TECHNICAL ANALYSIS

 WELCOME TO SVFX  (Technical Signals for intraday)

Ø Gold: supported by a rising trend line with Pivot: 1101

Our preference: Long positions above 1101 with targets @ 1126.5 & 1135 in extension.

Alternative scenario: Below 1101 look for further downside with 1093.7 & 1083.5 as targets.

Comment: The RSI is mixed to bullish.
Key Levels:
1145 
1135 
1126.5 
1110.74 Last
1101 
1093.7 
1083.5 

Ø  EUR/USD the bias remains bullish with Pivot: 1.101

Our preference: Long positions above 1.101 with targets @ 1.1115 & 1.1155 in extension.

Alternative scenario: Below 1.101 look for further downside with 1.0955 & 1.092 as targets.

Comment: The RSI is bullish and calls for further upside.

Key Levels:
1.12 **
1.1155 ***
1.1115 ***
1.1074 Last
1.101 ***
1.0955 **
1.092 ***

GBP/USD under pressure with Pivot: 1.559

Our preference: Short positions below 1.559 with targets @ 1.551 & 1.548 in extension.

Alternative scenario: Above 1.559 look for further upside with 1.5615 & 1.5635 as targets.

Comment: The RSI is bearish and calls for further downside.
Key Levels:1.5635 **
1.5615 ***
1.559 ***
1.5558 Last
1.551 ***
1.548 ***
1.5455 ***