Sample Category Title
USD/CAD The Downside Prevails
Pivot (invalidation): 1.2945
Our preference Short positions below 1.2945 with targets at 1.2880 & 1.2855 in extension.
Alternative scenario Above 1.2945 look for further upside with 1.2985 & 1.3005 as targets.
Comment The RSI lacks upward momentum.
USD/CHF The Downside Prevails
Pivot (invalidation): 0.9740
Our preference Short positions below 0.9740 with targets at 0.9700 & 0.9655 in extension.
Alternative scenario Above 0.9740 look for further upside with 0.9775 & 0.9805 as targets.
Comment The RSI calls for a drop.
USD/JPY The Bias Remains Bullish
Pivot (invalidation): 111.50
Our preference Long positions above 111.50 with targets at 111.80 & 112.00 in extension.
Alternative scenario Below 111.50 look for further downside with 111.30 & 111.10 as targets.
Comment The RSI is mixed with a bullish bias.
GBP/USD Further Advance
Pivot (invalidation): 1.2985
Our preference Long positions above 1.2985 with targets at 1.3065 & 1.3095 in extension.
Alternative scenario Below 1.2985 look for further downside with 1.2960 & 1.2930 as targets.
Comment The RSI advocates for further advance.
EUR/USD The Bias Remains Bullish
Pivot (invalidation): 1.1675
Our preference Long positions above 1.1675 with targets at 1.1730 & 1.1765 in extension.
Alternative scenario Below 1.1675 look for further downside with 1.1655 & 1.1630 as targets.
Comment The RSI is mixed with a bullish bias.
Crude Oil The Bias Remains Bullish
Pivot (invalidation): 69.15
Our preference Long positions above 69.15 with targets at 70.25 & 70.60 in extension.
Alternative scenario Below 69.15 look for further downside with 68.65 & 68.35 as targets.
Comment The RSI advocates for further upside.
Silver Spot Bullish Bias Above 14.6600
Pivot (invalidation): 14.6600
Our preference Long positions above 14.6600 with targets at 14.7700 & 14.8300 in extension.
Alternative scenario Below 14.6600 look for further downside with 14.6000 & 14.5100 as targets.
Comment The RSI is mixed with a bullish bias.
Gold Spot The Bias Remains Bullish
Pivot (invalidation): 1202.00
Our preference Long positions above 1202.00 with targets at 1210.00 & 1214.00 in extension.
Alternative scenario Below 1202.00 look for further downside with 1196.50 & 1192.50 as targets.
Comment The RSI is mixed with a bullish bias.
EUR/CHF Target 1.1345
Pivot (invalidation): 1.1380
Our preference Short positions below 1.1380 with targets at 1.1345 & 1.1330 in extension.
Alternative scenario Above 1.1380 look for further upside with 1.1410 & 1.1430 as targets.
Comment The RSI is mixed to bearish.
EUR/GBP The Downside Prevails
Pivot (invalidation): 0.9005
Our preference Short positions below 0.9005 with targets at 0.8970 & 0.8945 in extension.
Alternative scenario Above 0.9005 look for further upside with 0.9025 & 0.9045 as targets.
Comment The RSI calls for a drop.
