Sample Category Title

Gold Spot Consolidation In Place

Pivot (invalidation): 1215.00

Our preference Short positions below 1215.00 with targets at 1206.75 & 1204.00 in extension.

Alternative scenario Above 1215.00 look for further upside with 1217.25 & 1220.25 as targets.

Comment As Long as 1215.00 is resistance, look for choppy price action with a bearish bias.

EUR/CHF The Downside Prevails

Pivot (invalidation): 1.1355

Our preference Short positions below 1.1355 with targets at 1.1270 & 1.1235 in extension.

Alternative scenario Above 1.1355 look for further upside with 1.1380 & 1.1415 as targets.

Comment The RSI has broken down its 30 level.

EUR/GBP The Downside Prevails

Pivot (invalidation): 0.8945

Our preference Short positions below 0.8945 with targets at 0.8900 & 0.8885 in extension.

Alternative scenario Above 0.8945 look for further upside with 0.8960 & 0.8980 as targets.

Comment The break below 0.8945 is a negative signal that has opened a path to 0.8900.

AUD/USD The Downside Prevails

Pivot (invalidation): 0.7305

Our preference Short positions below 0.7305 with targets at 0.7250 & 0.7225 in extension.

Alternative scenario Above 0.7305 look for further upside with 0.7325 & 0.7360 as targets.

Comment The RSI lacks upward momentum.

USD/CAD 1.3170 In Sight

Pivot (invalidation): 1.3120

Our preference Long positions above 1.3120 with targets at 1.3170 & 1.3200 in extension.

Alternative scenario Below 1.3120 look for further downside with 1.3070 & 1.3035 as targets.

Comment The RSI lacks downward momentum.

USD/CHF Caution

Pivot (invalidation): 0.9925

Our preference Long positions above 0.9925 with targets at 0.9960 & 0.9975 in extension.

Alternative scenario Below 0.9925 look for further downside with 0.9910 & 0.9895 as targets.

Comment Intraday technical indicators are mixed and call for caution.

USD/JPY The Downside Prevails

Pivot (invalidation): 110.70

Our preference Short positions below 110.70 with targets at 110.05 & 109.65 in extension.

Alternative scenario Above 110.70 look for further upside with 111.00 & 111.20 as targets.

Comment A break below 110.05 would trigger a drop towards 109.65.

GBP/USD Target 1.2720

Pivot (invalidation): 1.2790

Our preference Short positions below 1.2790 with targets at 1.2720 & 1.2680 in extension.

Alternative scenario Above 1.2790 look for further upside with 1.2835 & 1.2880 as targets.

Comment As Long as the resistance at 1.2790 is not surpassed, the risk of the break below 1.2720 remains high.

EUR/USD The Downside Prevails

Pivot (invalidation): 1.1440

Our preference Short positions below 1.1440 with targets at 1.1340 & 1.1300 in extension.

Alternative scenario Above 1.1440 look for further upside with 1.1485 & 1.1535 as targets.

Comment The RSI lacks upward momentum.

Bitcoin/Dollar Key Resistance At 6455

Pivot (invalidation): 6455

Our preference Short positions below 6455 with targets at 6190 & 6010 in extension.

Alternative scenario Above 6455 look for further upside with 6630 & 6835 as targets.

Comment As Long as the resistance at 6455 is not surpassed, the risk of the break below 6190 remains high.