EUR/USD Intraday: further upside.
Pivot:
1.0985
Our preference:
Long positions above 1.0985 with targets at 1.1035 & 1.1050 in extension.
Alternative scenario:
Below 1.0985 look for further downside with 1.0965 & 1.0945 as targets.
Comment:
The RSI is bullish and calls for further advance.
USD/JPY Intraday:the downside prevails.
Pivot:
141.45
Our preference:
Short positions below 141.45 with targets at 140.30 & 140.00 in extension.
Alternative scenario:
Above 141.45 look for further upside with 141.75 & 142.05 as targets.
Comment:
The RSI shows downside momentum.
GBP/USD Intraday: the bias remains bullish.
Pivot:
1.2840
Our preference:
Long positions above 1.2840 with targets at 1.2930 & 1.2960 in extension.
Alternative scenario:
Below 1.2840 look for further downside with 1.2820 & 1.2800 as targets.
Comment:
The RSI advocates for further advance.
Gold Intraday: look for 1934.00.
Pivot:
1919.00
Our preference:
Long positions above 1919.00 with targets at 1934.00 & 1939.00 in extension.
Alternative scenario:
Below 1919.00 look for further downside with 1912.00 & 1904.00 as targets.
Comment:
The RSI is bullish and calls for further advance.
Crude Oil (WTI) (Q3) Intraday: expect 74.60.
Pivot:
72.70
Our preference:
Long positions above 72.70 with targets at 74.10 & 74.60 in extension.
Alternative scenario:
Below 72.70 look for further downside with 72.25 & 71.45 as targets.
Comment:
The RSI calls for a bounce.
Nasdaq 100 (CME) (U3) Intraday: intraday support around 15080.00.
Pivot:
15080.00
Our preference:
Long positions above 15080.00 with targets at 15265.00 & 15365.00 in extension.
Alternative scenario:
Below 15080.00 look for further downside with 14970.00 & 14850.00 as targets.
Comment:
The next resistances are at 15265.00 and then at 15365.00.
Dax (Eurex) Intraday: intraday support around 15730.00.
Pivot:
15730.00
Our preference:
Long positions above 15730.00 with targets at 15860.00 & 15930.00 in extension.
Alternative scenario:
Below 15730.00 look for further downside with 15670.00 & 15610.00 as targets.
Comment:
The RSI lacks downward momentum.
Dow Jones (CME) (U3) Intraday: key resistance at 34230.00.
Pivot:
34230.00
Our preference:
Short positions below 34230.00 with targets at 33920.00 & 33800.00 in extension.
Alternative scenario:
Above 34230.00 look for further upside with 34390.00 & 34510.00 as targets.
Comment:
The upward potential is likely to be limited by the resistance at 34230.00.
Bitcoin / Dollar intraday: as long as 30140 is supported look for 31200
Our pivot point stands at 30140.
Our preference:
As long as 30140 is supported look for 31200.
Alternative scenario:
The downside breakout of 30140 would call for 29730 and 29490.
Comment:
The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20-period moving average (30521) but above its 50-period moving average (30327).
