GOLD (Spot) intraday: bullish bias above 1387
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.
Trend: ST Ltd upside; MT Bullish
XAU/AUD Intraday: the upside prevails
Our preference: Long positions above 1385 with targets @ 1422 & 1441 in extension.
Alternative scenario: Below 1385 look for further downside with 1371 & 1348 as targets.
Comment: the RSI is bullish and calls for further upside.
Alternative scenario: Below 1385 look for further downside with 1371 & 1348 as targets.
Comment: the RSI is bullish and calls for further upside.

EUR/USD intraday: under pressure
Alternative scenario: Above 1.375 look for further upside with 1.3825 & 1.39 as targets.
Comment: the downward potential should be limited by the 1.3585 support area.
GBP/USD intraday: key ST resistance at 1.6175
Pivot: 1.6175 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: the upside prevails
Our preference: Long positions above 82.2 with targets @ 82.75 & 83 in extension.Alternative scenario: Below 82.2 look for further downside with 81.9 & 81.55 as targets.
Comment: the pair stands above its support, the RSI is mixed to bullish.
EUR/JPY intraday: under pressure.
Our preference: Short positions below 113.15 with targets @ 112.1 & 111.75 in extension.Alternative scenario: Above 113.15 look for further upside with 113.75 & 114 as targets.
Comment: the RSI is mixed with a bearish bias.
GBP/JPY intraday: the bias remains bullish
Our preference: Long positions above 132.25 with targets @ 133.25 & 133.75 in extension.Alternative scenario: Below 132.25 look for further downside with 131.5 & 131 as targets.
Comment: the RSI is mixed with a bullish bias.
AUD/USD intraday: under pressure
Our preference: Short positions below 1.0035 with targets @ 0.9915 & 0.9895 in extension.Alternative scenario: Above 1.0035 look for further upside with 1.009 & 1.0125 as targets.
Comment: the RSI is capped by a declining trend line.
USD/CAD intraday: bullish bias above 1.002
Pivot: 1.002 Our preference: Long positions above 1.002 with targets @ 1.0075 & 1.0095 in extension. Alternative scenario: Below 1.002 look for further downside with 0.998 & 0.996 as targets. Comment: the RSI is mixed with a bullish bias. |
EUR/GBP intraday: under pressure
Our preference: Short positions below 0.852 with targets @ 0.844 & 0.84 in extension.Alternative scenario: Above 0.852 look for further upside with 0.855 & 0.8585 as targets.
Comment: the pair has broken below its support and remains under pressure, the RSI is mixed to bearish.
USD/CHF intraday: the upside prevails
Our preference: Long positions above 0.971 with targets @ 0.98 & 0.982 in extension.Alternative scenario: Below 0.971 look for further downside with 0.968 & 0.965 as targets.
Comment: the RSI is mixed with a bullish bias.
AUD/JPY Intraday: the upside prevails
Our preference: Long positions above 81.7 with targets @ 83.25 & 83.75 in extension.Alternative scenario: Below 81.7 look for further downside with 81.05 & 80.55 as targets.
Comment: the RSI is mixed with a bullish bias.
NZD/JPY Intraday: the bias remains bullish
Our preference: Long positions above 63.6 with targets @ 64.85 & 65.3 in extension.Alternative scenario: Below 63.6 look for further downside with 63.15 & 62.75 as targets.
Comment: the RSI is mixed with a bullish bias.