EUR/USD Intraday: bullish bias above 1.1120.
Pivot:1.1120
Our preference: long positions above 1.1120 with targets at 1.1140 & 1.1155 in extension.
Alternative scenario: below 1.1120 look for further downside with 1.1105 & 1.1085 as targets.
Comment: technically the RSI is above its neutrality area at 50.
GBP/USD Intraday: aim @ 1.2970.
Pivot:1.2875
Our preference: long positions above 1.2875 with targets at 1.2940 & 1.2970 in extension.
Alternative scenario: below 1.2875 look for further downside with 1.2840 & 1.2810 as targets.
Comment: the RSI lacks downward momentum.
AUD/USD Intraday: turning down.
Pivot:0.6855
Our preference: short positions below 0.6855 with targets at 0.6835 & 0.6825 in extension.
Alternative scenario: above 0.6855 look for further upside with 0.6870 & 0.6880 as targets.
Comment: the RSI calls for a new downleg.
USD/JPY Intraday: turning down.
Pivot:108.70
Our preference: short positions below 108.70 with targets at 108.50 & 108.40 in extension.
Alternative scenario: above 108.70 look for further upside with 108.80 & 108.90 as targets.
Comment: the RSI calls for a new downleg.
Gold spot Intraday:the bias remains bullish.
Pivot:1490.00
Our preference: long positions above 1490.00 with targets at 1496.00 & 1498.50 in extension.
Alternative scenario: below 1490.00 look for further downside with 1486.50 & 1484.00 as targets.
Comment: the RSI is above its neutrality area at 50%.
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