GOLD (SPOT) INTRADAY: BOUNCE. |
Pivot: 1662.00 Most Likely Scenario: LONG positions above 1662 with targets @ 1680 & 1690. Alternative scenario: The downside penetration of 1662 will call for 1645 & 1635. Comment: intraday support around 1662 |
GBP/USD INTRADAY: THE UPSIDE PREVAILS. |
Pivot: 1.5560. Most Likely Scenario: LONG positions above 1.556 with 1.5645 & 1.567 as next targets. Alternative scenario: The downside penetration of 1.556 will call for a slide towards 1.551 & 1.5445. Comment: the pair has rebounded on its bullish channel lower boundary |
EUR/USD INTRADAY: THE UPSIDE PREVAILS. |
Pivot: 1.2945. Most Likely Scenario: LONG positions @ 1.295 with targets @ 1.305 & 1.308. Alternative scenario: The downside penetration of 1.2945 will call for a slide towards 1.2875 & 1.2835. Comment: the pair remains on the upside and is challenging its resistance. |