TECHNICAL ANALYSIS

  WELCOME TO SVFX  (Technical Signals for intraday)

Ø Gold: continuation of the rebound with Pivot: 1125

Our preference: Long positions above 1125 with targets @ 1146.5 & 1153 in extension.

Alternative scenario: Below 1125 look for further downside with 1117 & 1109 as targets.

Comment: The RSI advocates for further upside.
Key Levels:
1160 
1153 
1146.5 
1141.91 Last
1125 
1117 
1109 

Ø  EUR/USD the upside prevails with Pivot: 1.12

Our preference: Long positions above 1.12 with targets @ 1.131 & 1.135 in extension.

Alternative scenario: Below 1.12 look for further downside with 1.1155 & 1.11 as targets.

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

Key Levels:
1.14 ***
1.135 ***
1.131 ***
1.1271 Last
1.12 ***
1.1155 ***
1.11 ***

Ø     GBP/USD key resistance with Pivot: 1.5445

Our preference: Short positions below 1.5445 with targets @ 1.5335 & 1.5265 in extension.

Alternative scenario: Above 1.5445 look for further upside with 1.55 & 1.557 as targets.

Comment: As long as the resistance at 1.5445 is not surpassed, the risk of the break below 1.5335 remains high. 
Key Levels:1.557 ***
1.55 ***
1.5445 ***
1.5392 Last
1.5335 ***
1.5265 ***
1.521 **