Sample Category Title
EUR/USD Intraday Support Around 1.1260
Pivot (invalidation): 1.1260
Our preference Long positions above 1.1260 with targets at 1.1285 & 1.1305 in extension.
Alternative scenario Below 1.1260 look for further downside with 1.1245 & 1.1230 as targets.
Comment The RSI is above its neutrality area at 50%.
USD/TRY Watch 5.6280
Pivot (invalidation): 5.7000
Our preference Short positions below 5.7000 with targets at 5.6520 & 5.6280 in extension.
Alternative scenario Above 5.7000 look for further upside with 5.7200 & 5.7400 as targets.
Comment The RSI calls for a new downleg.
AUD/USD Intraday Support Around 0.7150
Pivot (invalidation): 0.7150
Our preference Long positions above 0.7150 with targets at 0.7175 & 0.7195 in extension.
Alternative scenario Below 0.7150 look for further downside with 0.7130 & 0.7110 as targets.
Comment The RSI lacks downward momentum.
USD/CAD Rebound
Pivot (invalidation): 1.3315
Our preference Long positions above 1.3315 with targets at 1.3360 & 1.3385 in extension.
Alternative scenario Below 1.3315 look for further downside with 1.3300 & 1.3280 as targets.
Comment The RSI is bullish and calls for further advance.
USD/CHF The Upside Prevails
Pivot (invalidation): 1.0010
Our preference Long positions above 1.0010 with targets at 1.0035 & 1.0050 in extension.
Alternative scenario Below 1.0010 look for further downside with 0.9990 & 0.9975 as targets.
Comment The RSI is above its neutrality area at 50%.
S&P 500 The Bias Remains Bullish
Pivot (invalidation): 2875.25
Our preference Long positions above 2875.25 with targets at 2896.00 & 2909.50 in extension.
Alternative scenario Below 2875.25 look for further downside with 2869.00 & 2859.25 as targets.
Comment The RSI advocates for further upside.
DAX Intraday Support Around 11850.00
Pivot (invalidation): 11850.00
Our preference Long positions above 11850.00 with targets at 11950.00 & 11990.00 in extension.
Alternative scenario Below 11850.00 look for further downside with 11790.00 & 11750.00 as targets.
Comment The RSI is mixed.
Crude Oil Supported By A Rising Trend Line
Pivot (invalidation): 64.15
Our preference Long positions above 64.15 with targets at 64.75 & 65.20 in extension.
Alternative scenario Below 64.15 look for further downside with 63.85 & 63.70 as targets.
Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Silver Spot Bullish Bias Above 15.1400
Pivot (invalidation): 15.1400
Our preference Long positions above 15.1400 with targets at 15.2900 & 15.3400 in extension.
Alternative scenario Below 15.1400 look for further downside with 15.0700 & 15.0000 as targets.
Comment The RSI lacks downward momentum.
Gold Spot Bullish Bias Above 1304.50
Pivot (invalidation): 1304.50
Our preference Long positions above 1304.50 with targets at 1310.50 & 1314.00 in extension.
Alternative scenario Below 1304.50 look for further downside with 1301.00 & 1297.00 as targets.
Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
