TC FX Analysis

Date:2019/11/14 EUR/USD Intraday: key resistance at 1.1015.

EUR/USD Intraday: key resistance at 1.1015.

Pivot:1.1015

Our preference: short positions below 1.1015 with targets at 1.0995 & 1.0980 in extension.

Alternative scenario: above 1.1015 look for further upside with 1.1025 & 1.1040 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1.1015.

  • 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: key resistance at 1.2860.

Pivot:1.2860

Our preference: short positions below 1.2860 with targets at 1.2835 & 1.2820 in extension.

Alternative scenario: above 1.2860 look for further upside with 1.2875 & 1.2895 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1.2860.

  • 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:0.6845

Our preference: short positions below 0.6845 with targets at 0.6825 & 0.6815 in extension.

Alternative scenario: above 0.6845 look for further upside with 0.6855 & 0.6865 as targets.

Comment: the upward potential is likely to be limited by the resistance at 0.6845.

  • 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:under pressure.

Pivot:108.90

Our preference: short positions below 108.90 with targets at 108.65 & 108.55 in extension.

Alternative scenario: above 108.90 look for further upside with 109.00 & 109.15 as targets.

Comment: as long as 108.90 is resistance, look for choppy price action with a bearish bias.

  • 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: supported by a rising trend line.

Pivot:1460.50

Our preference: long positions above 1460.50 with targets at 1467.00 & 1471.00 in extension.

Alternative scenario: below 1460.50 look for further downside with 1458.00 & 1455.50 as targets.

Comment: the RSI calls for a bounce.

  • 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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