Sample Category Title

Silver Spot Expect 15.0000

Pivot (invalidation): 15.3100

Our preference Short positions below 15.3100 with targets at 15.1000 & 15.0000 in extension.

Alternative scenario Above 15.3100 look for further upside with 15.4000 & 15.4600 as targets.

Comment As Long as the resistance at 15.3100 is not surpassed, the risk of the break below 15.1000 remains high.

Gold Spot Under Pressure

Pivot (invalidation): 1405.50

Our preference Short positions below 1405.50 with targets at 1384.00 & 1373.00 in extension.

Alternative scenario Above 1405.50 look for further upside with 1415.00 & 1425.00 as targets.

Comment The RSI has broken down its 30 level.

S&P 500 Further Advance

Pivot (invalidation): 2928.00

Our preference Long positions above 2928.00 with targets at 2948.00 & 2964.00 in extension.

Alternative scenario Below 2928.00 look for further downside with 2912.00 & 2895.00 as targets.

Comment The RSI is bullish and calls for further advance.

DAX Watch 12440.00

Pivot (invalidation): 12310.00

Our preference Long positions above 12310.00 with targets at 12440.00 & 12500.00 in extension.

Alternative scenario Below 12310.00 look for further downside with 12240.00 & 12190.00 as targets.

Comment The RSI is bullish and calls for further advance.

USD/TRY The Downside Prevails

Pivot (invalidation): 5.7750

Our preference Short positions below 5.7750 with targets at 5.7260 & 5.7000 in extension.

Alternative scenario Above 5.7750 look for further upside with 5.8000 & 5.8260 as targets.

Comment The RSI calls for a new downleg.

AUD/USD Break Of A ST Rising Trendline Support

Pivot (invalidation): 0.7030

Our preference Short positions below 0.7030 with targets at 0.6985 & 0.6970 in extension.

Alternative scenario Above 0.7030 look for further upside with 0.7045 & 0.7065 as targets.

Comment The RSI calls for a new downleg.

USD/CAD Range

Pivot (invalidation): 1.3105

Our preference Short positions below 1.3105 with targets at 1.3075 & 1.3055 in extension.

Alternative scenario Above 1.3105 look for further upside with 1.3120 & 1.3135 as targets.

Comment A break below 1.3075 would trigger a drop towards 1.3055.

USD/CHF Further Advance

Pivot (invalidation): 0.9780

Our preference Long positions above 0.9780 with targets at 0.9835 & 0.9860 in extension.

Alternative scenario Below 0.9780 look for further downside with 0.9765 & 0.9735 as targets.

Comment The RSI is bullish and calls for further advance.

USD/JPY The Upside Prevails

Pivot (invalidation): 107.90

Our preference Long positions above 107.90 with targets at 108.50 & 108.70 in extension.

Alternative scenario Below 107.90 look for further downside with 107.70 & 107.55 as targets.

Comment The RSI advocates for further upside.

GBP/USD Key Resistance At 1.2725

Pivot (invalidation): 1.2725

Our preference Short positions below 1.2725 with targets at 1.2680 & 1.2660 in extension.

Alternative scenario Above 1.2725 look for further upside with 1.2745 & 1.2765 as targets.

Comment A break below 1.2680 would trigger a drop towards 1.2660.