GOLD
Our Preference: LONG positions above 1349 with targets @ 1365 & 1375.
Alternative scenario: The downside penetration of 1349 will call for 1335 & 1325.
Comment: the price stands above its support threshold at 1349. The RSI is supported by a rising trend line.

AUDUSD
Pivot: 0.9905
Our preference: Long positions above 0.9905 with targets @ 1.007 & 1.016 in extension.
Alternative scenario: Below 0.9905 look for further downside with 0.9835 & 0.979 as targets.
Comment: the break above 0.9905 is a positive signal that has opened a path to 1.007.

USDJPY
Pivot: 80.80
Our Preference: SHORT positions @ 80.75 with 80.45 & 80.3 as next targets.
Alternative scenario: The upside penetration of 80.8 will call for a rebound towards 80.9 & 81.1.
Comment: the pair has struck against its resistance and remains under pressure.

EURJPY
Pivot: 111.8
Our preference: Long @ 111.87 with targets @ 112.5 & 112.85 in extension.
Alternative scenario: Below 111.8 look for further downside with 111.5 & 111.15 as targets.
CoMment: the pair stands above its new support and should post a further up move.
GBPJPY
Pivot: 129
Our preference: Long @ 129.15 with targets @ 129.6 & 130 in extension.
Alternative scenario: Below 129 look for further downside with 128.6 & 128.25 as targets.
Comment: the pair is supported by a rising trend line and is approaching its resistance.

EURCHF
Pivot: 1.377
Our preference: Long positions above 1.377 with targets @ 1.3845 & 1.3875 in extension.
Alternative scenario: Below 1.377 look for further downside with 1.3735 & 1.37 as targets.
Comment: the pair has rebounded on its new support and remains on the upside.
EURGBP
Pivot: 0.87
Our preference: Short positions below 0.87 with targets @ 0.865 & 0.8625 in extension.
Alternative scenario: Above 0.87 look for further upside with 0.872 & 0.8755 as targets.
Comment: the pair is posting a rebound but stands below its new resistance.
NZDUSD
Pivot: 0.7615
Our preference: Long positions above 0.7615 with targets @ 0.7695 & 0.771 in extension.
Alternative scenario: Below 0.7615 look for further downside with 0.76 & 0.756 as targets.
Comment: the immediate trend remains up and the momentum is strong.

EUR/USD intraday: further advance.
Our Preference: LONG positions @ 1.3885 with targets @ 1.395 & 1.401.Our Preference: LONG positions above 1349 with targets @ 1365 & 1375.
Alternative scenario: The downside penetration of 1349 will call for 1335 & 1325.
Comment: the price stands above its support threshold at 1349. The RSI is supported by a rising trend line.
AUDUSD
Pivot: 0.9905
Our preference: Long positions above 0.9905 with targets @ 1.007 & 1.016 in extension.
Alternative scenario: Below 0.9905 look for further downside with 0.9835 & 0.979 as targets.
Comment: the break above 0.9905 is a positive signal that has opened a path to 1.007.
USDJPY
Pivot: 80.80
Our Preference: SHORT positions @ 80.75 with 80.45 & 80.3 as next targets.
Alternative scenario: The upside penetration of 80.8 will call for a rebound towards 80.9 & 81.1.
Comment: the pair has struck against its resistance and remains under pressure.
EURJPY
Pivot: 111.8
Our preference: Long @ 111.87 with targets @ 112.5 & 112.85 in extension.
Alternative scenario: Below 111.8 look for further downside with 111.5 & 111.15 as targets.
CoMment: the pair stands above its new support and should post a further up move.
GBPJPY
Pivot: 129
Our preference: Long @ 129.15 with targets @ 129.6 & 130 in extension.
Alternative scenario: Below 129 look for further downside with 128.6 & 128.25 as targets.
Comment: the pair is supported by a rising trend line and is approaching its resistance.
EURCHF
Pivot: 1.377
Our preference: Long positions above 1.377 with targets @ 1.3845 & 1.3875 in extension.
Alternative scenario: Below 1.377 look for further downside with 1.3735 & 1.37 as targets.
Comment: the pair has rebounded on its new support and remains on the upside.
EURGBP
Pivot: 0.87
Our preference: Short positions below 0.87 with targets @ 0.865 & 0.8625 in extension.
Alternative scenario: Above 0.87 look for further upside with 0.872 & 0.8755 as targets.
Comment: the pair is posting a rebound but stands below its new resistance.
NZDUSD
Pivot: 0.7615
Our preference: Long positions above 0.7615 with targets @ 0.7695 & 0.771 in extension.
Alternative scenario: Below 0.7615 look for further downside with 0.76 & 0.756 as targets.
Comment: the immediate trend remains up and the momentum is strong.
EUR/USD intraday: further advance.
Alternative scenario: The downside penetration of 1.3875 will call for 1.3845 & 1.3805.
Comment: the pair has rebounded on its support and should post a further up move as the RSI is well directed.
USDCAD Pivot: 1.016 Our preference: Short positions below 1.016 with targets @ 1.009 & 1.0075 in extension. Alternative scenario: Above 1.016 look for further upside with 1.0185 & 1.022 as targets. Comment: the immediate trend remains down and the momentum is strong. GBP/USD intraday: bullish bias above 1.6 |
Alternative scenario: The downside breakout of 1.6 will open the way to 1.595 & 1.5895.
Comment: the pair stands above its new support and remains on the upside.