EUR/USD Intraday: the upside prevails.
Pivot:
1.1100
Our preference:
Long positions above 1.1100 with targets at 1.1170 & 1.1200 in extension.
Alternative scenario:
Below 1.1100 look for further downside with 1.1070 & 1.1040 as targets.
Comment:
The RSI shows upside momentum.
USD/JPY Intraday: capped by a negative trend line.
Pivot:
139.10
Our preference:
Short positions below 139.10 with targets at 138.00 & 137.40 in extension.
Alternative scenario:
Above 139.10 look for further upside with 139.60 & 140.10 as targets.
Comment:
As long as the resistance at 139.10 is not surpassed, the risk of a break below 138.00 remains high.
GBP/USD Intraday: the upside prevails.
Pivot:
1.2970
Our preference:
Long positions above 1.2970 with targets at 1.3030 & 1.3060 in extension.
Alternative scenario:
Below 1.2970 look for further downside with 1.2940 & 1.2910 as targets.
Comment:
The RSI advocates for further advance.
Gold Intraday:the upside prevails.
Pivot:
1947.00
Our preference:
Long positions above 1947.00 with targets at 1972.00 & 1980.00 in extension.
Alternative scenario:
Below 1947.00 look for further downside with 1941.00 & 1933.00 as targets.
Comment:
The RSI is bullish and calls for further upside.
Crude Oil (WTI) (Q3) Intraday: the bias remains bullish.
Pivot:
75.15
Our preference:
Long positions above 75.15 with targets at 76.80 & 77.20 in extension.
Alternative scenario:
Below 75.15 look for further downside with 74.65 & 74.15 as targets.
Comment:
The RSI is bullish and calls for further advance.
Nasdaq 100 (CME) (U3) Intraday: aim @ 15640.00.
Pivot:
15360.00
Our preference:
Long positions above 15360.00 with targets at 15550.00 & 15640.00 in extension.
Alternative scenario:
Below 15360.00 look for further downside with 15300.00 & 15230.00 as targets.
Comment:
The next resistances are at 15550.00 and then at 15640.00.
Dax (Eurex) Intraday:consolidation.
Pivot:
16230.00
Our preference:
Short positions below 16230.00 with targets at 16060.00 & 15970.00 in extension.
Alternative scenario:
Above 16230.00 look for further upside with 16330.00 & 16453.00 as targets.
Comment:
The RSI has just broken down its overbought area (70%).
Dow Jones (CME) (U3) Intraday: intraday support around 34400.00.
Pivot:
34400.00
Our preference:
Long positions above 34400.00 with targets at 34765.00 & 35000.00 in extension.
Alternative scenario:
Below 34400.00 look for further downside with 34250.00 & 34060.00 as targets.
Comment:
The next resistances are at 34765.00 and then at 35000.00.
Bitcoin / Dollar intraday: rebound towards 31110
30040 is our pivot point.
Our preference:
Rebound towards 31110.
Alternative scenario:
The downside breakout of 30040 would call for 29630 and 29380.
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 30388 and 30559).