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EUR/USD Intraday: consolidation.
Pivot: 1.1165
Our preference: short positions below 1.1165 with targets at 1.1130 & 1.1110 in extension.
Alternative scenario: above 1.1165 look for further upside with 1.1185 & 1.1210 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/CHF Intraday: the upside prevails.
Pivot: 0.9715
Our preference: long positions above 0.9715 with targets at 0.9770 & 0.9795 in extension.
Alternative scenario: below 0.9715 look for further downside with 0.9700 & 0.9680 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
USD/JPY Intraday: under pressure.
Pivot: 106.25
Our preference: short positions below 106.25 with targets at 105.60 & 105.30 in extension.
Alternative scenario: above 106.25 look for further upside with 106.75 & 106.95 as targets.
Comment: the RSI shows downside 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: the bias remains bullish.
Pivot: 1.2075
Our preference: long positions above 1.2075 with targets at 1.2120 & 1.2145 in extension.
Alternative scenario: below 1.2075 look for further downside with 1.2060 & 1.2045 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: the upside prevails.
Pivot: 0.6760
Our preference: long positions above 0.6760 with targets at 0.6785 & 0.6800 in extension.
Alternative scenario: below 0.6760 look for further downside with 0.6745 & 0.6730 as targets.
Comment: the RSI is mixed with a bullish bias.
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: consolidation.
Pivot: 1.3325
Our preference: short positions below 1.3325 with targets at 1.3280 & 1.3265 in extension.
Alternative scenario: above 1.3325 look for further upside with 1.3355 & 1.3380 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
Gold spot Intraday: break of a ST rising trendline support.
Pivot: 1524.00
Our preference: short positions below 1524.00 with targets at 1502.00 & 1496.00 in extension.
Alternative scenario: above 1524.00 look for further upside with 1528.50 & 1535.00 as targets.
Comment: the RSI calls for a drop.
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) (U9) Intraday: the downside prevails.
Pivot: 55.30
Our preference: short positions below 55.30 with targets at 53.55 & 52.95 in extension.
Alternative scenario: above 55.30 look for further upside with 55.70 & 56.45 as targets.
Comment: the RSI shows downside 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
