1. Daily technical analysis of selected currency pairs



AUD/JPY Bullish

Image Features: forms “Two Bar Reversal (Bullish)” pattern

Target
Opportunity recognized 2021 Sep 15 for the period of up to 12 hours
+0.087 (8.7 pips) price change since the Technical Event at 80.203

Technical Analysis

We found a pattern called Two Bar Reversal (Bullish) on 2021 Sep 15 at 02:30 GMT on a 30 minute chart suggesting the outlook is bullish for up to 12 hours.

The price crossed above its moving average on 2021 Sep 15 at 03:30 GMT signaling a new uptrend has been established.

CAD/CHF Bearish

Image Features: forms “Triple Top (Bearish)” pattern

Target
Opportunity recognized 2021 Sep 14 for the period of up to 48 hours
-0.00280 (28 pips) price change since the Technical Event at 0.72700

Technical Analysis

We found a pattern called Triple Top on 2021 Sep 14 at 15:00 GMT on a 1 hour chart, providing a target price for up to 48 hours in the range of 0.72000 to 0.73000.

The faster moving average crossed below the slower moving average on 2021 Sep 14 at 23:00 GMT, signaling a new downtrend has been established.

2. Daily Analyst’s View



EUR/USD

may fall 20 – 35 pips

Pivot
1.1820

Our preference
Short positions below 1.1820 with targets at 1.1785 & 1.1770 in extension.

Alternative scenario
Above 1.1820 look for further upside with 1.1835 & 1.1850 as targets.

Comment
The upward potential is likely to be limited by the resistance at 1.1820.

GBP/USD

may fall 20 – 50 pips

Pivot
1.3840

Our preference
Short positions below 1.3840 with targets at 1.3780 & 1.3750 in extension.

Alternative scenario
Above 1.3840 look for further upside with 1.3865 & 1.3890 as targets.

Comment
The RSI advocates for further decline.

USD/CAD

may rise 32 – 67 pips

Pivot
1.2650

Our preference
Long positions above 1.2650 with targets at 1.2725 & 1.2760 in extension.

Alternative scenario
Below 1.2650 look for further downside with 1.2625 & 1.2600 as targets.

Comment
The RSI is bullish and calls for further upside.

Gold

may rise to 1809.00 – 1815.00

Pivot
1796.00

Our preference
Long positions above 1796.00 with targets at 1809.00 & 1815.00 in extension.

Alternative scenario
Below 1796.00 look for further downside with 1788.00 & 1780.00 as targets.

Comment
The RSI is mixed with a bullish bias.

Crude Oil (WTI)

may rise to 71.25 – 72.00

Pivot
70.30

Our preference
Long positions above 70.30 with targets at 71.25 & 72.00 in extension.

Alternative scenario
Below 70.30 look for further downside with 69.85 & 69.35 as targets.

Comment
The RSI is bullish and calls for further upside.

S&P 500 (CME)

may fall to 4404.00 – 4418.00

Pivot
4444.00

Our preference
Short positions below 4444.00 with targets at 4418.00 & 4404.00 in extension.

Alternative scenario
Above 4444.00 look for further upside with 4456.00 & 4470.00 as targets.

Comment
As long as 4444.00 is resistance, expect a return to 4418.00.

Nasdaq 100 (CME)

may fall to 15275.00 – 15340.00

Pivot
15425.00

Our preference
Short positions below 15425.00 with targets at 15340.00 & 15275.00 in extension.

Alternative scenario
Above 15425.00 look for further upside with 15490.00 & 15560.00 as targets.

Comment
As long as 15425.00 is resistance, expect a return to 15340.00.

Hang Seng (HKFE)

may fall to 24950.00 – 25100.00

Pivot
25480.00

Our preference
Short positions below 25480.00 with targets at 25100.00 & 24950.00 in extension.

Alternative scenario
Above 25480.00 look for further upside with 25660.00 & 25890.00 as targets.

Comment

As long as the resistance at 25480.00 is not surpassed, the risk of the break below 25100.00 remains high.

Disclaimer:
This report is prepared and published by Trading Central for all clients of Doo Prime. As a third-party indicator tool, Trading Central is only for your strategic reference during the investment process and does not constitute advice or a recommendation by Doo Prime or Trading Central. Neither Doo Prime nor Trading Central are responsible to bear the relevant legal liabilities for the investment risks arising from your use of this report to make buying and selling decisions.