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: 131.20
Our suggestion :
long positions above 131.20 with targets at 132.90 & 133.50 in extension.
Alternate setup:
below 131.20 look for further downside with 130.40 & 129.80 as targets.
Remarks :
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
EUR/USD
Pivot: 1.0830
Our suggestion :
short positions below 1.0830 with targets at 1.0760 & 1.0730 in extension.
Alternate setup:
above 1.0830 look for further upside with 1.0865 & 1.0900 as targets.
Remarks :
the RSI is mixed to bearish.
AUD/USD
Pivot: 0.6965
Our suggestion :
short positions below 0.6965 with targets at 0.6880 & 0.6840 in extension.
Alternate setup:
above 0.6965 look for further upside with 0.7000 & 0.7040 as targets.
Remarks :
the upward potential is likely to be limited by the resistance at 0.6965.
XAU/USD
Pivot: 1887.00
Our suggestion :
short positions below 1887.00 with targets at 1860.00 & 1850.00 in extension.
Alternate setup:
above 1887.00 look for further upside with 1896.00 & 1909.00 as targets.
Remarks :
as long as the resistance at 1887.00 is not surpassed, the risk of the break below 1860.00 remains high.
NZD/USD
Our pivot point stands at 0.6302.
Our suggestion :
rebound towards 0.6383.
Alternate setup:
the downside breakout of 0.6302 would call for 0.6275 and 0.6258.
Remarks :
the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (0.6324) but under its 50 period moving average (0.6392).
GBP/JPY
Our pivot point is at 158.17.
Our suggestion :
as long as 158.17 is support look for 160.37.
Alternate setup:
below 158.17, expect 157.37 and 156.89.
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 above its 20 and 50 period moving average (respectively at 158.70 and 157.98).
CAD/JPY
Our pivot point is at 96.55.
Our suggestion :
the upside prevails as long as 96.55 is support.
Alternate setup:
the downside breakout of 96.55 would call for 95.97 and 95.63.
Remarks :
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 96.84 and 97.01).
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