TC FX Analysis

Date:2019/6/19 EUR/USD Intraday: under pressure.

EUR/USD Intraday: under pressure.

Pivot: 1.1210

Our preference: short positions below 1.1210 with targets at 1.1180 & 1.1155 in extension.

Alternative scenario: above 1.1210 look for further upside with 1.1240 & 1.1270 as targets.

Comment: as long as the resistance at 1.1210 is not surpassed, the risk of the break below 1.1180 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

GBP/USD Intraday: continuation of the rebound.

Pivot: 1.2540

Our preference: long positions above 1.2540 with targets at 1.2575 & 1.2600 in extension.

Alternative scenario: below 1.2540 look for further downside with 1.2510 & 1.2490 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

AUD/USD Intraday: target 0.6905.

Pivot: 0.6860

Our preference: long positions above 0.6860 with targets at 0.6885 & 0.6905 in extension.

Alternative scenario: below 0.6860 look for further downside with 0.6845 & 0.6830 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

USD/JPY Intraday: the upside prevails.

Pivot: 108.35

Our preference: long positions above 108.35 with targets at 108.70 & 108.90 in extension.

Alternative scenario: below 108.35 look for further downside with 108.20 & 108.05 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

Gold spot Intraday: bounce.

Pivot: 1341.50

Our preference: long positions above 1341.50 with targets at 1349.00 & 1352.00 in extension.

Alternative scenario: below 1341.50 look for further downside with 1337.00 & 1333.00 as targets.

Comment: the RSI is mixed with a bullish bias.

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

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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