TECHNICAL ANALYSIS

   WELCOME TO SVFX  (Technical Signals for intraday)

Ø Gold: under pressure with Pivot: 1157

Our preference: Short positions below 1157 with targets @ 1142 & 1137 in extension.

Alternative scenario: Above 1157 look for further upside with 1163 & 1170 as targets.

Comment: As long as 1157 is resistance, likely decline to 1142.
Key Levels:
1170 
1163 
1157 
1149.5 Last
1142 
1137 
1132 

Ø  EUR/USD turning down with Pivot: 1.1625

Our preference: Short positions below 1.1625 with targets @ 1.1395 & 1.1345 in extension.

Alternative scenario: Above 1.1625 look for further upside with 1.173 & 1.181 as targets.

Comment: The RSI is badly directed.

Key Levels:
1.181 **
1.173 **
1.1625 ***
1.1490 Last
1.1395 ***
1.1345 ***
1.1295 ***

GBP/USD the upside prevails with Pivot: 1.572

Our preference: Long positions above 1.572 with targets @ 1.5805 & 1.5835 in extension.

Alternative scenario: Below 1.572 look for further downside with 1.569 & 1.5655 as targets.
Comment: The RSI is mixed to bullish.
Key Levels:1.5865 ***
1.5835 ***
1.5805 ***
1.5770 Last
1.572 ***
1.569 ***
1.5655 ***