Sample Category Title

GBP/USD 1.2850 In Sight

Pivot (invalidation): 1.2890

Our preference Short positions below 1.2890 with targets at 1.2850 & 1.2820 in extension.

Alternative scenario Above 1.2890 look for further upside with 1.2935 & 1.2970 as targets.

Comment A break below 1.2850 would trigger a drop towards 1.2820.

EUR/USD The Downside Prevails

Pivot (invalidation): 1.1625

Our preference Short positions below 1.1625 with targets at 1.1585 & 1.1565 in extension.

Alternative scenario Above 1.1625 look for further upside with 1.1650 & 1.1675 as targets.

Comment The RSI shows downside momentum.

Crude Oil Rebound In Sight

Pivot (invalidation): 69.85

Our preference Long positions above 69.85 with targets at 70.30 & 70.50 in extension.

Alternative scenario Below 69.85 look for further downside with 69.55 & 69.35 as targets.

Comment The RSI lacks downward momentum.

Silver Spot Under Pressure

Pivot (invalidation): 14.5500

Our preference Short positions below 14.5500 with targets at 14.3700 & 14.2600 in extension.

Alternative scenario Above 14.5500 look for further upside with 14.6200 & 14.7000 as targets.

Comment The RSI advocates for further downside. Prices are trading in a bearish channel.

Gold Spot The Downside Prevails

Pivot (invalidation): 1204.50

Our preference Short positions below 1204.50 with targets at 1195.50 & 1192.00 in extension.

Alternative scenario Above 1204.50 look for further upside with 1209.00 & 1212.00 as targets.

Comment The RSI is mixed to bearish.

S&P 500 Rebound Expected

Pivot (invalidation): 2892.00

Our preference Long positions above 2892.00 with targets at 2917.00 & 2925.00 in extension.

Alternative scenario Below 2892.00 look for further downside with 2885.00 & 2875.00 as targets.

Comment The RSI calls for a rebound.

DAX Key Resistance At 12365.00

Pivot (invalidation): 12365.00

Our preference Short positions below 12365.00 with targets at 12300.00 & 12250.00 in extension.

Alternative scenario Above 12365.00 look for further upside with 12395.00 & 12430.00 as targets.

Comment The upward potential is likely to be limited by the resistance at 12365.00.

AUD/USD Caution

Pivot (invalidation): 0.7185

Our preference Long positions above 0.7185 with targets at 0.7205 & 0.7225 in extension.

Alternative scenario Below 0.7185 look for further downside with 0.7165 & 0.7145 as targets.

Comment Intraday technical indicators are mixed and call for caution.

USD/CAD Towards 1.3125

Pivot (invalidation): 1.3080

Our preference Long positions above 1.3080 with targets at 1.3125 & 1.3155 in extension.

Alternative scenario Below 1.3080 look for further downside with 1.3055 & 1.3040 as targets.

Comment The RSI calls for a new upleg.

USD/CHF The Upside Prevails

Pivot (invalidation): 0.9680

Our preference Long positions above 0.9680 with targets at 0.9715 & 0.9740 in extension.

Alternative scenario Below 0.9680 look for further downside with 0.9665 & 0.9650 as targets.

Comment The RSI calls for a new upleg.