TC FX Analysis

Date:2019/6/27 EUR/USD Intraday: key resistance at 1.1390.

EUR/USD Intraday: key resistance at 1.1390.

Pivot: 1.1390

Our preference: short positions below 1.1390 with targets at 1.1350 & 1.1320 in extension.

Alternative scenario: above 1.1390 look for further upside with 1.1410 & 1.1440 as targets.

Comment: as long as the resistance at 1.1390 is not surpassed, the risk of the break below 1.1350 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: turning up.

Pivot: 1.2680

Our preference: long positions above 1.2680 with targets at 1.2705 & 1.2730 in extension.

Alternative scenario: below 1.2680 look for further downside with 1.2660 & 1.2640 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

AUD/USD Intraday: further advance.

Pivot: 0.6970

Our preference: long positions above 0.6970 with targets at 0.6995 & 0.7020 in extension.

Alternative scenario: below 0.6970 look for further downside with 0.6950 & 0.6940 as targets.

Comment: the break above 0.6970 is a positive signal that has opened a path to 0.6995.

  • 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: 107.55

Our preference: long positions above 107.55 with targets at 107.85 & 108.10 in extension.

Alternative scenario: below 107.55 look for further downside with 107.35 & 107.10 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

  • 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: caution.

Pivot: 1415.00

Our preference: short positions below 1415.00 with targets at 1402.00 & 1396.50 in extension.

Alternative scenario: above 1415.00 look for further upside with 1423.00 & 1430.00 as targets.

Comment: the RSI is mixed and calls for caution.

  • 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.

Revisit Appointment

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

User experience score