EUR-USD Uptrend is still intact in a triangle configuration. It should continue to rally to 1.3714 or 1.3768 if support around 1.3490 hold. After which a pullback to 1.3490 - 1.3419 zone is possible. USD-CHF Market should not go lower than 1.1062 - 1.0942. After this move down it should go up to 1.1244 - 1.1306 area. GBP-USD Currently uptrend should end around 1.5440 - 1.5371 area. A correction down to below 1.4969 is expected. A rise above 1.5506 will abort the expected correction. USD-JPY There are initial signs of a good corrective recovery towards 99.1150 or even 99.5033. Supports at 98.2050 and 97.6833 zone. EUR-JPY Currently uptrend should end around 135.3534 - 135.6867 area. A correction down to below 131.2667 is expected. A rise above 137.1933 will abort the expected correction. EUR-CHF Resistances lie around 1.5127 and 1.5150. It should test lower towards 1.5032 zone. A clear break of 1.5002 would be bearish. EUR-GBP It should test 0.9087 area after which a sell off down to 0.8812 or extended to 0.8683 area is expected. USD-CAD Support at 1.1492 or 1.1357 should hold the downside for a correction to above 1.1764 zone. NZD-USD Uptrend is still intact in a triangle configuration. It should continue to rally to 0.6158 or 0.6151 if support around 0.5931 hold. After which a pullback to 0.5931 - 0.5870 zone is possible. AUD-USD Currently uptrend should end around 0.7896 - 0.7821 area. A correction down to below 0.7427 is expected. A rise above 0.7962 will abort the expected correction. XAG-USD Uptrend is still intact in a triangle configuration. It should continue to rally to 14.4033 or 14.6133 if support around 13.5367 hold. After which a pullback to 13.5367 - 13.2250 zone is possible. XAU-USD Currently uptrend should end around 920.5551 - 932.3567 area. A correction down to below 891.9167 is expected. A rise above 949.1934 will abort the expected correction.
Trading Desk, RTFX Ltd
16th September Square | Mosta MST 1180 | Malta
Tel: +356 27 78 01 35 | Fax: +356 21 41 24 58RTFX Ltd is licensed to conduct investment services business by the Malta Financial Services Authority. This information does not constitute an offer or solicitation and is provided for information purposes only. This information shall not be deemed to constitute advice and should not be relied on as such to enter into a transaction or for any investment decision. Any opinions expressed in this document represent the views of RTFX Ltd at the time of preparation. They are thus subject to change without notice. RTFX Ltd believes that the information contained herein is accurate as at the date of publication. However, no warranty of accuracy is given by RTFX Ltd and no liability in respect of any errors or omissions, including any third party liability, are accepted by RTFX Ltd or any director, officer or employees.
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