EUR/USD Intraday: further upside.
Pivot: 1.2280
Our preference: long positions above 1.2280 with targets at 1.2345 & 1.2370 in extension.
Alternative scenario: below 1.2280 look for further downside with 1.2255 & 1.2235 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
1.2405 1.2370 1.2345
1.2320 Last seen
1.2280 1.2255 1.2235
GBP/USD Intraday: key resistance at 1.3875.
Pivot: 1.3875
Our preference: short positions below 1.3875 with targets at 1.3800 & 1.3760 in extension.
Alternative scenario: above 1.3875 look for further upside with 1.3915 & 1.3990 as targets.
Comment: as long as the resistance at 1.3875 is not surpassed, the risk of the break below 1.3800 remains high.
Supports and resistances:
1.3990 1.3915 1.3875
1.3835 Last seen
1.3800 1.3760 1.3690
USD/JPY Intraday: under pressure.
Pivot: 108.45
Our preference: short positions below 108.45 with targets at 107.30 & 107.05 in extension.
Alternative scenario: above 108.45 look for further upside with 108.85 & 109.25 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
109.25 108.85 108.45
108.00 Last seen
107.30 107.05 106.60
USD/CAD Intraday: under pressure.
Pivot: 1.2630
Our preference: short positions below 1.2630 with targets at 1.2550 & 1.2500 in extension.
Alternative scenario: above 1.2630 look for further upside with 1.2685 & 1.2725 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
1.2725 1.2685 1.2630
1.2580 Last seen
1.2550 1.2500 1.2460
NZD/USD Intraday: further advance.
Pivot: 0.7250
Our preference: long positions above 0.7250 with targets at 0.7325 & 0.7350 in extension.
Alternative scenario: below 0.7250 look for further downside with 0.7230 & 0.7200 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
0.7380 0.7350 0.7325
0.7285 Last
0.7250 0.7230 0.7200
AUD/USD Intraday: the upside prevails.
Pivot: 0.7810
Our preference: long positions above 0.7810 with targets at 0.7875 & 0.7910 in extension.
Alternative scenario: below 0.7810 look for further downside with 0.7770 & 0.7735 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
0.7955 0.7910 0.7875
0.7847 Last seen
0.7810 0.7770 0.7735
Gold Spot Intraday: further upside.
Pivot: 1321.00
Our preference: long positions above 1321.00 with targets at 1332.50 & 1335.50 in extension.
Alternative scenario: below 1321.00 look for further downside with 1316.00 & 1312.00 as targets.
Comment: the RSI is supported by a bullish trend line. Prices are ranging within a bullish channel.
Supports and resistances:
1339.00 1335.50 1332.50
1326.85 Last seen
1321.00 1316.00 1312.00
Crude Oil (WTI) (H18) Intraday: under pressure.
Pivot: 60.75
Our preference: short positions below 60.75 with targets at 58.75 & 58.05 in extension.
Alternative scenario: above 60.75 look for further upside with 61.35 & 62.10 as targets.
Comment: the RSI lacks upward momentum.
Supports and resistances:
62.10 61.35 60.75
59.50 Last seen
58.75 58.05 57.25