TECHNICAL ANALYSIS

WELCOME TO SVFX  (Technical Signals for intraday)

Ø Gold: under pressure with Pivot: 1146.5

Our preference: Short positions below 1146.5 with targets @ 1126 & 1119 in extension.

Alternative scenario: Above 1146.5 look for further upside with 1153 & 1163 as targets.

Comment: As long as 1146.5 is resistance, likely decline to 1126.
Key Levels:
1163 
1153 
1146.5 
1133.5 Last
1126 
1119 
1109 

Ø  EUR/USD the upside prevails with Pivot: 1.145

Our preference: Long positions above 1.145 with targets @ 1.1625 & 1.1715 in extension.

Alternative scenario: Below 1.145 look for further downside with 1.1395 & 1.1345 as targets.

Comment: Technically the RSI is above its neutrality area at 50.

Key Levels:
1.181 **
1.1715 **
1.1625 ***
1.1515 Last
1.145 ***
1.1395 ***
1.1345 ***

GBP/USD under pressure with Pivot: 1.5745

Our preference: Short positions below 1.5745 with targets @ 1.568 & 1.5655 in extension.

Alternative scenario: Above 1.5745 look for further upside with 1.5805 & 1.5835 as targets.

Comment: As long as the resistance at 1.5745 is not surpassed, the risk of the break below 1.568 remains high. 
Key Levels:1.5835 ***
1.5805 ***
1.5745 ***
1.5714 Last
1.568 ***
1.5655 ***
1.5625 ***