TC FX Analysis

Date:2019/11/07 EUR/USD Intraday: under pressure.

EUR/USD Intraday: under pressure.

Pivot:1.1080

Our preference: short positions below 1.1080 with targets at 1.1055 & 1.1040 in extension.

Alternative scenario: above 1.1080 look for further upside with 1.1095 & 1.1110 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

GBP/USD Intraday: under pressure.

Pivot:1.2875

Our preference: short positions below 1.2875 with targets at 1.2840 & 1.2820 in extension.

Alternative scenario: above 1.2875 look for further upside with 1.2895 & 1.2910 as targets.

Comment: the RSI is bearish and calls for further decline.

  • 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 downside prevails.

Pivot:0.6895

Our preference: short positions below 0.6895 with targets at 0.6865 & 0.6845 in extension.

Alternative scenario: above 0.6895 look for further upside with 0.6905 & 0.6915 as targets.

Comment: the RSI is bearish and calls for further decline.

  • 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 downside prevails.

Pivot:109.10

Our preference: short positions below 109.10 with targets at 108.65 & 108.50 in extension.

Alternative scenario: above 109.10 look for further upside with 109.25 & 109.40 as targets.

Comment: the RSI advocates for further downside.

  • 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:bullish bias above 1485.50.

Pivot:1485.50

Our preference: long positions above 1485.50 with targets at 1495.00 & 1499.50 in extension.

Alternative scenario: below 1485.50 look for further downside with 1479.00 & 1474.00 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.

Revisit Appointment

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

User experience score