TC FX Analysis

Date:2019/11/13 EUR/USD Intraday: watch 1.0990.

EUR/USD Intraday: watch 1.0990.

Pivot:1.1025

Our preference: short positions below 1.1025 with targets at 1.1000 & 1.0990 in extension.

Alternative scenario: above 1.1025 look for further upside with 1.1040 & 1.1055 as targets.

Comment: a break below 1.1000 would trigger a drop towards 1.0990.

  • 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: bullish bias above 1.2835.

Pivot:1.2835

Our preference: long positions above 1.2835 with targets at 1.2875 & 1.2895 in extension.

Alternative scenario: below 1.2835 look for further downside with 1.2815 & 1.2800 as targets.

Comment: a support base at 1.2835 has formed and has allowed for a temporary stabilisation.

  • 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: capped by a negative trend line.

Pivot:0.6855

Our preference: short positions below 0.6855 with targets at 0.6830 & 0.6820 in extension.

Alternative scenario: above 0.6855 look for further upside with 0.6865 & 0.6875 as targets.

Comment: as long as 0.6855 is resistance, likely decline to 0.6830.

  • 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 108.75.

Pivot:109.15

Our preference: short positions below 109.15 with targets at 108.90 & 108.75 in extension.

Alternative scenario: above 109.15 look for further upside with 109.30 & 109.45 as targets.

Comment: a break below 108.90 would trigger a drop towards 108.75.

  • 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: rebound expected.

Pivot:1453.00

Our preference: long positions above 1453.00 with targets at 1462.50 & 1466.00 in extension.

Alternative scenario: below 1453.00 look for further downside with 1449.00 & 1445.50 as targets.

Comment: the RSI advocates 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

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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