GBP/USD
Pivot: 1.2065
Our suggestion :
short positions below 1.2065 with targets at 1.1990 & 1.1960 in extension.
Alternate setup:
above 1.2065 look for further upside with 1.2105 & 1.2145 as targets.
Remarks :
the RSI lacks upward momentum.
USD/JPY
Pivot: 135.00
Our suggestion :
short positions below 135.00 with targets at 134.45 & 134.20 in extension.
Alternate setup:
above 135.00 look for further upside with 135.35 & 135.65 as targets.
Remarks :
as long as the resistance at 135.00 is not surpassed, the risk of the break below 134.45 remains high.
EUR/USD
Pivot: 1.0625
Our suggestion :
short positions below 1.0625 with targets at 1.0575 & 1.0545 in extension.
Alternate setup:
above 1.0625 look for further upside with 1.0660 & 1.0685 as targets.
Remarks :
the RSI shows downside momentum.
AUD/USD
Pivot: 0.6840
Our suggestion :
short positions below 0.6840 with targets at 0.6765 & 0.6750 in extension.
Alternate setup:
above 0.6840 look for further upside with 0.6865 & 0.6890 as targets.
Remarks :
the RSI shows downside momentum.
XAU/USD
Pivot: 1868.00
Our suggestion :
short positions below 1829.00 with targets at 1818.00 & 1813.00 in extension.
Alternate setup:
above 1829.00 look for further upside with 1834.00 & 1839.00 as targets.
Remarks :
as long as 1829.00 is resistance, look for choppy price action with a bearish bias.
NZD/USD
Our pivot point is at 0.6211.
Our suggestion :
the upside prevails as long as 0.6211 is support.
Alternate setup:
the downside breakout of 0.6211 would call for 0.6184 and 0.6168.
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 0.6225 and 0.6231).
GBP/JPY
Our pivot point is at 161.22.
Our suggestion :
rebound towards 163.54.
Alternate setup:
below 161.22, expect 160.38 and 159.88.
Remarks :
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (161.79) but below its 50 period moving average (162.21).
CAD/JPY
Our pivot point stands at 99.24.
Our suggestion :
as long as 99.24 is support look for 100.59.
Alternate setup:
the downside breakout of 99.24 would call for 98.73 and 98.43.
Remarks :
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 99.66 and 99.56).
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