Previous Story
End of Day – 15 July 2015
End of Day Technical Analysis Report for:
EURUSD, GBPUSD, AUDUSD, USDJPY, USDCAD
GOLD, SP500, DAX, and US30Y
► EUR/USD: as we have been saying price looks like re-testing 1.085 soon. This looks even more likely after today’s downside push. Still …not enough R:R for us to Short though.
Technical Recommendation: Stand aside.
EURUSD – Daily
► GBP/USD: a doji after yesterday’s strong surge, price still above all the averages. Price now seems destined to re-test 1.5780/1.5900 area of resistance.
Technical Recommendation: Look for price to reach 1.5780-1.5900 resistance.
GBPUSD – Daily
► AUD/USD: we have been looking for the Aussie to bounce and re-test 0.7560 as resistance. Today’s bearish engulfing candle says this is unlikely to happen now. 0.7100 is the next support.
Technical Recommendation: Looking for price to extend to the downside towards 0.7100.
AUDUSD – Daily
USDJPY – Daily
► USD/CAD: we were looking for a convincing rejection of 1.2785 to go Short. We couldn’t have been more wrong. Price instead convincingly broke through it and now looks headed towards next resistance whihc can only be seen in the monthly chart at 1.3000. We might consider going Long on a pull back to re-test 1.2875 as support.
Technical Recommendation: Looking for a pull back to buy into.
USDCAD – Daily
USDCAD – Monthly
► GOLD: Gold today fell to re-test old support at 1142. Let’s see if we get an upward rotation.
Technical Recommendation: Re-assessing.
XAUUSD – Daily
Technical Recommendation: Stand aside.
SP500 – Daily
► DAX30:another doji today as this market seems to be running out of steam. Still … further upside is likely from here. Next resistance at 11640. Not enough R:R.
Technical Recommendation: Stand aside.
DAX30 – Daily
► US30Y: our STTS Long regained ground today and we are now back in the money by a few pips.
Technical Recommendation: We are Long. Position in the money.
US30Y Sep Future – Daily
CHECK OUR INTERACTIVE ECONOMIC CALENDAR FOR UPCOMING WORLDWIDE DATA RELEASES
CHARTING LEGEND:
DISCLAIMER
The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Users acknowledge and agree to the fact that, by its very nature, any investment in CFDs and similar and assimilated products is characterised by a certain degree of uncertainty and that, consequently, any investment of this nature involves risks for which the user is solely responsible and liable.
Any recommendation, opinion or advice contained in such material reflects the views of TFF, and TFF expressly disclaims any responsibility for any decisions or for the suitability of any security or transaction based on it. Specifically, any decisions you may make to buy, sell or hold a security based on such research will be entirely your own and not in any way deemed to be endorsed or influenced by or attributed to TFF.
Past performance should not be seen as an indication of future performance. Market and exchange rate movements may cause the value of your investment to rise or fall and an investor may not get back the amount invested.
Investors considering opening a self-trading account or investing in the TFF Capital Pool, should limit their exposure to maximum 10% of their investment capital.
Eligibility for participation in the capital pool is subject to final determination and acceptance by TFF.
Investments are not obligations of, deposits in, insured or guaranteed by TFF.
