Technical Analysis

WELCOME TO SVFX (Technical Signals for intraday)

Ø    Gold: further advance with Pivot: 1123

Our preference: Long positions above 1123 with targets @ 1136.5 & 1140 in extension.

Alternative scenario: Below 1123 look for further downside with 1119 & 1115 as targets.

Comment: The RSI is mixed to bullish.
Key Levels:
1143 
1140 
1136.5 
1128.75 Last
1123 
1119 
1115 

 Ø  EUR/USD the upside prevails with Pivot: 1.134

Our preference: Long positions above 1.134 with targets @ 1.144 & 1.1495 in extension.

Alternative scenario: Below 1.134 look for further downside with 1.129 & 1.1255 as targets.

Comment: The RSI lacks downward momentum.

Key Levels:
1.153 **
1.1495 **
1.144 ***
1.1404 Last
1.134 ***
1.129 **
1.1255 **

Ø     GBP/USD the bias remains bullish with Pivot: 1.549

Our preference: Long positions above 1.549 with targets @ 1.563 & 1.568 in extension.

Alternative scenario: Below 1.549 look for further downside with 1.545 & 1.54 as targets.

Comment: The RSI is mixed to bullish.
Key Levels:1.572 **
1.568 **
1.563 ***
1.5572 Last
1.549 ***
1.545 **
1.54 **