EUR/USD Intraday: under pressure
Pivot: 1.2365
Our preference: short positions below 1.2365 with targets at 1.2330 and 1.2305 in extension.
Alternative scenario: above 1.2365 look for further upside with 1.2385 and 1.2400 as targets.
Comment: the RSI is mixed to bearish.
Supports and resistances:
1.2400 1.2385 1.2365
1.2350 Last seen
1.2330 1.2305 1.2280
GBP/USD Intraday: the downside prevails
Pivot: 1.4135
Our preference: short positions below 1.4135 with targets at 1.4025 and 1.3985 in extension.
Alternative scenario: above 1.4135 look for further upside with 1.4170 and 1.4215 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
1.4215 1.4170 1.4135
1.4080 Last seen
1.4025 1.3985 1.3950
USD/JPY Intraday: supported by a rising trend line.
Pivot: 107.35
Our preference: long positions above 107.35 with targets at 107.80 and 108.05 in extension.
Alternative scenario: below 107.35 look for further downside with 107.15 and 106.85 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
108.30 108.05 107.80
107.55 Last seen
107.35 107.15 106.85
USD/CAD Intraday: the bias remains bullish.
Pivot: 1.2630
Our preference: long positions above 1.2630 with targets at 1.2685 and 1.2720 in extension.
Alternative scenario: below 1.2630 look for further downside with 1.2600 and 1.2580 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.2745 1.2720 1.2685
1.2655 Last seen
1.2630 1.2600 1.2580
NZD/USD Intraday: the downside prevails.
Pivot: 0.7290
Our preference: short positions below 0.7290 with targets at 0.7225 and 0.7200 in extension.
Alternative scenario: above 0.7290 look for further upside with 0.7330 and 0.7345 as targets.
Comment: the RSI has broken down its 30 level.
Supports and resistances:
0.7345 0.7330 0.7290
0.7255 Last
0.7225 0.7200 0.7175
AUD/USD Intraday: under pressure.
Pivot: 0.7740
Our preference: short positions below 0.7740 with targets at 0.7700 and 0.7685 in extension.
Alternative scenario: above 0.7740 look for further upside with 0.7760 and 0.7785 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
0.7785 0.7760 0.7740
0.7720 Last
0.7700 0.7685 0.7660
Gold spot Intraday: under pressure.
Pivot: 1347.00
Our preference: short positions below 1347.00 with targets at 1337.50 and 1334.50 in extension.
Alternative scenario: above 1347.00 look for further upside with 1351.00 and 1356.00 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
1356.00 1351.00 1347.00
1342.09 Last seen
1337.50 1334.50 1331.00
Crude Oil (WTI) (K18) Intraday: 67.70 expected.
Pivot: 68.95
Our preference: short positions below 68.95 with targets at 67.70 and 66.90 in extension.
Alternative scenario: above 68.95 look for further upside with 69.55 and 70.20 as targets.
Comment: the RSI is bearish and calls for further decline. The prices are trading below the 50-period moving average.
Supports and resistances:
70.20 69.55 68.95
68.27 Last seen
67.70 66.90 66.15