GBP/USD
Pivot: 1.2070
Our suggestion :
short positions below 1.2070 with targets at 1.2010 & 1.1985 in extension.
Alternate setup:
above 1.2070 look for further upside with 1.2110 & 1.2150 as targets.
Remarks :
intraday technical indicators are mixed and call for caution.
USD/JPY
Pivot: 133.40
Our suggestion :
long positions above 133.40 with targets at 134.35 & 134.80 in extension.
Alternate setup:
below 133.40 look for further downside with 133.05 & 132.60 as targets.
Remarks :
the RSI is mixed to bullish.
EUR/USD
Pivot: 1.0680
Our suggestion :
long positions above 1.0680 with targets at 1.0730 & 1.0750 in extension.
Alternate setup:
below 1.0680 look for further downside with 1.0660 & 1.0640 as targets.
Remarks :
the RSI shows upside momentum.
AUD/USD
Pivot: 0.6865
Our suggestion :
long positions above 0.6865 with targets at 0.6940 & 0.6960 in extension.
Alternate setup:
below 0.6865 look for further downside with 0.6850 & 0.6825 as targets.
Remarks :
the RSI shows upside momentum.
XAU/USD
Pivot: 1833.00
Our suggestion :
long positions above 1833.00 with targets at 1846.00 & 1850.00 in extension.
Alternate setup:
below 1833.00 look for further downside with 1829.00 & 1823.00 as targets.
Remarks :
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
NZD/USD
Our pivot point stands at 0.6270.
Our suggestion :
the upside prevails as long as 0.6270 is support.
Alternate setup:
below 0.6270, expect 0.6239 and 0.6220.
Remarks :
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.6285 and 0.6280).
GBP/JPY
Our pivot point is at 160.54.
Our suggestion :
our next up target stands at 162.96.
Alternate setup:
the downside breakout of 160.54 would call for 159.64 and 159.10.
Remarks :
the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 161.22 and 161.22).
CAD/JPY
Our pivot point is at 100.08.
Our suggestion :
under pressure below 100.08.
Alternate setup:
the upside breakout of 100.08, would call for 100.72 and 101.11.
Remarks :
the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 99.54 and 99.51).
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