EUR/USD Intraday: The upside prevails.
Pivot:
1.0685
Our preference:
Long positions above 1.0685 with targets at 1.0730 and 1.0750 in extension.
Alternative scenario:
Below 1.0685, look for further downside with 1.0670 and 1.0655 as targets.
Comment:
The RSI shows upside momentum.
USD/JPY Intraday: caution.
Pivot:
147.35
Our preference:
Short positions below 147.35 with targets at 146.80 & 146.60 in extension.
Alternative scenario:
Above 147.35 look for further upside with 147.60 & 147.85 as targets.
Comment:
The upward potential is likely to be limited by the resistance at 147.35.
GBP/USD Intraday: The upside prevails.
Pivot:
1.2465
Our preference:
Long positions above 1.2465 with targets at 1.2510 & 1.2530 in extension.
Alternative scenario:
Below 1.2465 look for further downside with 1.2445 & 1.2430 as targets.
Comment:
The RSI shows upside momentum.
Gold Intraday: rebound.
Pivot:
1917.00
Our preference:
Long positions above 1917.00 with targets at 1929.00 & 1934.00 in extension.
Alternative scenario:
Below 1917.00 look for further downside with 1909.00 & 1904.00 as targets.
Comment:
The RSI calls for a rebound.
Crude Oil (WTI) (V3) Intraday: expect 85.50.
Pivot:
87.10
Our preference:
Short positions below 87.10 with targets at 85.50 & 85.00 in extension.
Alternative scenario:
Above 87.10 look for further upside with 87.55 & 88.05 as targets.
Comment:
The RSI has broken down its 30 levels.
Nasdaq 100 (CME) (U3) Intraday: key resistance at 15320.00.
Pivot:
15320.00
Our preference:
Short positions below 15320.00 with targets at 15180.00 & 15130.00 in extension.
Alternative scenario:
Above 15320.00 look for further upside with 15390.00 & 15470.00 as targets.
Comment:
The RSI is around its neutrality area at 50%
Dax (Eurex) Intraday: limited upside.
Pivot:
15665.00
Our preference:
Long positions above 15665.00 with targets at 15805.00 & 15860.00 in extension.
Alternative scenario:
Below 15665.00 look for further downside with 15600.00 & 15510.00 as targets.
Comment:
A support base at 15665.00 has formed, allowing temporary stabilization.
Dow Jones (CME) (U3) Intraday: bullish bias above 34340.00.
Pivot:
34340.00
Our preference:
Long positions above 34340.00 with targets at 34690.00 & 34790.00 in extension.
Alternative scenario:
Below 34340.00 look for further downside with 34200.00 & 34080.00 as targets.
Comment:
The next resistances are at 34690.00 and then at 34790.00.
Bitcoin / Dollar intraday: As long as 26050 is supported look for 26840
Our pivot point is at 26050.
Our preference:
As long as 26050 is support look for 26840.
Alternative scenario:
Below 26050, expect 25750 and 25560.
Comment: The RSI is above 50. The MACD is positive and below its signal line. The price could be retraced. Moreover, the price is trading above its 20 and 50-period moving averages (respectively at 26188 and 25928).
