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EUR/USD Intraday: bullish bias above 1.0725. | Next |
| Pivot: 1.0725
Our preference: long positions above 1.0725 with targets at 1.0760 & 1.0780 in extension.
Alternative scenario: below 1.0725 look for further downside with 1.0705 & 1.0690 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
|  | Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced |  |
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| Our pivot point is at 169.96.
Our preference: target 168.34.
Alternative scenario: the upside breakout of 169.96, would call for 170.58 and 170.94.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the pair is trading under its 20 period moving average (169.50) but above its 50 period moving average (169.46).
|  | Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced |  |
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GBP/USD Intraday: bullish bias above 1.2685. | Previous | Next |
| Pivot: 1.2685
Our preference: long positions above 1.2685 with targets at 1.2720 & 1.2740 in extension.
Alternative scenario: below 1.2685 look for further downside with 1.2665 & 1.2655 as targets.
Comment: the RSI is mixed with a bullish bias.
|  | Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced |  |
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GBP/JPY intraday: as long as 199.90 is support look for 201.97 | Previous | Next |
| Our pivot point is at 199.90.
Our preference: as long as 199.90 is support look for 201.97.
Alternative scenario: below 199.90, expect 199.12 and 198.66.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is trading under its 20 period moving average (200.59) but above its 50 period moving average (200.50).
|  | Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced |  |
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USD/JPY Intraday: bullish bias above 157.55. | Previous | Next |
| Pivot: 157.55
Our preference: long positions above 157.55 with targets at 158.00 & 158.20 in extension.
Alternative scenario: below 157.55 look for further downside with 157.25 & 156.90 as targets.
Comment: the RSI lacks downward momentum.
|  | Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced |  |
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| Pivot: 1.3740
Our preference: short positions below 1.3740 with targets at 1.3705 & 1.3685 in extension.
Alternative scenario: above 1.3740 look for further upside with 1.3760 & 1.3780 as targets.
Comment: as long as the resistance at 1.3740 is not surpassed, the risk of the break below 1.3705 remains high.
|  | Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced |  |
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Crude Oil (WTI) (Q4) Intraday: bullish bias above 80.00. | Previous | Next |
| Pivot: 80.00
Our preference: long positions above 80.00 with targets at 81.50 & 82.00 in extension.
Alternative scenario: below 80.00 look for further downside with 79.30 & 78.70 as targets.
Comment: the RSI is mixed to bullish.
|  | Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced |  |
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Brent (ICE) (Q4) Intraday: the upside prevails. | Previous | Next |
| Pivot: 84.60
Our preference: long positions above 84.60 with targets at 85.90 & 86.50 in extension.
Alternative scenario: below 84.60 look for further downside with 83.80 & 83.30 as targets.
Comment: the RSI is bullish and calls for further advance.
|  | Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced |  |
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Dow Jones (CME) (U4) Intraday: intraday support around 39170.00. | Previous | Next |
| Pivot: 39170.00
Our preference: long positions above 39170.00 with targets at 39470.00 & 39580.00 in extension.
Alternative scenario: below 39170.00 look for further downside with 39040.00 & 38860.00 as targets.
Comment: the RSI is around its neutrality area at 50%
|  | Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced |  |
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Gold Intraday: intraday support around 2324.00. | Previous |
| Pivot: 2324.00
Our preference: long positions above 2324.00 with targets at 2335.00 & 2341.00 in extension.
Alternative scenario: below 2324.00 look for further downside with 2317.00 & 2307.00 as targets.
Comment: the RSI is above its neutrality area at 50%.
|  | Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced |  |
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