TECHNICAL ANALYSIS

 WELCOME TO SVFX  (Technical Signals for intraday)

Ø Gold: under pressure with Pivot: 1135.2

Our preference: Short positions below 1135.2 with targets @ 1117 & 1109 in extension.

Alternative scenario: Above 1135.2 look for further upside with 1153 & 1163 as targets.

Comment: The RSI is capped by a bearish trend line.
Key Levels:
1163 
1153 
1135.2 
1126.5 Last
1117 
1109 
1101 

Ø  EUR/USD the downside prevails with Pivot: 1.1395

Our preference: Short positions below 1.1395 with targets @ 1.1235 & 1.117 in extension.

Alternative scenario: Above 1.1395 look for further upside with 1.144 & 1.15 as targets.

Comment: The RSI is badly directed.

Key Levels:
1.15 ***
1.144 ***
1.1395 ***
1.1298 Last
1.1235 ***
1.117 ***
1.11 ***

GBP/USD the downside prevails with Pivot: 1.555

Our preference: Short positions below 1.555 with targets @ 1.541 & 1.536 in extension.

Alternative scenario: Above 1.555 look for further upside with 1.56 & 1.565 as targets.

Comment: The RSI is capped by a declining trend line.
Key Levels:1.565 ***
1.56 ***
1.555 ***
1.5445 Last
1.541 ***
1.536 ***
1.5325 ***