TC FX Analysis

Date:2019/2/27 GBP/USD Intraday: the upside prevails.

EUR/USD Intraday: further advance.
Pivot: 1.1365

Our preference: long positions above 1.1365 with targets at 1.1415 & 1.1435 in extension.

Alternative scenario: below 1.1365 look for further downside with 1.1345 & 1.1325 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

 

GBP/USD Intraday: the upside prevails.
Pivot: 1.3190

Our preference: long positions above 1.3190 with targets at 1.3330 & 1.3375 in extension.

Alternative scenario: below 1.3190 look for further downside with 1.3140 & 1.3100 as targets.

Comment: the RSI advocates 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

 

AUD/USD Intraday: further advance.
Pivot: 0.7160

Our preference: long positions above 0.7160 with targets at 0.7205 & 0.7245 in extension.

Alternative scenario: below 0.7160 look for further downside with 0.7140 & 0.7120 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 downside prevails.
Pivot: 110.75

Our preference: short positions below 110.75 with targets at 110.40 & 110.25 in extension.

Alternative scenario: above 110.75 look for further upside with 110.90 & 111.05 as targets.

Comment:the RSI calls for a new downleg.

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: turning up.
Pivot: 1324.50

Our preference: long positions above 1324.50 with targets at 1333.00 & 1336.00 in extension.

Alternative scenario: below 1324.50 look for further downside with 1321.00 & 1317.00 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.

Revisit Appointment

  • Our service time is 09:00-22:00,
    Monday to Friday (GMT+8)

User experience score