GBP/USD
Pivot: 1.2010
Our suggestion :
long positions above 1.2010 with targets at 1.2070 & 1.2100 in extension.
Alternate setup:
below 1.2010 look for further downside with 1.1970 & 1.1930 as targets.
Remarks :
the RSI is mixed to bullish.
USD/JPY
Pivot: 136.50
Our suggestion :
short positions below 136.50 with targets at 135.90 & 135.70 in extension.
Alternate setup:
above 136.50 look for further upside with 136.75 & 137.00 as targets.
Remarks :
as long as the resistance at 136.50 is not surpassed, the risk of the break below 135.90 remains high.
EUR/USD
Pivot: 1.0570
Our suggestion :
long positions above 1.0570 with targets at 1.0620 & 1.0635 in extension.
Alternate setup:
below 1.0570 look for further downside with 1.0550 & 1.0530 as targets.
Remarks :
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
AUD/USD
Pivot: 0.6700
Our suggestion :
long positions above 0.6700 with targets at 0.6760 & 0.6790 in extension.
Alternate setup:
below 0.6700 look for further downside with 0.6675 & 0.6650 as targets.
Remarks :
the RSI is mixed to bullish.
XAU/USD
Pivot: 1811.00
Our suggestion :
long positions above 1811.00 with targets at 1820.00 & 1827.00 in extension.
Alternate setup:
below 1811.00 look for further downside with 1806.00 & 1800.00 as targets.
Remarks :
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
NZD/USD
Our pivot point is at 0.6140.
Our suggestion :
as long as 0.6140 is support look for 0.6215.
Alternate setup:
the downside breakout of 0.6140 would call for 0.6114 and 0.6098.
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 pair is trading under its 20 period moving average (0.6165) but above its 50 period moving average (0.6157).
GBP/JPY
Our pivot point stands at 163.53.
Our suggestion :
as long as 163.53 is support look for 165.81.
Alternate setup:
below 163.53, expect 162.68 and 162.17.
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 trading above both its 20 and 50 period moving average (respectively at 164.21 and 163.52).
CAD/JPY
Our pivot point stands at 99.84.
Our suggestion :
the upside prevails as long as 99.84 is support.
Alternate setup:
below 99.84, expect 99.33 and 99.03.
Remarks :
the RSI is above 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 100.15 and 100.04).
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