Daily analysis report - with market trend updates


 

 

 

 

 

Here's today's directional view from Trading Central's global research analysis! This is a starting point for starting your own analysis to identify opportunities that make sense to you. As seen? Feel free to share this with friends! 


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Please note that due to market volatility, some key levels may have been reached and scenarios executed. 

 

 

 

 

USD/JPY intraday: towards 116.20.


 

Pivot point (cancellation rate) : 115.60

Our preference: long positions above : 115.60 target : 116.00 & 116.20 within the range.

Alternative scenario: below : 115.60 the next downside target is towards : 115.40 & 115.20.

Technical description: RSI is well directed.

Support and Resistance:

  • 116.40
  • 116.20
  • 116.00
  • 115.86 Last Price
  • 115.60
  • 115,40
  • 115,20







GBP/USD intraday: bullish bias above 1.3085.


Pivot point (cancellation rate) : 1.3085

Our preference: long positions above : 1.3085 target : 1.3135 & 1.3165 within the range.

Alternative scenario: below : 1.3085 the next downside target is towards : 1.3060 & 1.3040.

Technical note: support base at : 1.3085 is forming and allows temporary stabilization.

Support and Resistance:

  • 1.3195
  • 1.3165
  • 1.3135
  • 1.3115 Last Price
  • 1.3085
  • 1.3060
  • 1.3040








Intraday EUR/USD: bullish bias above 1.0885.

 
Pivot point (cancellation rate) : 1.0885

Our preference: long positions above : 1.0885 target : 1.0935 & 1.0960 within the range.

Alternative scenario: below : 1.0885 then the next downside target is towards : 1.0865 & 1.0845.

Technical description: technically, the RSI is above 50%.

Support and Resistance:

  • 1.0980
  • 1.0960
  • 1.0935
  • 1.0917 Last Price
  • 1.0885
  • 1.0865
  • 1.0845











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