EUR/USD Intraday: bullish bias above 1.0890.
Pivot:
1.0890
Our preference:
Long positions above 1.0890 with targets at 1.0940 & 1.0960 in extension.
Alternative scenario:
Below 1.0890 look for further downside with 1.0870 & 1.0855 as targets.
The RSI is bullish and calls for further upside.
USD/JPY Intraday: continuation of the rebound.
Pivot:
144.35
Our preference:
Long positions above 144.35 with targets at 144.80 & 145.00 in extension.
Alternative scenario:
Below 144.35 look for further downside with 144.20 & 144.00 as targets.
The RSI is mixed with a bullish bias.
GBP/USD Intraday: further upside.
Pivot:
1.2670
Our preference:
Long positions above 1.2670 with targets at 1.2725 & 1.2760 in extension.
Alternative scenario:
Below 1.2670 look for further downside with 1.2640 & 1.2620 as targets.
The RSI is bullish and calls for further advance.
Gold Intraday: look for 1930.00.
Pivot:
1911.00
Our preference:
Long positions above 1911.00 with targets at 1924.00 & 1930.00 in extension.
Alternative scenario:
Below 1911.00 look for further downside with 1901.00 & 1893.00 as targets.
The RSI is bullish and calls for further upside.
Crude Oil (WTI) (Q3) Intraday: bullish bias above 70.00.
Pivot:
70.00
Our preference:
Long positions above 70.00 with targets at 71.00 & 71.80 in extension.
Alternative scenario:
Below 70.00 look for further downside with 69.50 & 68.90 as targets.
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Nasdaq 100 (CME) (U3) Intraday: aim @ 15460.00.
Pivot:
15200.00
Our preference:
Long positions above 15200.00 with targets at 15460.00 & 15600.00 in extension.
Alternative scenario:
Below 15200.00 look for further downside with 15020.00 & 14850.00 as targets.
The RSI is above its neutrality area at 50%.
Dax (Eurex) Intraday: bullish bias above 16215.00.
Pivot:
16215.00
Our preference:
Long positions above 16215.00 with targets at 16360.00 & 16440.00 in extension.
Alternative scenario:
Below 16215.00 look for further downside with 16160.00 & 16090.00 as targets.
The RSI shows upside momentum.
Dow Jones (CME) (U3) Intraday: bullish bias above 34520.00.
Pivot:
34520.00
Our preference:
Long positions above 34520.00 with targets at 34800.00 & 34900.00 in extension.
Alternative scenario:
Below 34520.00 look for further downside with 34380.00 & 34220.00 as targets.
The next resistances are at 34800.00 and then at 34900.00.
SGX CNX Nifty (N3) intraday: the upside prevails as long as 19218 is support
Our pivot point stands at 19218.0.
Our preference:
The upside prevails as long as 19218 is supported.
Alternative scenario:
Below 19218, expect 19140.5 and 19094.
The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. SGX CNX Nifty (N3) is above its 20 and 50 period moving averages (respectively at 19226.4 and 19189.2).
Bitcoin / Dollar intraday: the upside prevails as long as 30390 is support
30390 is our pivot point.
Our preference:
The upside prevails as long as 30390 is supported.
Alternative scenario:
Below 30390, expect 29950 and 29680.
The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50-period moving averages (respectively at 30658 and 30576).
