TECHNICAL ANALYSIS

 WELCOME TO SVFX  (Technical Signals for intraday)

Ø Gold: under pressure with Pivot: 1097.5

Our preference: Short positions below 1097.5 with targets @ 1080 & 1073 in extension.

Alternative scenario: Above 1097.5 look for further upside with 1105 & 1115 as targets.

Comment: As long as 1097.5 is resistance, likely decline to 1080.
Key Levels:
1115 
1105 
1097.5 
1091.4 Last
1080 
1073 
1065 

Ø  EUR/USD the downside prevails with Pivot: 1.0995

Our preference: Short positions below 1.0995 with targets @ 1.0925 & 1.089 in extension.

Alternative scenario: Above 1.0995 look for further upside with 1.1025 & 1.1085 as targets.
Comment: The RSI lacks upward momentum.

Key Levels:
1.1085 ***
1.1025 **
1.0995 ***
1.0985 Last
1.0925 ***
1.089 ***
1.087 ***

Ø  GBP/USD the downside prevails with Pivot: 1.5645

Our preference: Short positions below 1.5645 with targets @ 1.5555 & 1.5535 in extension.

Alternative scenario: Above 1.5645 look for further upside with 1.568 & 1.572 as targets.
Comment: The RSI lacks upward momentum.
Key Levels:1.572 **
1.568 ***
1.5645 ***
1.5599 Last
1.5555 ***
1.5535 ***
1.55 ***