GBP/USD
Pivot: 1.2100
Our suggestion :
short positions below 1.2100 with targets at 1.2000 & 1.1960 in extension.
Alternate setup:
above 1.2100 look for further upside with 1.2145 & 1.2185 as targets.
Remarks :
as long as the resistance at 1.2100 is not surpassed, the risk of the break below 1.2000 remains high.
USD/JPY
Pivot: 132.00
Our suggestion :
long positions above 132.00 with targets at 132.90 & 133.20 in extension.
Alternate setup:
below 132.00 look for further downside with 131.60 & 131.20 as targets.
Remarks :
intraday technical indicators are mixed and call for caution.
EUR/USD
Pivot: 1.0755
Our suggestion :
short positions below 1.0755 with targets at 1.0705 & 1.0670 in extension.
Alternate setup:
above 1.0755 look for further upside with 1.0780 & 1.0800 as targets.
Remarks :
the upward potential is likely to be limited by the resistance at 1.0755.
AUD/USD
Pivot: 0.6890
Our suggestion :
long positions above 0.6890 with targets at 0.6970 & 0.6995 in extension.
Alternate setup:
below 0.6890 look for further downside with 0.6870 & 0.6850 as targets.
Remarks :
the RSI shows upside momentum.
XAU/USD
Pivot: 1881.00
Our suggestion :
short positions below 1881.00 with targets at 1860.00 & 1850.00 in extension.
Alternate setup:
above 1881.00 look for further upside with 1896.00 & 1909.00 as targets.
Remarks :
the immediate trend remains down but the momentum is weak.
NZD/USD
Our pivot point is at 0.6295.
Our suggestion :
the upside prevails as long as 0.6295 is support.
Alternate setup:
below 0.6295, expect 0.6268 and 0.6251.
Remarks :
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.6314 and 0.6307).
GBP/JPY
Our pivot point stands at 160.05.
Our suggestion :
eye 157.88.
Alternate setup:
above 160.05, look for 160.85 and 161.33.
Remarks :
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is below its 20 period moving average (159.40) but above its 50 period moving average (159.32).
CAD/JPY
Our pivot point stands at 97.70.
Our suggestion :
as long as 97.70 is support look for 99.42.
Alternate setup:
the downside breakout of 97.70 would call for 97.12 and 96.77.
Remarks :
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is below its 20 period moving average (98.37) but above its 50 period moving average (97.77).
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