EUR/USD Intraday: key resistance at 1.375.
Pivot: 1.375 Analysis: Short positions below 1.375 with targets @ 1.367 & 1.364 in extension. Alternative scenario: Above 1.375 look for further upside with 1.3785 & 1.381 as targets. Comment: The pair is posting a rebound but stands below its resistance.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced
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GBP/USD Intraday: under pressure.
Pivot: 1.6885 Analysis: Short positions below 1.6885 with targets @ 1.682 & 1.68 in extension. Alternative scenario: Above 1.6885 look for further upside with 1.691 & 1.6935 as targets. Comment: The pair is rebounding but stands below its resistance.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced
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Gold spot Intraday: continuation of the rebound.
Pivot: 1276 Analysis: Long positions above 1276 with targets @ 1315 & 1331 in extension. Alternative scenario: Below 1276 look for further downside with 1254 & 1238 as targets. Comment: The RSI is mixed to bullish.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced
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