EUR/USD intraday: under pressure. |
Pivot: 1.4550.
Most Likely Scenario: SHORT positions @ 1.454 with 1.445 & 1.44 as next targets.
Alternative scenario: The upside breakout of 1.455 will open the way to 1.46 & 1.465.
Comment: The RSI remains capped by a declining trend line, the pair stands below its resistance.
Trend: ST Ltd Upside; MT Range |
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GBP/USD intraday: under pressure. |
Pivot: 1.6365.
Most Likely Scenario: SHORT positions @ 1.6355 with 1.6285 & 1.625 as next targets.
Alternative scenario: The upside breakout of 1.6365 will open the way to 1.64 & 1.644.
Comment: The pair has broken below its channel lower boundary and remains under pressure. |
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USD/JPY intraday: rebound. |
Pivot: 79.85.
Most Likely Scenario: LONG positions @ 79.9 with targets @ 80.55 & 80.7.
Alternative scenario: The downside penetration of 79.85 will call for a slide towards 79.6 & 79.45.
Comment: The pair is rebounding on its support as the RSI is turning up. |
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AUD/USD intraday: under pressure. |
Pivot: 1.065
Most Likely Scenario: Short positions below 1.065 with targets @ 1.056 & 1.0515 in extension.
Alternative scenario: Above 1.065 look for further upside with 1.0675 & 1.072 as targets.
Comment: The pair has struck against its resistance and remains under pressure. |
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GOLD (Spot) intraday: the upside prevails. |
Pivot: 1536.00
Most Likely Scenario: LONG positions above 1536 with targets @ 1550 & 1554.
Alternative scenario: The downside penetration of 1536 will call for 1531 & 1525.
Comment: The price is supported by a bullish trend line and a continuation flag pattern is confimed. |
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Crude Oil (Jul 11) intraday: the bias remains bullish. |
Pivot: 100.45
Most Likely Scenario: LONG positions above 100.45 with 102.45 & 103.25 in sight.
Alternative scenario: The downside penetration of 100.45 will call for 99.8 & 98.8.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. |
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