Technical Analysis Mon, Sep 18, 2017 - channyfx

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Monday, September 18, 2017

Technical Analysis Mon, Sep 18, 2017

Dear Customers,
Daily Technical Analysis Mon, Sep 18, 2017
* Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out.
#EUR/USD Intraday: the upside prevails.
Pivot: 1.1920
Most Likely Scenario: long positions above 1.1920 with targets at 1.1960 & 1.1990 in extension.
Alternative scenario: below 1.1920 look for further downside with 1.1900 & 1.1865 as targets.
Comment: the RSI is mixed to bullish.
#GBP/USD Intraday: the RSI is mixed to bullish.
Pivot: 1.3500
Most Likely Scenario: long positions above 1.3500 with targets at 1.3620 & 1.3705 in extension.
Alternative scenario: below 1.3500 look for further downside with 1.3440 & 1.3380 as targets.
Comment: the RSI is mixed to bullish.
#USD/JPY Intraday: the RSI is mixed to bullish.
Pivot: 110.60
Most Likely Scenario: long positions above 110.60 with targets at 111.30 & 111.70 in extension.
Alternative scenario: below 110.60 look for further downside with 110.30 & 109.85 as targets.
Comment: the RSI is mixed to bullish.
#AUD/USD Intraday: the RSI shows upside momentum.
Pivot: 0.8005
Most Likely Scenario: long positions above 0.8005 with targets at 0.8045 & 0.8060 in extension.
Alternative scenario: below 0.8005 look for further downside with 0.7990 & 0.7970 as targets.
Comment: the RSI shows upside momentum.
#Gold spot Intraday: the RSI is below its neutrality area at 50%
Pivot: 1324.00
Most Likely Scenario: short positions below 1324.00 with targets at 1311.00 & 1308.00 in extension.
Alternative scenario: above 1324.00 look for further upside with 1331.00 & 1335.00 as targets.
Comment: the RSI is below its neutrality area at 50%




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