EUR-USD It looks more likely that it would rise to 1.3384 - 1.3454 from 1.3310 or 1.3275. After which a downside move is expected. USD-CHF Market should hold major support at 0.9774 before rising towards 0.9902 or even 0.9948 limit. GBP-USD Current upmove should be ended around 1.5713 - 1.5746. Any correction consolidation should find support in 1.5648 - 1.5617 zone. USD-JPY It may meet resistance in 84.39 - 84.44 zone for a drift down to 84.21 zone, after which bounce to 84.62 is anticipated. USD-CAD While below 1.0362 - 1.0388 it is more likely to fall further towards 1.0315 or 1.0293. Premature rise above 1.0388 could see it rising above 1.0431 zone. NZD-USD Market should not go lower than 0.7278 - 0.7239. After this move down it should go up to 0.7343 - 0.7370 area. AUD-USD Market should not go lower than 0.9479 - 0.9447. After this move down it should go up to 0.9533 - 0.9554 area. EUR-JPY No comment! EUR-CHF Market should not go lower than 1.3111 - 1.3066. After this move down it should go up to 1.3185 - 1.3213 area. EUR-GBP Support at 0.8481 or 0.8453 should hold. Then a correction to above 0.8602 is anticipated. A clear break of 0.8416 is again bearish. EUR-CAD A corrective rise should ideally test 1.3843 or even higher than 1.3912. Supports are at 1.3707. Stop loss below 1.3679 zone. EUR-NZD While below 1.8310 - 1.8371 it is more likely to fall further towards 1.8193 or 1.8137. Premature rise above 1.8371 could see it rising above 1.8484 zone. EUR-AUD Resistances lie around 1.4066 and 1.4095. It should test lower towards 1.3970 zone. A clear break of 1.4011 would be bearish. GBP-CHF It should test 1.5470 area after which a sell off down to 1.5395 or extended to 1.5333 area is expected. GBP-JPY It may attempt a test higher to 132.57 - 132.82 after which weakness may set it to a drift down to below 131.86 limit. GBP-CAD Current rise should end around 1.6302. Objectives of this downmove are 1.6122 or 1.6019. A rise above 1.6380 is again bullish. GBP-AUD Current rise seems to be over near 1.6546 or 1.6610 for a retracement towards 1.6482 - 1.6441 area. CAD-JPY One more dip to 81.39 - 81.10 is likely followed by a grind higher to 81.91 - 82.14. After which it can resume its downtrend. NZD-JPY Market should pop up towards 62.01 or 62.26 this bullish scenario would be damaged if 61.39 - 61.03 zone is broken, a severe break down could then occur. AUD-JPY One more dip to 79.95 - 79.62 is likely followed by a grind higher to 80.52 - 80.75. After which it can resume its downtrend. XAG-USD It should try higher up to 21.18 - 21.28. Entry point 21.08 or 21.00. After this rise, a correction is expected. XAU-USD A correction down to 1287.50 or lower is now expected from 1294.30 or 1296.75. A break above 1301.10 is needed to turn bullish.
Trading Desk, RTFX Ltd
16th September Square Mosta, MST 1180 Malta
Tel: +356 23 310 000 | Fax: +356 21 412 458RTFX 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.
More informations about RTFX


LinkBack URL
About LinkBacks
Reply With Quote