GOLD (Spot) intraday: bullish bias above 1387
Pivot: 1387.00
Our Preference: LONG positions above 1387 with 1424 & 1443 in sight.
Alternative scenario: The downside breakout of 1387 will open the way to 1373 & 1350.
Comment: the RSI advocates for further advance.
Our Preference: LONG positions above 1387 with 1424 & 1443 in sight.
Alternative scenario: The downside breakout of 1387 will open the way to 1373 & 1350.
Comment: the RSI advocates for further advance.
EUR/USD intraday: key ST resistance at 1.3825
Alternative scenario: Above 1.3825 look for further upside with 1.39 & 1.3975 as targets.
Comment: the pair has struck against its resistance and remains under pressure.
GBP/USD intraday: under pressure
Our preference: Short positions below 1.6175 with targets @ 1.6075 & 1.602 in extension.Alternative scenario: Above 1.6175 look for further upside with 1.6245 & 1.63 as targets.
Comment: the pair stands below its resistance and remains under pressure.
USD/JPY intraday: intraday support around 81.9
Our preference: Long positions above 81.9 with targets @ 82.4 & 82.75 in extension.
Alternative scenario: Below 81.9 look for further downside with 81.55 & 81.25 as targets.
Comment: the pair stands above its support, the RSI is mixed to bullish.
AUD/USD intraday: under pressure
Our preference: Short positions below 1.0085 with targets @ 0.9975 & 0.9915 in extension.
Alternative scenario: Above 1.0085 look for further upside with 1.0125 & 1.0175 as targets.
Comment: the RSI is capped by a declining trend line
Alternative scenario: Above 1.0085 look for further upside with 1.0125 & 1.0175 as targets.
Comment: the RSI is capped by a declining trend line
USD/CAD intraday: the downside prevails
Our preference: Short positions below 1.005 with targets @ 0.998 & 0.996 in extension.
Alternative scenario: Above 1.005 look for further upside with 1.007 & 1.0095 as targets.
Comment: the pair remains under pressure and is challenging its support.
Alternative scenario: Above 1.005 look for further upside with 1.007 & 1.0095 as targets.
Comment: the pair remains under pressure and is challenging its support.
NZD/USD intraday: under pressure.
Our preference: Short positions below 0.7885 with targets @ 0.78 & 0.777 in extension.
Alternative scenario: Above 0.7885 look for further upside with 0.7915 & 0.7975 as targets.
Comment: the pair is rebounding but stands below its resistance, the RSI is capped by a declining trend line.
Alternative scenario: Above 0.7885 look for further upside with 0.7915 & 0.7975 as targets.
Comment: the pair is rebounding but stands below its resistance, the RSI is capped by a declining trend line.
EUR/JPY intraday: intraday support around 112.6
Our preference: Long positions above 112.6 with targets @ 113.25 & 113.75 in extension.
Alternative scenario: Below 112.6 look for further downside with 112.1 & 111.75 as targets.
Comment: the pair is posting a rebound on its new support as the RSI is turning up.
Alternative scenario: Below 112.6 look for further downside with 112.1 & 111.75 as targets.
Comment: the pair is posting a rebound on its new support as the RSI is turning up.
GBP/JPY intraday: rebound expected
Our preference: Long positions above 132 with targets @ 133.1 & 133.75 in extension.
Alternative scenario: Below 132 look for further downside with 131.5 & 131 as targets
Alternative scenario: Below 132 look for further downside with 131.5 & 131 as targets
Comment: the pair is rebounding on its support as the RSI is turning up.
EUR/GBP intraday: under pressure
Our preference: Short positions below 0.855 with targets @ 0.8495 & 0.844 in extension.
Alternative scenario: Above 0.855 look for further upside with 0.8585 & 0.8645 as targets.
Comment: the pair is posting a rebound but stands below its new resistance.
Alternative scenario: Above 0.855 look for further upside with 0.8585 & 0.8645 as targets.
Comment: the pair is posting a rebound but stands below its new resistance.
EUR/CHF intraday: under pressure
Alternative scenario: Above 1.339 look for further upside with 1.344 & 1.348 as targets.
Comment: the pair is under pressure and is challenging its previous low.
USD/CHF intraday: intraday support around 0.965
Alternative scenario: Below 0.965 look for further downside with 0.9625 & 0.959 as targets.
Comment: the pair stands above its support, the RSI is turning up.