TECHNICAL ANALYSIS

WELCOME TO SVFX  (Technical Signals for intraday)

Ø     Gold: capped by a negative trend line with Pivot: 1127

Our preference: Short positions below 1127 with targets @ 1114 & 1110 in extension.

Alternative scenario: Above 1127 look for further upside with 1133 & 1142 as targets.

Comment: As long as 1127 is resistance, likely decline to 1114.
Key Levels:
1142 
1133 
1127 
1121 Last
1114 
1110 
1104 

Ø  EUR/USD the bias remains bullish with Pivot: 1.1115

Our preference: Long positions above 1.1115 with targets @ 1.121 & 1.126 in extension.

Alternative scenario: Below 1.1115 look for further downside with 1.1085 & 1.105 as targets.

Comment: The RSI is mixed to bullish.

Key Levels:
1.1295 ***
1.126 ***
1.121 ***
1.1149 Last
1.1115 ***
1.1085 ***
1.105 ***

Ø     GBP/USD the upside prevails with Pivot: 1.52

Our preference: Long positions above 1.52 with targets @ 1.531 & 1.535 in extension.

Alternative scenario: Below 1.52 look for further downside with 1.516 & 1.512 as targets.

Comment: The RSI is well directed.
Key Levels:1.5385 **
1.535 **
1.531 **
1.5263 Last
1.52 **
1.516 ***
1.512 **