EUR/USD Intraday: key resistance at 1.1090.
Pivot:
1.1090
Our preference:
Short positions below 1.1090 with targets at 1.1055 & 1.1040 in extension.
Alternative scenario:
Above 1.1090 look for further upside with 1.1105 & 1.1120 as targets.
Comment:
The upward potential is likely to be limited by the resistance at 1.1090.
USD/JPY Intraday: the bias remains bullish.
Pivot:
141.00
Our preference:
Long positions above 141.00 with targets at 141.65 & 141.95 in extension.
Alternative scenario:
Below 141.00 look for further downside with 140.75 & 140.50 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
GBP/USD Intraday: key resistance at 1.2855.
Pivot:
1.2855
Our preference:
Short positions below 1.2855 with targets at 1.2810 & 1.2795 in extension.
Alternative scenario:
Above 1.2855 look for further upside with 1.2880 & 1.2900 as targets.
Comment:
If the resistance at 1.2855 is not surpassed, the risk of a break below 1.2810 remains high.
Gold Intraday: rebound expected.
Pivot:
1953.00
Our preference:
Long positions above 1953.00 with targets at 1968.00 & 1973.00 in extension.
Alternative scenario:
Below 1953.00 look for further downside with 1946.00 & 1940.00 as targets.
Comment: The RSI is mixed to bullish.
Crude Oil (WTI) (U3) Intraday: bullish bias above 77.80.
Pivot:
77.80
Our preference:
Long positions above 77.80 with targets at 80.00 & 80.50 in extension.
Alternative scenario:
Below 77.80 look for further downside with 77.25 & 76.50 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Nasdaq 100 (CME) (U3) Intraday: key resistance at 15730.00.
Pivot:
15730.00
Our preference:
Short positions below 15730.00 with targets at 15490.00 & 15340.00 in extension.
Alternative scenario:
Above 15730.00 look for further upside with 15925.00 & 16060.00 as targets.
Comment:
The RSI is around its neutrality area at 50%
Dax (Eurex) Intraday: watch 16297.00.
Pivot:
16200.00
Our preference:
Long positions above 16200.00 with targets at 16297.00 & 16314.00 in extension.
Alternative scenario:
Below 16200.00 look for further downside with 16185.00 & 16155.00 as targets.
Comment:
The next resistances are at 16297.00 and then at 16314.00.
Dow Jones (CME) (U3) Intraday: watch 35690.00.
Pivot:
35500.00
Our preference:
Long positions above 35500.00 with targets at 35690.00 & 35850.00 in extension.
Alternative scenario:
Below 35500.00 look for further downside with 35350.00 & 35200.00 as targets.
Comment:
The next resistances are at 35690.00 and then at 35850.00.
Bitcoin / Dollar intraday: rebound towards 29840
28790 is our pivot point.
Our preference:
Rebound towards 29840.
Alternative scenario:
The downside breakout of 28790 would call for 28380 and 28140.
Comment:
The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving averages (respectively at 29131 and 29311).
