TECHNICAL ANALYSIS

WELCOME TO SVFX  (Technical Signals for intraday)

Ø Gold: further advance with Pivot: 1148

Our preference: Long positions above 1148 with targets @ 1169 & 1178 in extension.

Alternative scenario: Below 1148 look for further downside with 1142 & 1132 as targets.

Comment: The RSI is mixed with a bullish bias.
Key Levels:
1188 
1178 
1169 
1164.33 Last
1148 
1142 
1132 

Ø  EUR/USD further advance with Pivot: 1.119

Our preference: Long positions above 1.119 with targets @ 1.131 & 1.137 in extension.

Alternative scenario: Below 1.119 look for further downside with 1.115 & 1.11 as targets.

Comment: The RSI is supported by a rising trend line.

Key Levels:
1.14 ***
1.137 **
1.131 ***
1.1290 Last
1.119 ***
1.115 ***
1.11 ***

GBP/USD key resistance with Pivot: 1.572

Our preference: Short positions below 1.572 with targets @ 1.563 & 1.56 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 1.563 remains high. 
Key Levels:1.5805 ***
1.577 **
1.572 ***
1.5696 Last
1.563 ***
1.56 **
1.5575 ***