Fx Majors Technical Overview For Tuesday

Published on Tuesday, 13 February 2018 09:16 ,by  FxGrow Investment Research Desk


EUR/USD Intraday: further upside.


 
 Pivot: 1.2280
 
Our preference: long positions above 1.2280 with targets at 1.2345 & 1.2370 in extension.
 
Alternative scenario: below 1.2280 look for further downside with 1.2255 & 1.2235 as targets.
 
Comment: the RSI is bullish and calls for further upside.
 
Supports and resistances:
 
1.2405 1.2370 1.2345
 
1.2320 Last seen
 
1.2280 1.2255 1.2235
 
GBP/USD Intraday: key resistance at 1.3875.

 

 Pivot: 1.3875
 
Our preference: short positions below 1.3875 with targets at 1.3800 & 1.3760 in extension.
 
Alternative scenario: above 1.3875 look for further upside with 1.3915 & 1.3990 as targets.
 
Comment: as long as the resistance at 1.3875 is not surpassed, the risk of the break below 1.3800 remains high.
 
Supports and resistances:
 
1.3990 1.3915 1.3875
 
1.3835 Last seen
 
1.3800 1.3760 1.3690

 
USD/JPY Intraday: under pressure.


 
 Pivot: 108.45
 
Our preference: short positions below 108.45 with targets at 107.30 & 107.05 in extension.
 
Alternative scenario: above 108.45 look for further upside with 108.85 & 109.25 as targets.
 
Comment: the RSI shows downside momentum.
 
Supports and resistances:
 
109.25 108.85 108.45
 
108.00 Last seen
 
107.30 107.05 106.60
 
USD/CAD Intraday: under pressure.


 
 Pivot: 1.2630
 
Our preference: short positions below 1.2630 with targets at 1.2550 & 1.2500 in extension.
 
Alternative scenario: above 1.2630 look for further upside with 1.2685 & 1.2725 as targets.
 
Comment: the RSI shows downside momentum.
 
Supports and resistances:
 
1.2725 1.2685 1.2630
 
1.2580 Last seen
 
1.2550 1.2500 1.2460
 
 
NZD/USD Intraday: further advance.


 
 Pivot: 0.7250
 
Our preference: long positions above 0.7250 with targets at 0.7325 & 0.7350 in extension.
 
Alternative scenario: below 0.7250 look for further downside with 0.7230 & 0.7200 as targets.
 
Comment: the RSI shows upside momentum.
 
Supports and resistances:
 
0.7380 0.7350 0.7325
 
0.7285 Last
 
0.7250 0.7230 0.7200
 
AUD/USD Intraday: the upside prevails.


 
 Pivot: 0.7810
 
Our preference: long positions above 0.7810 with targets at 0.7875 & 0.7910 in extension.
 
Alternative scenario: below 0.7810 look for further downside with 0.7770 & 0.7735 as targets.
 
Comment: the RSI shows upside momentum.
 
Supports and resistances:
0.7955
0.7910
0.7875
0.7847 Last
0.7810
0.7770
0.7735
 
Gold spot Intraday: further upside.


 
 Pivot: 1321.00
 
Our preference: long positions above 1321.00 with targets at 1332.50 & 1335.50 in extension.
 
Alternative scenario: below 1321.00 look for further downside with 1316.00 & 1312.00 as targets.
 
Comment: the RSI is supported by a bullish trend line. Prices are ranging within a bullish channel.
 
Supports and resistances:
 
1339.00 1335.50 1332.50
 
1326.85 Last seen
 
1321.00 1316.00 1312.00
 
Crude Oil(WTI) (H18) Intraday: under pressure.


 
 Pivot: 60.75
 
Our preference: short positions below 60.75 with targets at 58.75 & 58.05 in extension.
 
Alternative scenario: above 60.75 look for further upside with 61.35 & 62.10 as targets.
 
Comment: the RSI lacks upward momentum.
 
Supports and resistances:
 
62.10 61.35 60.75

59.50 Last seen
 
58.75 58.05 57.25

 
 
 
 
 
 
 

AWARDS

NEED HELP?

chat LIVE CHAT

FOLLOW US

OPEN ACCOUNT

* TRADING FOREX AND CFDS IS RISKY
DON'T HAVE AN ACCOUNT YET?
* TRADING FOREX AND CFD IS RISKY
X
 x 

Request a call back

Please fill out and submit the form below and we will call you back

CallBack EN
  1. Name*
    Please provide your First Name
  2. Phone*
    +Invalid Input
    Please Provide Your phone number
  3. Best time to call
    Invalid Input
    xWhat is the best time to call?
    00
    00
    AM

×
RISK WARNING : FOREX and CFDs are high risk leveraged products and can result in the loss of all invested capital. CFDs may not be suitable for all investors. Please read our full Risk Disclosure Statement.
Cookie Policy: Fxgrow.com uses cookies, and by continuing to use this website you consent to this. For more information please read our Cookie Policy.