EUR/USD Intraday: watch 1.1035.
Pivot: 1.1110
Our preference: short positions below 1.1110 with targets at 1.1060 & 1.1035 in extension.
Alternative scenario: above 1.1110 look for further upside with 1.1130 & 1.1150 as targets.
Comment: a break below 1.1060 would trigger a drop towards 1.1035.
GBP/USD Intraday: watch 1.2090.
Pivot: 1.2200
Our preference: short positions below 1.2200 with targets at 1.2120 & 1.2090 in extension.
Alternative scenario: above 1.2200 look for further upside with 1.2245 & 1.2280 as targets.
Comment: the RSI lacks upward momentum.
AUD/USD Intraday: target 0.6805.
Pivot: 0.6875
Our preference: short positions below 0.6875 with targets at 0.6830 & 0.6805 in extension.
Alternative scenario: above 0.6875 look for further upside with 0.6895 & 0.6915 as targets.
Comment: a break below 0.6830 would trigger a drop towards 0.6805.
USD/JPY Intraday: the bias remains bullish.
Pivot: 108.65
Our preference: long positions above 108.65 with targets at 109.00 & 109.15 in extension.
Alternative scenario: below 108.65 look for further downside with 108.45 & 108.30 as targets.
Comment: the RSI advocates for further advance.
Gold spot Intraday: the downside prevails.
Pivot: 1420.00
Our preference: short positions below 1420.00 with targets at 1406.00 & 1399.00 in extension.
Alternative scenario: above 1420.00 look for further upside with 1425.00 & 1432.00 as targets.
Comment: the RSI shows downside momentum.
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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