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Tuesday, 11 August 2015

TECHNICAL ANALYSIS

WELCOME TO SVFX  (Technical Signals for intraday)

Ø Gold: further advance with Pivot: 1093.7

Our preference: Long positions above 1093.7 with targets @ 1126.5 & 1135 in extension.

Alternative scenario: Below 1093.7 look for further downside with 1087.5 & 1083.5 as targets.

Comment: The RSI is bullish and calls for further upside.

Key Levels
:
1145 
1135 
1126.5 
1111.3 Last
1093.7 
1087.5 
1083.5 


Ø  EUR/USD the upside prevails with Pivot: 1.0955
Our preference: Long positions above 1.0955 with targets @ 1.108 & 1.1115 in extension.

Alternative scenario: Below 1.0955 look for further downside with 1.092 & 1.088 as targets.

Comment: The RSI is well directed.
Key Levels:
1.1155 **
1.1115 ***
1.108 ***
1.1036 Last
1.0955 ***
1.092 **
1.088 ***
GBP/USD the bias remains bullish with Pivot: 1.555

Our preference: Long positions above 1.555 with targets @ 1.5635 & 1.567 in extension.

Alternative scenario: Below 1.555 look for further downside with 1.551 & 1.5455 as targets.

Comment: The RSI is mixed to bullish.

Key Levels:
1.569 **
1.567 ***
1.5635 ***
1.5582 Last
1.555 ***
1.551 ***
1.5455 *** 

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