TECHNICAL ANALYSIS

   WELCOME TO SVFX  (Technical Signals for intraday)

Ø Gold: key resistance 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 
1087.13 Last
1080 
1073 
1065 

Ø  EUR/USD the downside prevails with Pivot: 1.093

Our preference: Short positions below 1.093 with targets @ 1.0835 & 1.081 in extension.

Alternative scenario: Above 1.093 look for further upside with 1.0965 & 1.099 as targets.

Comment: The RSI has broken down its 30 level. 

Key Levels:
1.099 ***
1.0965 **
1.093 ***
1.0867 Last
1.0835 ***
1.081 ***
1.078 ***

Ø  GBP/USD the downside prevails with Pivot: 1.5585

Our preference: Short positions below 1.5585 with targets @ 1.55 & 1.5465 in extension.

Alternative scenario: Above 1.5585 look for further upside with 1.563 & 1.568 as targets.

Comment: The RSI is bearish and calls for further downside.
Key Levels:1.568 **
1.563 ***
1.5585 ***
1.5541 Last
1.55 ***
1.5465 ***
1.5445 ***