TECHNICAL ANALYSIS

WELCOME TO SVFX  (Technical Signals for intraday)

Ø Gold: under pressure with Pivot: 1140

Our preference: Short positions below 1140 with targets @ 1117 & 1109 in extension.

Alternative scenario: Above 1140 look for further upside with 1153 & 1163 as targets.

Comment: As long as 1140 is resistance, likely decline to 1117.
Key Levels:
1163 
1153 
1140 
1127.64 Last
1117 
1109 
1101 

Ø  EUR/USD the downside prevails with Pivot: 1.144

Our preference: Short positions below 1.144 with targets @ 1.1295 & 1.1235 in extension.

Alternative scenario: Above 1.144 look for further upside with 1.15 & 1.156 as targets.

Comment: A break below 1.1295 would trigger a drop towards 1.1235.

Key Levels:
1.156 ***
1.15 ***
1.144 ***
1.1352 Last
1.1295 ***
1.1235 ***
1.117 ***

GBP/USD the downside prevails with Pivot: 1.56

Our preference: Short positions below 1.56 with targets @ 1.545 & 1.541 in extension.

Alternative scenario: Above 1.56 look for further upside with 1.565 & 1.57 as targets.

Comment: A break below 1.545 would trigger a drop towards 1.541.
Key Levels:1.57 **
1.565 ***
1.56 ***
1.5500 Last
1.545 ***
1.541 ***
1.536 ***