Sample Category Title
Gold Spot Turning Down
Pivot (invalidation): 1239.50
Our preference Short positions below 1239.50 with targets at 1232.00 & 1228.00 in extension.
Alternative scenario Above 1239.50 look for further upside with 1242.00 & 1244.50 as targets.
Comment The RSI shows downside momentum.
S&P 500 Under Pressure
Pivot (invalidation): 2732.00
Our preference Short positions below 2732.00 with targets at 2680.00 & 2650.00 in extension.
Alternative scenario Above 2732.00 look for further upside with 2754.00 & 2795.00 as targets.
Comment The RSI advocates for further downside.
DAX Choppy
Pivot (invalidation): 11255.00
Our preference Long positions above 11255.00 with targets at 11465.00 & 11530.00 in extension.
Alternative scenario Below 11255.00 look for further downside with 11190.00 & 11091.00 as targets.
Comment The RSI lacks momentum.
USD/TRY The Bias Remains Bullish
Pivot (invalidation): 5.3430
Our preference Long positions above 5.3430 with targets at 5.4210 & 5.4570 in extension.
Alternative scenario Below 5.3430 look for further downside with 5.2830 & 5.2290 as targets.
Comment The RSI lacks downward momentum.
AUD/USD Under Pressure
Pivot (invalidation): 0.7325
Our preference Short positions below 0.7325 with targets at 0.7260 & 0.7230 in extension.
Alternative scenario Above 0.7325 look for further upside with 0.7355 & 0.7375 as targets.
Comment The RSI advocates for further downside.
USD/CAD The Upside Prevails
Pivot (invalidation): 1.3245
Our preference Long positions above 1.3245 with targets at 1.3300 & 1.3335 in extension.
Alternative scenario Below 1.3245 look for further downside with 1.3220 & 1.3200 as targets.
Comment The RSI advocates for further upside.
USD/CHF Further Advance
Pivot (invalidation): 0.9965
Our preference Long positions above 0.9965 with targets at 1.0005 & 1.0025 in extension.
Alternative scenario Below 0.9965 look for further downside with 0.9945 & 0.9925 as targets.
Comment The RSI advocates for further upside.
USD/JPY Rebound
Pivot (invalidation): 112.65
Our preference Long positions above 112.65 with targets at 113.15 & 113.40 in extension.
Alternative scenario Below 112.65 look for further downside with 112.45 & 112.30 as targets.
Comment The RSI is bullish and calls for further upside.
GBP/USD 1.2660 Expected
Pivot (invalidation): 1.2730
Our preference Short positions below 1.2730 with targets at 1.2680 & 1.2660 in extension.
Alternative scenario Above 1.2730 look for further upside with 1.2755 & 1.2790 as targets.
Comment A break below 1.2680 would trigger a drop towards 1.2660.
EUR/USD Target 1.1300
Pivot (invalidation): 1.1350
Our preference Short positions below 1.1350 with targets at 1.1315 & 1.1300 in extension.
Alternative scenario Above 1.1350 look for further upside with 1.1380 & 1.1410 as targets.
Comment The RSI lacks upward momentum.
