TECHNICAL ANALYSIS

 WELCOME TO SVFX (Technical Signals for intraday)

Ø     Gold: further advance with Pivot: 1115

Our preference: Long positions above 1115 with targets @ 1125 & 1127 in extension.

Alternative scenario: Below 1115 look for further downside with 1112 & 1107 as targets.

Comment: The RSI is supported by a rising trend line.
Key Levels:
1131 
1127 
1125 
1120.03 Last
1115 
1112 
1107 

Ø  EUR/USD the upside prevails with Pivot: 1.1265

Our preference: Long positions above 1.1265 with targets @ 1.133 & 1.137 in extension.

Alternative scenario: Below 1.1265 look for further downside with 1.121 & 1.118 as targets.

Comment: The RSI is mixed with a bullish bias. The pair has broken above the upper boundary of a bearish channel and remains on the upside.

Key Levels:
1.1415 **
1.137 ***
1.133 *
1.1297 Last
1.1265 ***
1.121 **
1.118 **

Ø     GBP/USD  the upside prevails with Pivot: 1.541

Our preference: Long positions above 1.541 with targets @ 1.5555 & 1.56 in extension.

Alternative scenario: Below 1.541 look for further downside with 1.533 & 1.529 as targets.

Comment: The RSI is mixed to bullish.
Key Levels:1.5675 **
1.56 **
1.5555 **
1.5505 Last
1.541 ***
1.533 ***
1.529 **