EUR/USD Intraday: the upside prevails.
Pivot: 1.1230
Our preference: long positions above 1.1230 with targets at 1.1275 & 1.1290 in extension.
Alternative scenario: below 1.1230 look for further downside with 1.1210 & 1.1190 as targets.
Comment: the RSI advocates for further upside.
GBP/USD Intraday: further advance.
Pivot: 1.2670
Our preference: long positions above 1.2670 with targets at 1.2715 & 1.2740 in extension.
Alternative scenario: below 1.2670 look for further downside with 1.2650 & 1.2630 as targets.
Comment: the RSI advocates for further advance.
AUD/USD Intraday: bullish bias above 0.6975.
Pivot: 0.6975
Our preference: long positions above 0.6975 with targets at 0.7005 & 0.7025 in extension.
Alternative scenario: below 0.6975 look for further downside with 0.6960 & 0.6940 as targets.
Comment: the break above 0.6975 is a positive signal that has opened a path to 0.7005.
USD/JPY Intraday: the bias remains bullish.
Pivot: 108.00
Our preference: long positions above 108.00 with targets at 108.40 & 108.70 in extension.
Alternative scenario: below 108.00 look for further downside with 107.80 & 107.55 as targets.
Comment: technically the RSI is above its neutrality area at 50.
Gold spot Intraday: the upside prevails.
Pivot: 1320.00
Our preference: long positions above 1320.00 with targets at 1335.00 & 1339.00 in extension.
Alternative scenario: below 1320.00 look for further downside with 1314.00 & 1309.00 as targets.
Comment: the RSI calls for a new upleg.
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.
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