TC FX Analysis

Date:2019/6/21 USD/JPY Intraday: watch 107.00.

EUR/USD Intraday: target 1.1320.

Pivot: 1.1270

Our preference: long positions above 1.1270 with targets at 1.1300 & 1.1320 in extension.

Alternative scenario: below 1.1270 look for further downside with 1.1250 & 1.1225 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

GBP/USD Intraday: the upside prevails.

Pivot: 1.2670

Our preference: long positions above 1.2670 with targets at 1.2725 & 1.2760 in extension.

Alternative scenario: below 1.2670 look for further downside with 1.2635 & 1.2600 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

AUD/USD Intraday: the upside prevails.

Pivot: 0.6905

Our preference: long positions above 0.6905 with targets at 0.6935 & 0.6955 in extension.

Alternative scenario: below 0.6905 look for further downside with 0.6885 & 0.6865 as targets.

Comment: the break above 0.6905 is a positive signal that has opened a path to 0.6935.

  • 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: watch 107.00.

Pivot: 107.55

Our preference: short positions below 107.55 with targets at 107.20 & 107.00 in extension.

Alternative scenario: above 107.55 look for further upside with 107.85 & 108.15 as targets.

Comment: a break below 107.20 would trigger a drop towards 107.00.

  • 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: the upside prevails.

Pivot: 1379.50

Our preference: long positions above 1379.50 with targets at 1400.00 & 1406.50 in extension.

Alternative scenario: below 1379.50 look for further downside with 1371.50 & 1367.50 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

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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