EUR/USD Intraday: target 1.1190.
Pivot:1.1145
Our preference: long positions above 1.1145 with targets at 1.1175 & 1.1190 in extension.
Alternative scenario: below 1.1145 look for further downside with 1.1130 & 1.1115 as targets.
Comment: the RSI calls for a bounce.
GBP/USD Intraday: towards 1.2905.
Pivot:1.2975
Our preference: short positions below 1.2975 with targets at 1.2920 & 1.2905 in extension.
Alternative scenario: above 1.2975 look for further upside with 1.2990 & 1.3010 as targets.
Comment: the RSI calls for a new downleg.
AUD/USD Intraday: the upside prevails.
Pivot:0.6890
Our preference: long positions above 0.6890 with targets at 0.6930 & 0.6940 in extension.
Alternative scenario: below 0.6890 look for further downside with 0.6880 & 0.6865 as targets.
Comment: the RSI calls for a new upleg.
USD/JPY Intraday:continuation of the rebound.
Pivot:108.05
Our preference: long positions above 108.05 with targets at 108.30 & 108.45 in extension.
Alternative scenario: below 108.05 look for further downside with 107.90 & 107.75 as targets.
Comment: the RSI advocates for further advance.
Gold spot Intraday:towards 1519.50.
Pivot:1507.00
Our preference: long positions above 1507.00 with targets at 1516.00 & 1519.50 in extension.
Alternative scenario: below 1507.00 look for further downside with 1503.00 & 1499.50 as targets.
Comment: the RSI is mixed with a bullish bias.
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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