EUR/USD Intraday: consolidation.
Pivot:
1.0870
Our preference:
Short positions below 1.0870 with targets at 1.0830 and 1.0810 in extension.
Alternative scenario:
Above 1.0870, look for further upside with 1.0890 and 1.0910 as targets.
Comment:
As long as the resistance at 1.0870 is not surpassed, the risk of a break below 1.0830 remains high.
USD/JPY Intraday: the downside prevails.
Pivot:
145.95
Our preference:
Short positions below 145.95 with targets at 145.50 and 145.30 in extension.
Alternative scenario:
Above 145.95, look for further upside with 146.15 and 146.35 as targets.
Comment:
The RSI advocates for further decline.
GBP/USD Intraday: rebound.
Pivot:
1.2720
Our preference:
Long positions above 1.2720 with targets at 1.2770 and 1.2785 in extension.
Alternative scenario:
Below 1.2720, look for further downside, with 1.2700 and 1.2685 as targets.
Comment:
The RSI shows upside momentum.
Gold Intraday: 1917.00 in sight.
Pivot:
1895.00
Our preference:
Long positions above 1895.00 with targets at 1911.00 and 1917.00 in extension.
Alternative scenario:
Below 1895.00, look for further downside with 1890.00 and 1884.00 as targets.
Comment:
The RSI is bullish and calls for further advance.
Crude Oil (WTI) (V3) Intraday: under pressure.
Pivot:
80.30
Our preference:
Short positions below 80.30 with targets at 79.45 and 79.05 in extension.
Alternative scenario:
Above 80.30, look for further upside with 81.00 and 81.70 as targets.
Comment:
The RSI is mixed with a bearish bias.
Nasdaq 100 (CME) (U3) Intraday: intraday support around 14930.00.
Pivot:
14930.00
Our preference:
Long positions above 14930.00 with targets at 15070.00 and 15120.00 in extension.
Alternative scenario:
Below 14930.00, look for further downside with 14860.00 and 14790.00 as targets.
Comment:
A support base at 14930.00 has formed and has allowed for a temporary stabilization.
Dax (Eurex) Intraday: bullish bias above 15715.00.
Pivot:
15715.00
Our preference:
Long positions above 15715.00 with targets at 15860.00 and 15935.00 in extension.
Alternative scenario:
Below 15715.00, look for further downside with 15620.00 and 15510.00 as targets.
Comment:
The RSI is above its neutrality area at 50%.
Dow Jones (CME) (U3) Intraday: key resistance at 34510.00.
Pivot:
34510.00
Our preference:
Short positions below 34510.00 with targets at 34310.00 and 34150.00 in extension.
Alternative scenario:
Above 34510.00, look for further upside with 34700.00 and 34810.00 as targets.
Comment:
The RSI has just struck its neutrality area at 50%.
Bitcoin / Dollar intraday: the upside prevails as long as 25780 is support
Our pivot point stands at 25780.
Our preference:
The upside prevails as long as 25780 is supported.
Alternative scenario:
Below 25780, expect 25520 and 25370.
Comment:
The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20- and 50-period moving averages (respectively at 25913 and 25967).
