TC FX Analysis

Date:2018/7/23 EUR/USD Intraday: further advance.

EUR/USD Intraday: further advance.

Pivot: 1.1700

Our preference: long positions above 1.1700 with targets at 1.1765 & 1.1785 in extension.

Alternative scenario: below 1.1700 look for further downside with 1.1670 & 1.1635 as targets.

Comment: the RSI is bullish and calls 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 produced

GBP/USD Intraday: further advance.

Pivot: 1.3095

Our preference: long positions above 1.3095 with targets at 1.3180 & 1.3215 in extension.

Alternative scenario: below 1.3095 look for further downside with 1.3050 & 1.3000 as targets.

Comment: the RSI is bullish and calls 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 produced

AUD/USD Intraday: target 0.7455.

Pivot: 0.7400

Our preference: long positions above 0.7400 with targets at 0.7455 & 0.7475 in extension.

Alternative scenario: below 0.7400 look for further downside with 0.7375 & 0.7350 as targets.

Comment: the RSI is supported by a rising trend line.

Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point  | Black represents the price when the report was produced

USD/JPY Intraday: target 110.60.

Pivot: 111.60

Our preference: short positions below 111.60 with targets at 110.60 & 110.20 in extension.

Alternative scenario: above 111.60 look for further upside with 112.15 & 112.50 as targets.

Comment: the RSI has broken down its 30 level.

Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point  | Black represents the price when the report was produced

Gold spot Intraday: rebound expected.

Pivot: 1226.00

Our preference: long positions above 1226.00 with targets at 1238.00 & 1241.00 in extension.

Alternative scenario: below 1226.00 look for further downside with 1221.00 & 1215.50 as targets.

Comment: the RSI shows upside momentum.

Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point  | Black represents the price when the report was produced

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