TECHNICAL ANALYSIS

 WELCOME TO SVFX  (Technical Signals for intraday)

Ø Gold: the upside prevails with Pivot: 1126.8

Our preference: Long positions above 1126.8 with targets @ 1143.5 & 1149.5 in extension.

Alternative scenario: Below 1126.8 look for further downside with 1119 & 1109.15 as targets.

Comment: The RSI is well directed.
Key Levels:
1156.7 
1149.5 
1143.5 
1138.53 Last
1126.8 
1119 
1109.15

Ø  EUR/USD the upside prevails with Pivot: 1.107

Our preference: Long positions above 1.107 with targets @ 1.1165 & 1.1185 in extension.

Alternative scenario: Below 1.107 look for further downside with 1.1015 & 1.098 as targets.

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

Key Levels:
1.121 ***
1.1185 ***
1.1165 ***
1.1134 Last
1.107 ***
1.1015 ***
1.098 **

GBP/USD key resistance with Pivot: 1.572

Our preference: Short positions below 1.572 with targets @ 1.5615 & 1.5575 in extension.

Alternative scenario: Above 1.572 look for further upside with 1.577 & 1.5805 as targets.

Comment: As long as the resistance at 1.572 is not surpassed, the risk of the break below 1.5615 remains high. 
Key Levels:1.5805 ***
1.577 **
1.572 **
1.5682 Last
1.5615 **
1.5575 ***
1.5535 ***