GBP/USD
Pivot: 1.2075
Our suggestion :
short positions below 1.2075 with targets at 1.2020 & 1.2000 in extension.
Alternate setup:
above 1.2075 look for further upside with 1.2110 & 1.2140 as targets.
Remarks :
the RSI is mixed to bearish.
USD/JPY
Pivot: 131.35
Our suggestion :
long positions above 131.35 with targets at 132.30 & 132.80 in extension.
Alternate setup:
below 131.35 look for further downside with 131.00 & 130.60 as targets.
Remarks :
the RSI is bullish and calls for further advance.
EUR/USD
Pivot: 1.0685
Our suggestion :
long positions above 1.0685 with targets at 1.0765 & 1.0785 in extension.
Alternate setup:
below 1.0685 look for further downside with 1.0665 & 1.0640 as targets.
Remarks :
the RSI is mixed to bullish.
AUD/USD
Pivot: 0.6930
Our suggestion :
short positions below 0.6930 with targets at 0.6885 & 0.6870 in extension.
Alternate setup:
above 0.6930 look for further upside with 0.6950 & 0.6970 as targets.
Remarks :
as long as the resistance at 0.6930 is not surpassed, the risk of the break below 0.6885 remains high.
XAU/USD
Pivot: 1868.00
Our suggestion :
short positions below 1868.00 with targets at 1857.00 & 1852.00 in extension.
Alternate setup:
Remarks :
above 1868.00 look for further upside with 1875.00 & 1881.00 as targets.
as long as the resistance at 1868.00 is not surpassed, the risk of the break below 1857.00 remains high.
NZD/USD
Our pivot point is at 0.6281.
Our suggestion :
rebound.
Alternate setup:
the downside breakout of 0.6281 would call for 0.6249 and 0.6229.
Remarks :
the RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (0.6305) but under its 50 period moving average (0.6314).
GBP/JPY
Our pivot point is at 158.48.
Our suggestion :
the upside prevails as long as 158.48 is support.
Alternate setup:
below 158.48, expect 157.60 and 157.08.
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 158.73 and 158.62).
CAD/JPY
Our pivot point is at 97.86.
Our suggestion :
the downside prevails as long as 97.86 is resistance.
Alternate setup:
the upside breakout of 97.86, would call for 98.46 and 98.81.
Remarks :
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 97.58 and 97.63).
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