EUR, GBP, JPY, CAD, Gold Intraday Technical Overview
FxGrow | Mar 15, 2018 04:23AM ET
EUR/USD Intraday: consolidation.
Pivot: 1.2390
Our preference: short positions below 1.2390 with targets at 1.2345 and 1.2315 in extension.
Alternative scenario: above 1.2390 look for further upside with 1.2415 and 1.2445 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
1.2445 1.2415 1.2390
1.2365 Last seen
1.2345 1.2315 1.2290
GBP/USD Intraday: key resistance at 1.3995.
Pivot: 1.3995
Our preference: short positions below 1.3995 with targets at 1.3925 and 1.3875 in extension.
Alternative scenario: above 1.3995 look for further upside with 1.4030 and 1.4070 as targets.
Comment: the RSI is mixed to bearish.
Supports and resistances:
1.4070 1.4030 1.3995
1.3950 Last seen
1.3925 1.3875 1.3840
USD/JPY Intraday: the downside prevails.
Pivot: 106.35
Our preference: short positions below 106.35 with targets at 105.60 and 105.20 in extension.
Alternative scenario: above 106.35 look for further upside with 106.75 and 107.05 as targets.
Comment: the RSI is mixed to bearish.
Supports and resistances:
107.05 106.75 106.35
105.95 Last seen
105.60 105.20 105.00
USD/CAD Intraday: the upside prevails.
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Pivot: 1.2915
Our preference: long positions above 1.2915 with targets at 1.2975 and 1.3000 in extension.
Alternative scenario: below 1.2915 look for further downside with 1.2875 and 1.2830 as targets.
Comment: the RSI is mixed to bullish.
Supports and resistances:
1.3050 1.3000 1.2975
1.2950 Last seen
1.2915 1.2875 1.2830
NZD/USD Intraday: capped by a negative trend line.
Pivot: 0.7335
Our preference: short positions below 0.7335 with targets at 0.7300 and 0.7280 in extension.
Alternative scenario: above 0.7335 look for further upside with 0.7355 and 0.7375 as targets.
Comment: the RSI is mixed to bearish.
Supports and resistances:
0.7375 0.7355 0.7335
0.7318 Last seen
0.7300 0.7280 0.7255
AUD/USD Intraday: turning down.
Pivot: 0.7895
Our preference: short positions below 0.7895 with targets at 0.7845 and 0.7830 in extension.
Alternative scenario: above 0.7895 look for further upside with 0.7915 and 0.7940 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
0.7940 0.7915 0.7895
0.7870 Last
0.7845 0.7830 0.7810
Gold Spot Intraday: consolidation in place.
Pivot: 1318.00
Our preference: long positions above 1318.00 with targets at 1330.00 and 1336.50 in extension.
Alternative scenario: below 1318.00 look for further downside with 1312.50 and 1307.00 as targets.
Comment: the RSI is supported by a bullish trend line.
Supports and resistances:
1340.50 1336.50 1330.00
1326.24 Last seen
1318.00 1312.50 1307.00
Crude Oil WTI (J18) Intraday: choppy.
Pivot: 61.35
Our preference: short positions below 61.35 with targets at 60.60 and 60.30 in extension.
Alternative scenario: above 61.35 look for further upside with 61.70 and 61.95 as targets.
Comment: as long as 61.35 is resistance, look for choppy price action with a bearish bias. The RSI lacks upward momentum.
Supports and resistances:
61.95 61.70 61.35
61.03 Last seen
60.60 60.30 59.95
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