Sample Category Title

Silver Spot Further Upside

Pivot (invalidation): 15.6000

Our preference Long positions above 15.6000 with targets at 15.7200 & 15.7800 in extension.

Alternative scenario Below 15.6000 look for further downside with 15.5200 & 15.4500 as targets.

Comment The RSI advocates for further advance.

Gold Spot Consolidation

Pivot (invalidation): 1289.00

Our preference Long positions above 1289.00 with targets at 1295.00 & 1297.00 in extension.

Alternative scenario Below 1289.00 look for further downside with 1287.00 & 1285.50 as targets.

Comment Technically the RSI is above its neutrality area at 50.

USD/TRY Key Resistance At 5.4780

Pivot (invalidation): 5.4780

Our preference nShort positions below 5.4780 with targets at 5.4250 & 5.4100 in extension.

Alternative scenario Above 5.4780 look for further upside with 5.5030 & 5.5450 as targets.

Comment As Long as the resistance at 5.4780 is not surpassed, the risk of the break below 5.4250 remains high.

AUD/USD The Upside Prevails

Pivot (invalidation): 0.7200

Our preference Long positions above 0.7200 with targets at 0.7235 & 0.7250 in extension.

Alternative scenario Below 0.7200 look for further downside with 0.7185 & 0.7170 as targets.

Comment The RSI is bullish and calls for further advance.

USD/CAD Intraday Support Around 1.3250

Pivot (invalidation): 1.3250

Our preference Long positions above 1.3250 with targets at 1.3300 & 1.3325 in extension.

Alternative scenario Below 1.3250 look for further downside with 1.3220 & 1.3195 as targets.

Comment The RSI lacks downward momentum.

USD/CHF Key Resistance At 0.9820

Pivot (invalidation): 0.9820

Our preference Short positions below 0.9820 with targets at 0.9795 & 0.9770 in extension.

Alternative scenario Above 0.9820 look for further upside with 0.9835 & 0.9855 as targets.

Comment As Long as the resistance at 0.9820 is not surpassed, the risk of the break below 0.9795 remains high.

USD/JPY Aim @ 108.80

Pivot (invalidation): 108.35

Our preference Long positions above 108.35 with targets at 108.60 & 108.80 in extension.

Alternative scenario Below 108.35 look for further downside with 108.10 & 107.95 as targets.

Comment The RSI calls for a new upleg.

GBP/USD Target 1.2975

Pivot (invalidation): 1.2850

Our preference Long positions above 1.2850 with targets at 1.2930 & 1.2975 in extension.

Alternative scenario Below 1.2850 look for further downside with 1.2815 & 1.2780 as targets.

Comment The RSI is bullish and calls for further advance.

EUR/USD The Upside Prevails

Pivot (invalidation): 1.1465

Our preference Long positions above 1.1465 with targets at 1.1505 & 1.1515 in extension.

Alternative scenario Below 1.1465 look for further downside with 1.1450 & 1.1435 as targets.

Comment The RSI calls for a new upleg.

S&P 500 Bullish Bias Above 2545.00

Pivot (invalidation): 2545.00

Our preference Long positions above 2545.00 with targets at 2636.00 & 2685.00 in extension.

Alternative scenario Below 2545.00 look for further downside with 2520.00 & 2473.00 as targets.

Comment The RSI is mixed to bullish.