions above 1.1305 with targets at 1.1350 & 1.1370 in extension.

Alternative scenario: below 1.1305 look for further downside with 1.1285 & 1.1270 as targets.

Comment: the RSI calls for a new upleg.


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: continuation of the rebound.
Pivot: 1.2870

Our preference: long positions above 1.2870 with targets at 1.2910 & 1.2925 in extension.

Alternative scenario: below 1.2870 look for further downside with 1.2850 & 1.2830 as targets.

Comment: the RSI is above its neutrality area at 50%.


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: further advance.
Pivot: 0.7080

Our preference: long positions above 0.7080 with targets at 0.7120 & 0.7140 in extension.

Alternative scenario: below 0.7080 look for further downside with 0.7065 & 0.7050 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: bullish bias above 110.30.
Pivot: 110.30

Our preference: long positions above 110.30 with targets at 110.65 & 110.85 in extension.

Alternative scenario: below 110.30 look for further downside with 110.15 & 110.00 as targets.

Comment: the RSI calls for a bounce.


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: break of a ST rising trendline support.
Pivot: 1313.50

Our preference: short positions below 1313.50 with targets at 1308.00 & 1306.25 in extension.

Alternative scenario: above 1313.50 look for further upside with 1315.50 & 1317.00 as targets.

Comment: the RSI is mixed to bearish.


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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