Sample Category Title

Silver Spot The Bias Remains Bullish

Pivot (invalidation): 15.4200

Our preference Long positions above 15.4200 with targets at 15.6000 & 15.6500 in extension.

Alternative scenario Below 15.4200 look for further downside with 15.3000 & 15.2200 as targets.

Comment The RSI has just landed on its neutrality area at 50% and is turning up

Gold Spot The Bias Remains Bullish

Pivot (invalidation): 1223.00

Our preference Long positions above 1223.00 with targets at 1229.50 & 1231.50 in extension.

Alternative scenario Below 1223.00 look for further downside with 1218.00 & 1215.50 as targets.

Comment Technically the RSI is above its neutrality area at 50.

AUD/USD Turning Down

Pivot (invalidation): 0.7435

Our preference Short positions below 0.7435 with targets at 0.7385 & 0.7360 in extension.

Alternative scenario Above 0.7435 look for further upside with 0.7450 & 0.7475 as targets.

Comment The RSI shows downside momentum.

USD/CAD Key Resistance At 1.3175

Pivot (invalidation): 1.3175

Our preference Short positions below 1.3175 with targets at 1.3135 & 1.3110 in extension.

Alternative scenario Above 1.3175 look for further upside with 1.3195 & 1.3225 as targets.

Comment The upward potential is likely to be limited by the resistance at 1.3175.

USD/CHF The Upside Prevails

Pivot (invalidation): 0.9920

Our preference Long positions above 0.9920 with targets at 0.9955 & 0.9975 in extension.

Alternative scenario Below 0.9920 look for further downside with 0.9900 & 0.9880 as targets.

Comment The RSI has just landed on its neutrality area at 50% and is turning up.

USD/JPY Target 111.50

Pivot (invalidation): 111.00

Our preference Long positions above 111.00 with targets at 111.50 & 111.90 in extension.

Alternative scenario Below 111.00 look for further downside with 110.80 & 110.55 as targets.

Comment The RSI is bullish and calls for further upside.

GBP/USD The Bias Remains Bullish

Pivot (invalidation): 1.3110

Our preference Long positions above 1.3110 with targets at 1.3180 & 1.3210 in extension.

Alternative scenario Below 1.3110 look for further downside with 1.3070 & 1.3035 as targets.

Comment The break above 1.3110 is a positive signal that has opened a path to 1.3180.

EUR/USD The Downside Prevails

Pivot (invalidation): 1.1715

Our preference Short positions below 1.1715 with targets at 1.1655 & 1.1635 in extension.

Alternative scenario Above 1.1715 look for further upside with 1.1750 & 1.1765 as targets.

Comment As Long as the resistance at 1.1715 is not surpassed, the risk of the break below 1.1655 remains high.

EUR/CHF Under Pressure

Pivot (invalidation): 1.1620

Our preference Short positions below 1.1620 with targets at 1.1600 & 1.1585 in extension.

Alternative scenario Above 1.1620 look for further upside with 1.1630 & 1.1640 as targets.

Comment As Long as 1.1620 is resistance, expect a return to 1.1600

EUR/GBP 0.8880 In Sight

Pivot (invalidation): 0.8905

Our preference Short positions below 0.8905 with targets at 0.8880 & 0.8865 in extension.

Alternative scenario Above 0.8905 look for further upside with 0.8920 & 0.8935 as targets.

Comment A break below 0.8880 would trigger a drop towards 0.8865.