Daily Report - 15 Mar 2017


End of Day Technical Analysis Report for:

EURUSD, GBPUSD, AUDUSD, USDJPY and GOLD



► EUR/USD: went STTS Long in the Euro today as price showed intraday signs of a surge. Our subscribers are enjoying a >100 pips gain.
Technical Recommendation: We are Long. Position +105 pips in profit
                                                                 EURUSD - Daily

GBP/USD: Sterling momentarily halts its drop towards 1.20 but we are not bullish yet.
Technical Recommendation: Stand aside.
                                                                 GBPUSD - Daily
                                                                                                                 Back to Top

► AUD/USD: we went STTS Short in the Aussie earlier last week. Today's bounce stopped us out for -70 pips loss.
Technical Recommendation: Stopped out. Re-assessing.
                                                                 AUDUSD - Daily
                                                                                          Back to Top

► USDJPY: the pull back we anticipated arrived today as price broked through all dynamic support, including 20/50 smas. We coudl see price retreat all the way back down to 111.80 support.
Technical Recommendation: Possible further downside
                                                                  USDJPY - Daily
                                                                Back to Top

GOLD: covered our STTS Short at 12190$ after today's bounce for +160 pips gain and 0.8 x Risk.
Technical Recommendation: Exited for +160 pips profit! Re-assessing
                                                               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.