Sample Category Title

USD/CHF Under Pressure

Pivot (invalidation): 0.9955

Our preference Short positions below 0.9955 with targets at 0.9915 & 0.9895 in extension.

Alternative scenario Above 0.9955 look for further upside with 0.9975 & 0.9995 as targets.

Comment As Long as 0.9955 is resistance, look for choppy price action with a bearish bias.

USD/JPY The Upside Prevails

Pivot (invalidation): 110.45

Our preference Long positions above 110.45 with targets at 110.95 & 111.20 in extension.

Alternative scenario Below 110.45 look for further downside with 110.15 & 109.90 as targets.

Comment The RSI is bullish and calls for further upside.

GBP/USD Turning Up

Pivot (invalidation): 1.2685

Our preference Long positions above 1.2685 with targets at 1.2735 & 1.2765 in extension.

Alternative scenario Below 1.2685 look for further downside with 1.2665 & 1.2640 as targets.

Comment The RSI calls for a new upleg.

EUR/USD Towards 1.1400

Pivot (invalidation): 1.1330

Our preference Long positions above 1.1330 with targets at 1.1400 & 1.1430 in extension.

Alternative scenario Below 1.1330 look for further downside with 1.1300 & 1.1270 as targets.

Comment The RSI calls for a new upleg

Crude Oil Towards 63.60

Pivot (invalidation): 65.45

Our preference Short positions below 65.45 with targets at 64.30 & 63.60 in extension.

Alternative scenario Above 65.45 look for further upside with 66.00 & 66.55 as targets.

Comment The RSI is mixed to bearish.

Silver Spot Under Pressure

Pivot (invalidation): 14.7000

Our preference Short positions below 14.7000 with targets at 14.2700 & 14.0000 in extension.

Alternative scenario Above 14.7000 look for further upside with 14.9600 & 15.1000 as targets.

Comment The RSI is mixed to bearish.

Gold Spot Key Resistance At 1176.00

Pivot (invalidation): 1176.00

Our preference Short positions below 1176.00 with targets at 1166.50 & 1160.00 in extension.

Alternative scenario Above 1176.00 look for further upside with 1184.00 & 1189.00 as targets.

Comment The RSI is mixed to bearish.

EUR/CHF Target 1.1305

Pivot (invalidation): 1.1260

Our preference Long positions above 1.1260 with targets at 1.1305 & 1.1345 in extension.

Alternative scenario Below 1.1260 look for further downside with 1.1240 & 1.1220 as targets.

Comment The RSI is bullish and calls for further upside.

EUR/GBP Further Advance

Pivot (invalidation): 0.8925

Our preference Long positions above 0.8925 with targets at 0.8960 & 0.8980 in extension.

Alternative scenario Below 0.8925 look for further downside with 0.8900 & 0.8880 as targets.

Comment The RSI advocates for further upside.

Bitcoin/Dollar Caution

Pivot (invalidation): 6220

Our preference Long positions above 6220 with targets at 6455 & 6630 in extension.

Alternative scenario Below 6220 look for further downside with 6060 & 5890 as targets.

Comment A support base at 6220 has formed and has allowed for a temporary stabilisation