TECHNICAL ANALYSIS

WELCOME TO SVFX  (Technical Signals for intraday)

Ø Gold: bullish bias with Pivot: 1149

Our preference: Long positions above 1149 with targets @ 1162 & 1168.3 in extension.

Alternative scenario: Below 1149 look for further downside with 1142 & 1132 as targets.

Comment: A support base at 1149 has formed and has allowed for a temporary stabilisation.
Key Levels:
1173 
1168.3 
1162 
1154 Last
1149 
1142 
1132 

Ø  EUR/USD the upside prevails with Pivot: 1.119

Our preference: Long positions above 1.119 with targets @ 1.131 & 1.137 in extension.

Alternative scenario: Below 1.119 look for further downside with 1.115 & 1.11 as targets.
Comment: The RSI is mixed to bullish.

Key Levels:
1.14 ***
1.137 **
1.131 ***
1.1285 Last
1.119 ***
1.115 ***
1.11 ***

GBP/USD the upside prevails with Pivot: 1.5655

Our preference: Long positions above 1.5655 with targets @ 1.5725 & 1.577 in extension.

Alternative scenario: Below 1.5655 look for further downside with 1.563 & 1.56 as targets.

Comment: The RSI lacks downward momentum.
Key Levels:1.5805 ***
1.577 ***
1.5725 ***
1.5683 Last
1.5655 ***
1.563 **
1.56 ***