EUR/USD Intraday: under pressure.
Pivot:
1.2095
Our preference:
Short positions below 1.2095 with targets at 1.2060 & 1.2040 in extension.
Alternative scenario:
Above 1.2095 look for further upside with 1.2115 & 1.2130 as targets.
Comment:
The RSI shows downside momentum.
GBP/USD Intraday: under pressure.
Pivot:
1.3910
Our preference:
Short positions below 1.3910 with targets at 1.3865 & 1.3840 in extension.
Alternative scenario:
Above 1.3910 look for further upside with 1.3930 & 1.3950 as targets.
Comment:
The RSI lacks upward momentum.
AUD/USD Intraday: under pressure.
Pivot:
0.7815
Our preference:
Short positions below 0.7815 with targets at 0.7775 & 0.7760 in extension.
Alternative scenario:
Above 0.7815 look for further upside with 0.7825 & 0.7840 as targets.
Comment:
As long as the resistance at 0.7815 is not surpassed, the risk of the break below 0.7775 remains high.
Gold Intraday: rebound.
Pivot:
1773.00
Our preference:
Long positions above 1773.00 with targets at 1789.00 & 1796.00 in extension.
Alternative scenario:
Below 1773.00 look for further downside with 1768.00 & 1760.00 as targets.
Comment:
The RSI calls for a rebound.
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