EUR-USD There are initial signs of a good corrective recovery towards 1.3606 or even 1.3654. Supports at 1.3476 and 1.3394 zone. USD-CHF It should test 1.1434 area after which a sell off down to 1.1049 or extended to 1.0879 area is expected. GBP-USD There are initial signs of a good corrective recovery towards 1.5260 or even 1.5327. Supports at 1.5114 and 1.5034 zone. USD-JPY Market should not go lower than 93.4534. After this move down it should go up to 96.9750 - 97.7233 area. EUR-JPY There is bearish potential for a fall to 125.9033 while 130.3667 - 131.5700 resist. After this fall a recovery up to 131.5700 or 132.7733 is expected. EUR-CHF It should trade higher to 1.5186 while 1.5072 or 1.5047 offers support. Stop loss below 1.4958 zone. EUR-GBP It looks more likely that it would rise to 0.8994 - 0.9094 from 0.8887 or 0.8837. After which a downside move is expected. USD-CAD It should be subject to more sell off towards 1.1635 or 1.1578. Corrective upward swings should face resistance around 1.2096 area. A break of 1.2021 is bullish. NZD-USD There are initial signs of a good corrective recovery towards 0.5996 or even 0.6049. Supports at 0.5848 and 0.5754 zone. AUD-USD There are initial signs of a good corrective recovery towards 0.7605 or even 0.7651. Supports at 0.7482 and 0.7404 zone. XAG-USD Should test support at 13.6767 while below 14.0100. If support at 13.6767 holds it can rise up to 14.3567, if not it should fall to below 13.3433 zone. XAU-USD Current rise should end around 940.8700. Objectives of this downmove are 915.4300 or 899.3700. A rise above 950.2500 is again bullish.
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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