TECHNICAL ANALYSIS

  WELCOME TO SVFX  (Technical Signals for intraday)

Ø Gold: the upside prevails with Pivot: 1116

Our preference: Long positions above 1116 with targets @ 1127 & 1130 in extension.

Alternative scenario: Below 1116 look for further downside with 1109 & 1101.5 as targets.

Comment: The RSI is mixed to bullish.
Key Levels:
1135 
1130 
1127 
1121 Last
1116 
1109 
1101.5 

Ø  EUR/USD key resistance with Pivot: 1.1095

Our preference: Short positions below 1.1095 with targets @ 1.1015 & 1.098 in extension.

Alternative scenario: Above 1.1095 look for further upside with 1.1125 & 1.1165 as targets.
Comment: The RSI is badly directed.

Key Levels:
1.1165 ***
1.1125 ***
1.1095 ***
1.1037 Last
1.1015 ***
1.098 ***
1.094 **

GBP/USD the upside prevails with Pivot: 1.564

Our preference: Long positions above 1.564 with targets @ 1.572 & 1.577 in extension.

Alternative scenario: Below 1.564 look for further downside with 1.5615 & 1.5575 as targets.
Comment: The RSI lacks downward momentum.
Key Levels:1.5805 ***
1.577 **
1.572 **
1.5663 Last
1.564 **
1.5615 ***
1.5575 ***