EUR/USD Intraday: intraday support is around 1.0890.
Pivot:
1.0890
Our preference:
Long positions above 1.0890 with targets at 1.0930 & 1.0945 in extension.
Alternative scenario:
Below 1.0890 look for further downside with 1.0875 & 1.0860 as targets.
Comment:
The RSI lacks downward momentum.
USD/JPY Intraday: further advance.
Pivot:
141.50
Our preference:
Long positions above 141.50 with targets at 142.20 & 142.50 in extension.
Alternative scenario:
Below 141.50 look for further downside with 141.15 & 140.80 as targets.
Comment:
The break above 141.50 is a positive signal that has opened a path to 142.20.
GBP/USD Intraday: further advance.
Pivot:
1.2745
Our preference:
Long positions above 1.2745 with targets at 1.2805 & 1.2825 in extension.
Alternative scenario:
Below 1.2745 look for further downside with 1.2725 & 1.2710 as targets.
Comment:
The RSI is bullish and calls for further upside.
Gold Intraday: key resistance at 1945.00.
Pivot:
1945.00
Our preference:
Short positions below 1945.00 with targets at 1930.00 & 1925.00 in extension.
Alternative scenario:
Above 1945.00 looks for further upside with 1950.00 & 1956.00 as targets.
Comment:
As long as the resistance at 1945.00 is not surpassed, the risk of a break below 1930.00 remains high.
| Crude Oil (WTI) (Q3) Intraday: target 72.40. Pivot:70.80 Our preference: Long positions above 70.80 with targets at 72.40 & 73.10 in extension. Alternative scenario: Below 70.80 look for further downside with 70.30 & 69.75 as targets. Comment: The RSI calls for a rebound. |
| Nasdaq 100 (CME) (U3) Intraday: key resistance at 15310.00. Pivot:15310.00 Our preference: Short positions below 15310.00 with targets at 15170.00 & 15125.00 in extension. Alternative scenario: Above 15310.00 look for further upside with 15350.00 & 15410.00 as targets. Comment: The RSI is mixed to bearish. |
Dax (Eurex) Intraday: key resistance at 16330.00.
Pivot:
16330.00
Our preference:
Short positions below 16330.00 with targets at 16200.00 & 16130.00 in extension.
Alternative scenario:
Above 16330.00 look for further upside with 16395.00 & 16445.00 as targets.
Comment:
As long as the resistance at 16330.00 is not surpassed, the risk of a break below 16200.00 remains high.
Dow Jones (CME) (U3) Intraday: under pressure.
Pivot:
34530.00
Our preference:
Short positions below 34530.00 with targets at 34200.00 & 34100.00 in extension.
Alternative scenario:
Above 34530.00 look for further upside with 34610.00 & 34700.00 as targets.
Comment:
The RSI is mixed to bearish.
SGX CNX Nifty (M3) intraday: as long as 18810 is support look for 18975.5
18810.0 is our pivot point.
Our preference:
As long as 18810 is support look for 18975.5.
Alternative scenario:
The downside breakout of 18810 would call for 18749.5 and 18713.5.
Comment:
The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. SGX CNX Nifty (M3) is below its 20-period moving average (18871.1) but above its 50-period moving average (18846.5).
Bitcoin / Dollar intraday: the RSI is overbought
28450 is our pivot point.
Our preference:
As long as 28450 is support look for 29440.
Alternative scenario:
Below 28450, expect 28070 and 27840.
Comment:
The RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving averages (respectively at 28421 and 27564).
