Daily Report - 8 Mar 2017


End of Day Technical Analysis Report for:

EURUSD, GBPUSD, AUDUSD, USDJPY and GOLD



► EUR/USD: Euro stuck in range.
Technical Recommendation: Stand aside.
                                                                 EURUSD - Daily

GBP/USD: Sterling still bearish and well on its way towards 1.20.
Technical Recommendation: Look to be Short.
                                                                 GBPUSD - Daily
                                                                                                                 Back to Top

► AUD/USD: we went STTS Short in the Aussie earlier today. Market proving us right so far!
Technical Recommendation: We are Short. Position +48 pips in profit.
                                                                 AUDUSD - Daily
                                                                                          Back to Top

► USDJPY: price responding to confluent dynamic support but remains capped in our opinion.
Technical Recommendation: Stand aside.
                                                                  USDJPY - Daily
                                                                Back to Top

GOLD: still STTS Short in Gold. Market half way to target.
Technical Recommendation: We are Short. Position +265 pips in profit!
                                                               XAUUSD - Daily

CHECK OUR INTERACTIVE ECONOMIC CALENDAR FOR UPCOMING WORLDWIDE DATA RELEASES

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 should limit their exposure to maximum 10% of their investment capital.
Investments are not obligations of, deposits in, insured or guaranteed by TFF.