Daily Report - 20 Mar 2017


End of Day Technical Analysis Report for:

EURUSD, GBPUSD, AUDUSD, USDJPY and GOLD



► EUR/USD: went STTS Long last week. For our analysis see the Weekly Bonus Video.
Technical Recommendation: We are Long. Position +110 pips in profit
                                                                 EURUSD - Daily

GBP/USD: Price retreats after meeting with key resistance area 1.2385-1.2420. Likely retracement.
Technical Recommendation: Likely retracement.
                                                                 GBPUSD - Daily
                                                                                                                 Back to Top

► AUD/USD: price at key 0.7745 resistance. We are looking for signals in this area.
Technical Recommendation: Stand aside.
                                                                 AUDUSD - Daily
                                                                                          Back to Top

► USDJPY: price likely to retreat all the way back down to 111.80 support.
Technical Recommendation: Possible further downside
                                                                  USDJPY - Daily
                                                                Back to Top

GOLD: market in the middle of recent 1200-1260 range. We are neutral at present.
Technical Recommendation: Stand aside
                                                               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.