TECHNICAL ANALYSIS

WELCOME TO SVFX  (Technical Signals for intraday)

Ø Gold: continuation of the rebound with Pivot: 1134

Our preference: Long positions above 1134 with targets @ 1146.5 & 1153 in extension.

Alternative scenario: Below 1134 look for further downside with 1125 & 1117 as targets.

Comment: The RSI is mixed with a bullish bias.
Key Levels:
1160 
1153 
1146.5 
1143 Last
1134 
1125 
1117 

Ø  EUR/USD the upside prevails with Pivot: 1.12

Our preference: Long positions above 1.12 with targets @ 1.135 & 1.14 in extension.

Alternative scenario: Below 1.12 look for further downside with 1.1155 & 1.11 as targets.
Comment: The RSI lacks downward momentum.

Key Levels:
1.144 **
1.14 ***
1.135 ***
1.1257 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 @ 1.5265 & 1.521 in extension.

Alternative scenario: Above 1.5445 look for further upside with 1.55 & 1.557 as targets.
Comment: The RSI is badly directed.
Key Levels:1.557 ***
1.55 ***
1.5445 ***
1.5347 Last
1.5265 ***
1.521 **
1.5165 **