EUR/USD Intraday: further advance.
Pivot:1.1015
Our preference: long positions above 1.1015 with targets at 1.1045 & 1.1055 in extension.
Alternative scenario: below 1.1015 look for further downside with 1.1000 & 1.0990 as targets.
Comment: the RSI is bullish and calls for further advance.
GBP/USD Intraday:bullish bias above 1.2830.
Pivot:1.2830
Our preference: long positions above 1.2830 with targets at 1.2875 & 1.2900 in extension.
Alternative scenario: below 1.2830 look for further downside with 1.2805 & 1.2785 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
AUD/USD Intraday: towards 0.6830.
Pivot:0.6860
Our preference: short positions below 0.6860 with targets at 0.6840 & 0.6830 in extension.
Alternative scenario: above 0.6860 look for further upside with 0.6870 & 0.6885 as targets.
Comment: a break below 0.6840 would trigger a drop towards 0.6830.
USD/JPY Intraday: rebound expected.
Pivot:108.90
Our preference: long positions above 108.90 with targets at 109.10 & 109.25 in extension.
Alternative scenario: below 108.90 look for further downside with 108.75 & 108.60 as targets.
Comment: technically the RSI is above its neutrality area at 50.
Gold spot Intraday:key resistance at 1460.00.
Pivot:1460.00
Our preference: short positions below 1460.00 with targets at 1452.00 & 1448.00 in extension.
Alternative scenario: above 1460.00 look for further upside with 1463.00 & 1466.00 as targets.
Comment: the RSI is below 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