EUR/USD Intraday: the downside prevails.
Pivot: 1.1620
Our preference: short positions below 1.1620 with targets at 1.1580 & 1.1560 in extension.
Alternative scenario: above 1.1620 look for further upside with 1.1640 & 1.1665 as targets.
Comment: as long as 1.1620 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.1665 **
1.1640 **
1.1620 ***
1.1589 Last
1.1580 *
1.1560 *
1.1530 **
AUD/USD Intraday: intraday support around 0.7670.
Pivot: 0.7670
Our preference: long positions above 0.7670 with targets at 0.7695 & 0.7710 in extension.
Alternative scenario: below 0.7670 look for further downside with 0.7650 & 0.7635 as targets.
Comment: the break above 0.7670 is a positive signal that has opened a path to 0.7695.
Supports and resistances:
0.7730 **
0.7710 **
0.7695 **
0.7677 Last
0.7670 ***
0.7650 *
0.7635 *
USD/JPY Intraday: the downside prevails.
Pivot: 114.15
Our preference: short positions below 114.15 with targets at 113.65 & 113.30 in extension.
Alternative scenario: above 114.15 look for further upside with 114.40 & 114.70 as targets.
Comment: the break below 114.15 is a negative signal that has opened a path to 113.65.
Supports and resistances:
114.70
114.40
114.15
114.13 Last
113.65
113.30
113.00
GBP/USD Intraday: bullish bias above 1.3125.
Pivot: 1.3125
Our preference: long positions above 1.3125 with targets at 1.3190 & 1.3235 in extension.
Alternative scenario: below 1.3125 look for further downside with 1.3080 & 1.3040 as targets.
Comment: the break above 1.3125 is a positive signal that has opened a path to 1.3190.
Supports and resistances:
1.3290 **
1.3235 *
1.3190 *
1.3170 Last
1.3125 ***
1.3080 *
1.3040 *
Crude Oil (WTI) (Z7) Intraday: further upside.
Pivot: 56.75
Our preference: long positions above 56.75 with targets at 58.00 & 58.40 in extension.
Alternative scenario: below 56.75 look for further downside with 56.10 & 55.65 as targets.
Comment: the RSI is supported by a bullish trend line.
Supports and resistances:
59.15
58.40
58.00
57.42 Last
56.75
56.10
55.65
Gold spot Intraday: the bias remains bullish.
Pivot: 1273.00
Our preference: long positions above 1273.00 with targets at 1284.00 & 1290.50 in extension.
Alternative scenario: below 1273.00 look for further downside with 1265.00 & 1260.00 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1296.50
1290.50
1284.00
1277.70 Last
1273.00
1265.00
1260.00