TECHNICAL ANALYSIS

 WELCOME TO SVFX  (Technical Signals for intraday)

Ø Gold: the downside prevails with Pivot: 1135

Our preference: Short positions below 1135 with targets @ 1117 & 1110 in extension.

Alternative scenario: Above 1135 look for further upside with 1142.5 & 1148 as targets.

Comment: The RSI lacks upward momentum.
Key Levels:
1148 
1142.5 
1135 
1124.5 Last
1117 
1110 
1104 

Ø  EUR/USD the downside prevails with Pivot: 1.1175

Our preference: Short positions below 1.1175 with targets @ 1.1085 & 1.105 in extension.

Alternative scenario: Above 1.1175 look for further upside with 1.121 & 1.126 as targets.

Comment: The RSI is mixed to bearish.

Key Levels:
1.126 ***
1.121 ***
1.1175 ***
1.1134 Last
1.1085 ***
1.105 ***
1.102 ***

Ø     GBP/USD capped by a negative trend line with Pivot: 1.529

Our preference: Short positions below 1.529 with targets @ 1.5215 & 1.5165 in extension.

Alternative scenario: Above 1.529 look for further upside with 1.534 & 1.538 as targets.

Comment: The RSI is badly directed.
Key Levels:1.538 **
1.534 **
1.529 ***
1.5234 Last
1.5215 **
1.5165 **
1.5085 **