EUR/USD Intraday: further advance.
Pivot:
1.0560
Our preference:
Long positions above 1.0560 with targets at 1.0615 & 1.0640 in extension.
Alternative scenario:
Below 1.0560 look for further downside with 1.0540 & 1.0515 as targets.
Comment:
The RSI is bullish and calls for further advance.
GBP/USD Intraday: the upside prevails.
Pivot:
1.2155
Our preference:
Long positions above 1.2155 with targets at 1.2200 & 1.2220 in extension.
Alternative scenario:
Below 1.2155 look for further downside with 1.2130 & 1.2110 as targets.
Comment:
The RSI is mixed to bullish.
USD/JPY Intraday: the downside prevails.
Pivot:
151.00
Our preference:
Short positions below 151.00 with targets at 149.90 & 149.45 in extension.
Alternative scenario:
Above 151.00 look for further upside with 151.40 & 151.70 as targets.
Comment:
The RSI is mixed to bearish.
Gold Intraday: watch 2000.00.
Pivot:
1975.00
Our preference:
Long positions above 1975.00 with targets at 1992.00 & 2000.00 in extension.
Alternative scenario:
Below 1975.00 look for further downside with 1969.00 & 1963.00 as targets.
Comment:
The RSI calls for a bounce.
Crude Oil (WTI) (Z3) Intraday: key resistance at 81.60.
Pivot:
81.60
Our preference:
Short positions below 81.60 with targets at 80.75 & 80.30 in extension.
Alternative scenario:
Above 81.60 look for further upside with 82.45 & 83.40 as targets.
Comment:
Technically the RSI is below its neutrality area at 50.
Nasdaq 100 (CME) (Z3) Intraday: further advance.
Pivot:
14650.00
Our preference:
Long positions above 14650.00 with targets at 14950.00 & 15050.00 in extension.
Alternative scenario:
Below 14650.00 look for further downside with 14560.00 & 14500.00 as targets.
Comment:
The RSI shows upside momentum.
Dax (Eurex) Intraday: caution.
Pivot:
14990.00
Our preference:
Long positions above 14990.00 with targets at 15105.00 & 15170.00 in extension.
Alternative scenario:
Below 14990.00 look for further downside with 14920.00 & 14860.00 as targets.
Comment: Investors have to remain cautious since these levels may trigger profit-taking
Dow Jones (CME) (Z3) Intraday: expect 33670.00.
Pivot:
33160.00
Our preference:
Long positions above 33160.00 with targets at 33540.00 & 33670.00 in extension.
Alternative scenario:
Below 33160.00 look for further downside with 32930.00 & 32790.00 as targets.
Comment:
The RSI is mixed with a bullish bias.
Bitcoin / Dollar intraday: target 34430
35590 is our pivot point.
Our preference:
Target 34430. Alternative scenario:Above 35590, look for 36020 and 36280.
Comment:
The RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20-period moving average (35435) but above its 50-period moving average (34860).
