Daily Technical Overview
FxGrow | Sep 19, 2017 06:17AM ET
GBP/USD Intraday: key resistance at 1.3565.
Pivot: 1.3565
Our preference: short positions below 1.3565 with targets at 1.3425 & 1.3380 in extension.
Alternative scenario: above 1.3565 look for further upside with 1.3620 & 1.3700 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
1.3700
1.3620
1.3565
1.3493 Last price
1.3425
1.3380
1.3330
USD/JPY Intraday: the upside prevails.
Pivot: 111.20
Our preference: long positions above 111.20 with targets at 111.90 & 112.10 in extension.
Alternative scenario: below 111.20 look for further downside with 110.95 & 110.60 as targets.
Comment: the RSI is mixed to bullish.
Supports and resistances:
112.40
112.10
111.90
111.57 Last price
111.20
110.95
110.60
EUR/USD Intraday: the bias remains bullish.
Pivot: 1.1940
Our preference: long positions above 1.1940 with targets at 1.2010 & 1.2030 in extension.
Alternative scenario: below 1.1940 look for further downside with 1.1920 & 1.1900 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.2050
1.2030
1.2010
1.1970 Last price
1.1940
1.1920
1.1900
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AUD/USD Intraday: caution.
Pivot: 0.7990
Our preference: short positions below 0.7990 with targets at 0.7955 & 0.7935 in extension.
Alternative scenario: above 0.7990 look for further upside with 0.8010 & 0.8035 as targets.
Comment: the RSI is mixed and calls for caution.
Supports and resistances:
0.8035
0.8010
0.7990
0.7965 Last price
0.7955
0.7935
0.7910
Gold spot Intraday: under pressure.
Pivot: 1312.00
Our preference: short positions below 1312.00 with targets at 1304.50 & 1298.00 in extension.
Alternative scenario: above 1312.00 look for further upside with 1319.00 & 1324.00 as targets.
Comment: the RSI is mixed with a bearish bias.
Supports and resistances:
1324.00
1319.00
1312.00
1307.35 Last
1304.50
1298.00
1293.00
Crude Oil (WTI) (V7) Intraday: further upside.
Pivot: 49.45
Our preference: long positions above 49.45 with targets at 50.50 & 50.84 in extension.
Alternative scenario: below 49.45 look for further downside with 49.15 & 48.75 as targets.
Comment: the RSI is bullish and calls for further advance.
Supports and resistances:
51.16
50.84
50.50
50.15 Last price
49.45
49.15
48.75
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