EUR/USD Intraday: bullish bias above 1.0930.
Pivot:
1.0930
Our preference:
Long positions above 1.0930 with targets at 1.0975 & 1.0990 in extension.
Alternative scenario:
Below 1.0930 look for further downside with 1.0915 & 1.0900 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
USD/JPY Intraday:rebound.
Pivot:
142.30
Our preference:
Long positions above 142.30 with targets at 143.40 & 143.80 in extension.
Alternative scenario:
Below 142.30 look for further downside with 142.05 & 141.80 as targets.
Comment:
The RSI shows upside momentum.
GBP/USD Intraday: under pressure.
Pivot:
1.2850
Our preference:
Short positions below 1.2850 with targets at 1.2780 & 1.2760 in extension.
Alternative scenario:
Above 1.2850 look for further upside with 1.2870 & 1.2890 as targets.
Comment:
The RSI shows downside momentum.
Gold Intraday: the bias remains bullish.
Pivot:
1918.00
Our preference:
Long positions above 1918.00 with targets at 1934.00 & 1939.00 in extension.
Alternative scenario:
Below 1918.00 look for further downside with 1912.00 & 1904.00 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Crude Oil (WTI) (Q3) Intraday: the bias remains bullish.
Pivot:
72.70
Our preference:
Long positions above 72.70 with targets at 74.00 & 74.40 in extension.
Alternative scenario:
Below 72.70 look for further downside with 72.25 & 71.45 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Nasdaq 100 (CME) (U3) Intraday: the downside prevails.
Pivot:
15265.00
Our preference:
Short positions below 15265.00 with targets at 15060.00 & 14970.00 in extension.
Alternative scenario:
Above 15265.00 look for further upside with 15365.00 & 15430.00 as targets.
Comment:
The RSI is bearish and calls for further decline.
Dax (Eurex) Intraday: key resistance at 15810.00.
Pivot:
15810.00
Our preference:
Short positions below 15810.00 with targets at 15560.00 & 15462.00 in extension.
Alternative scenario:
Above 15810.00 look for further upside with 15910.00 & 16000.00 as targets.
Comment:
The RSI has struck against a significant resistance of around 70% and is reversing down.
Dow Jones (CME) (U3) Intraday: the downside prevails.
Pivot:
34160.00
Our preference:
Short positions below 34160.00 with targets at 33700.00 & 33560.00 in extension.
Alternative scenario:
Above 34160.00 look for further upside with 34310.00 & 34430.00 as targets.
Comment:
The RSI is bearish and calls for further downside.
Bitcoin / Dollar intraday: rebound towards 30890
Our pivot point stands at 29810.
Our preference:
Rebound towards 30890.
Alternative scenario:
Below 29810, expect 29390 and 29140.
Comment:
The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price trades under its 20 and 50-period moving averages (respectively at 30165 and 30244).
