Wednesday, 11 July 2018

FX TS ,11/07/18

Posted by Anonymous at 12:48 Labels:
EUR / USD- $ 1.1680 strategic support area interesting for long
The pair was able to gain up to $ 1.1780, but later corrected. The support zone is located at $ 1.1720, while it managed to keep the quotes above, and prevents continuing the fall. Strategic support in the $ 1.1680 area.
Recommendations - longs in the zone 1.1680-1.1720
GBP / USD- 1.3280 level still not taken by bulls- bearish sign
The risks of the political crisis in England significantly undermined the emerging strength of the British currency and led to sales. As a result, the pair failed to move into new price range $ 1.3300- $ 1.3450. At the same time, support for $ 1.3205 is still relevant. The situation is not easy to make decisions, but in the market this is an excuse for caution. However, we can try a careful longs when you market pullbacks.
Recommendations – so far out of the market
Gold- volatility rises; one more move in the bottom area ​​$ 1240 is possible
Strategically, the situation on gold has not changed. After some growth, there was local correction amid profit takings. Demand is observed in the area of ​​$ 1248- $ 1246. What is more important support in the area of ​​1250 is still not broken. We can use pullbacks to accumulate medium-term longs.
Recommendations – open longs om local pullbacks
AUD / USD- market broke the support zone 0.7450-0.7437
USD dollar growth led to the breakthrough of local support - the zone 0.7450-0.7437. The pair fell into the zone of 0.7400 - tactical support. The further prospect is not definite, the probability of the negative trend is increasing. We recommend closing some of the long positions.
Recommendations - longs in the area of ​​0.7400

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