Our preference: short positions below 1.1705 with targets at 1.1665 & 1.1645 in extension.
Alternative scenario: above 1.1705 look for further upside with 1.1730 & 1.1745 as targets.
Comment: the RSI is mixed to bearish.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced
USD/CHF Intraday: intraday support around 0.9895.
Pivot: 0.9895
Our preference: long positions above 0.9895 with targets at 0.9935 & 0.9955 in extension.
Alternative scenario: below 0.9895 look for further downside with 0.9885 & 0.9865 as targets.
Comment: the RSI lacks downward momentum.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced
USD/JPY Intraday: the upside prevails.
Pivot: 111.55
Our preference: long positions above 111.55 with targets at 112.20 & 112.50 in extension.
Alternative scenario: below 111.55 look for further downside with 111.15 & 110.90 as targets.
Comment: the RSI lacks downward momentum.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced
GBP/USD Intraday: rebound.
Pivot: 1.3095
Our preference: long positions above 1.3095 with targets at 1.3150 & 1.3170 in extension.
Alternative scenario: below 1.3095 look for further downside with 1.3080 & 1.3050 as targets.
Comment: the RSI shows upside momentum.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced
AUD/USD Intraday: consolidation.
Pivot: 0.7430
Our preference: short positions below 0.7430 with targets at 0.7400 & 0.7385 in extension.
Alternative scenario: above 0.7430 look for further upside with 0.7440 & 0.7450 as targets.
Comment: the RSI lacks upward momentum.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced
USD/CAD Intraday: intraday support around 1.2990.
Pivot: 1.2990
Our preference: long positions above 1.2990 with targets at 1.3035 & 1.3055 in extension.
Alternative scenario: below 1.2990 look for further downside with 1.2960 & 1.2930 as targets.
Comment: the RSI shows upside momentum.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced
Gold spot Intraday: the downside prevails.
Pivot: 1225.00
Our preference: short positions below 1225.00 with targets at 1217.00 & 1213.50 in extension.
Alternative scenario: above 1225.00 look for further upside with 1228.50 & 1231.00 as targets.
Comment: the RSI is mixed to bearish.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced
Crude Oil (WTI) (U18) Intraday: key resistance at 68.66.
Pivot: 68.66
Our preference: short positions below 68.66 with targets at 67.84 & 67.50 in extension.
Alternative scenario: above 68.66 look for further upside with 69.20 & 69.65 as targets.
Comment: the RSI is mixed to bearish.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced
