EUR/USD Intraday: aim @ 1.1245.
Pivot: 1.1190
Our preference: long positions above 1.1190 with targets at 1.1230 & 1.1245 in extension.
Alternative scenario: below 1.1190 look for further downside with 1.1175 & 1.1160 as targets.
Comment: the RSI advocates for further upside.
GBP/USD Intraday: towards 1.2760.
Pivot: 1.2695
Our preference: long positions above 1.2695 with targets at 1.2745 & 1.2760 in extension.
Alternative scenario: below 1.2695 look for further downside with 1.2655 & 1.2625 as targets.
Comment: technically the RSI is above its neutrality area at 50.
AUD/USD Intraday: further advance.
Pivot: 0.6915
Our preference: long positions above 0.6915 with targets at 0.6950 & 0.6960 in extension.
Alternative scenario: below 0.6915 look for further downside with 0.6900 & 0.6880 as targets.
Comment: the break above 0.6915 is a positive signal that has opened a path to 0.6950.
USD/JPY Intraday: rebound expected.
Pivot: 109.25
Our preference: long positions above 109.25 with targets at 109.50 & 109.70 in extension.
Alternative scenario: below 109.25 look for further downside with 109.00 & 108.80 as targets.
Comment: the RSI calls for a rebound.
Gold spot Intraday: 1291.00 in sight.
Pivot: 1280.50
Our preference: long positions above 1280.50 with targets at 1287.00 & 1291.00 in extension.
Alternative scenario: below 1280.50 look for further downside with 1277.00 & 1274.50 as targets.
Comment: the RSI is mixed to bullish.
Any information contained in this report should not be deemed to constitute investment advice and should not be relied upon as the basis for a decision to place a trade, or as the basis for any financial or investment decision.
Trading Central Trading Assistant
US Stocks CFDs Launched