RedstoneFx Analyst
by
on

Redstone Morning Analysis 14/6/2021

EUR/USD

Trend Theme:EUR/USD: 50-DMA probes monthly support break around 1.2100.

Trend Review:EUR/USD seesaws between 50-DMA and monthly resistance, previous support. The pair is consolidating in the broader range of 109.20-109.80 since the previous two weeks. The US Dollar Index (DXY) touched the one week high of 91.60 on Friday.

Today Advise:StronglyBearish

Key Levels:

PPResistance*1.2170 * 1.2232 **1.2270 ***
1.2131Support*1.2069 *1.2031 ** 1.1969 ***

Position Datas:

————————————————————————————————-

USD/JPY

Trend Theme:USD/JPY: Bulls targeting 110.00.

Trend Review:USD/JPY is on the verge of a restest of the 110.00 level. Bulls have pierced the hourly resistance and broken 15-min structure. USD/JPY is on the way to the 110 area as the US dollar continues to firm following Friday’s bullish perforace. 

Today Advise:Bullish

Key Levels:

PPResistance*109.90 *110.13 **110.42 ***
109.61Support*109.37 *109.09 **108.85 ***

Position Datas:

—————————————————————————————————

WTI/USD

Trend Theme:WTI bulls stay in charge, looking to retest multi-year highs.

Trend Review:US West Texas Intermediate (WTI) is trading at $70.98 and within a range of $70.69 and $71.01 at the time of writing. WTI is continuing to correct following the sell-off from a multi-year high scored on Friday after it closed out a third straight week of gains on an improved outlook for worldwide demand. 

Today Advise:Bearish

Key Levels:

PPResistance*71.17 *71.76 **72.59 ***
70.34Support*69.75 *68.92 **68.33 ***

Position Datas:

—————————————————————————————————

XAUUSD

Trend Theme:Gold remains pressured around $1,870 as pre-Fed caution backs USD strength.

Trend Review:Gold (XAU/USD) extends Friday’s losses to the intraday low of $1,871.39, down 0.30% on a day, amid a quiet Asian trading session on Monday. With the rush to risk-safety underpinning the US dollar, gold prices stay on the back foot for the second consecutive day.

Today Advise:StronglyBearish

Key Levels:

PPResistance*1895.58 *1913.57 **1924.12 ***
1885.03Support*1867.04 *1856.49 **1838.50 ***

Position Datas:

開始交易吧?

立即開通您的RedstoneFx帳戶釋放您的交易技能!

方便快捷入金& 出金方式

無任何出入金手續費