TECHNICAL ANALYSIS

WELCOME TO SVFX  (Technical Signals for intraday)

Ø Gold: the upside prevails with Pivot: 1126.8

Our preference: Long positions above 1126.8 with targets @ 1143.5 & 1149.5 in extension.

Alternative scenario: Below 1126.8 look for further downside with 1119 & 1109.15 as targets.

Comment: The RSI is mixed to bullish.
Key Levels:
1156.7 
1149.5 
1143.5 
1138 Last
1126.8 
1119 
1109.15 

Ø  EUR/USD the upside prevails with Pivot: 1.1105

Our preference: Long positions above 1.1105 with targets @ 1.1185 & 1.121 in extension.

Alternative scenario: Below 1.1105 look for further downside with 1.107 & 1.1015 as targets.

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

Key Levels:
1.1235 **
1.121 ***
1.1185 ***
1.1176 Last
1.1105 ***
1.107 ***
1.1015 ***

GBP/USD key resistance with Pivot: 1.572

Our preference: Short positions below 1.572 with targets @ 1.56 & 1.5575 in extension.

Alternative scenario: Above 1.572 look for further upside with 1.577 & 1.5805 as targets.

Comment: The RSI is mixed to bearish
Key Levels:1.5805 ***
1.577 **
1.572 ***
1.5655 Last
1.56 ***
1.5575 **
1.5535 ***