EUR/USD Intraday: The upside prevails.
Pivot:
1.0790
Our preference:
Long positions above 1.0790 with targets at 1.0830 and 1.0845 in extension.
Alternative scenario:
Below 1.0790, look for further downside, with 1.0780 and 1.0765 as targets.
Comment:
The RSI shows upside momentum.
USD/JPY Intraday: The upside prevails.
Pivot:
146.20
Our preference:
Long positions above 146.20 with targets at 146.75 and 147.10 in extension.
Alternative scenario:
Below 146.20, look for further downside with 145.90 and 145.70 as targets.
Comment:
The RSI lacks downward momentum.
GBP/USD Intraday: key resistance at 1.2620.
Pivot:
1.2620
Our preference:
Short positions below 1.2620 with targets at 1.2570 and 1.2545 in extension.
Alternative scenario:
Above 1.2620, look for further upside with 1.2650 and 1.2680 as targets.
Comment:
If the resistance at 1.2620 is not surpassed, the risk of a break below 1.2570 remains high.
Gold Intraday: bullish bias above 1908.00.
Pivot:
1908.00
Our preference:
Long positions above 1908.00 with targets at 1922.00 and 1927.00 in extension.
Alternative scenario:
Below 1908.00, look for further downside with 1903.00 and 1898.00 as targets.
Comment:
The RSI is mixed to bullish.
Crude Oil (WTI) (V3) Intraday: The bias remains bullish.
Pivot:
79.45
Our preference:
Long positions above 79.45 with targets at 80.45 & 81.00 in extension.
Alternative scenario:
Below 79.45, look for further downside with 78.95 and 78.50 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Nasdaq 100 (CME) (U3) Intraday: further upside.
Pivot:
14760.00
Our preference:
Long positions above 14760.00 with targets at 15190.00 & 15320.00 in extension.
Alternative scenario:
Below 14760.00, look for further downside with 14620.00 and 14500.00 as targets.
Comment:
The next resistances are at 15190.00 and then at 15320.00.
Dax (Eurex) Intraday: Watch 15855.00.
Pivot:
15715.00
Our preference:
Long positions above 15715.00 with targets at 15790.00 and 15855.00 in extension.
Alternative scenario:
Below 15715.00, look for further downside with 15640.00 and 15580.00 as targets.
Comment:
The next resistances are at 15790.00 and then at 15855.00.
Dow Jones (CME) (U3) Intraday: intraday support around 34230.00.
Pivot:
34230.00
Our preference:
Long positions above 34230.00 with targets at 34590.00 and 34710.00 in extension.
Alternative scenario:
Below 34230.00, look for further downside with 34070.00 and 33910.00 as targets.
Comment:
The RSI is above its neutrality area at 50%.
Bitcoin / Dollar intraday: the downside prevails as long as 26220 is the resistance
Our pivot point is at 26220.
Our preference:
The downside prevails as long as 26220 is resistance.
Alternative scenario:
Above 26220, look for 26480 and 26640.
Comment:
The RSI is below its neutrality area of 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price trades under its 20 and 50-period moving averages (respectively at 26054 and 26065).
