TECHNICAL ANALYSIS

 WELCOME TO SVFX  (Technical Signals for intraday)

Ø Gold: supported by a rising trend line with Pivot: 1084.5

Our preference: Long positions above 1084.5 with targets @ 1097.7 & 1101 in extension.

Alternative scenario: Below 1084.5 look for further downside with 1082.5 & 1080 as targets.

Comment: The RSI is supported by a bullish trend line.
Key Levels:
1103.5 
1101 
1097.7 
1090 Last
1084.5 
1082.5 
1080 

Ø  EUR/USD the upside prevails with Pivot: 1.0875

Our preference: Long positions above 1.0875 with targets @ 1.0965 & 1.0995 in extension.

Alternative scenario: Below 1.0875 look for further downside with 1.0845 & 1.081 as targets.
Comment: The RSI is well directed.

Key Levels:
1.102 ***
1.0995 ***
1.0965 ***
1.0932 Last
1.0875 ***
1.0845 ***
1.081 ***

Ø  GBP/USD the under pressure with Pivot: 1.5565

Our preference: Short positions below 1.5565 with targets @ 1.547 & 1.545 in extension.

Alternative scenario: Above 1.5565 look for further upside with 1.559 & 1.5635 as targets.
Comment: The RSI lacks upward momentum.
Key Levels:1.5635 ***
1.559 **
1.5565 **
1.5518 Last
1.547 **
1.545 ***
1.541 ***