EUR/USD Intraday: the bias remains bullish.
Pivot: 1.358 Analysis: Long positions above 1.358 with targets @ 1.363 & 1.365 in extension. Alternative scenario: Below 1.358 look for further downside with 1.356 & 1.3535 as targets. Comment: The pair has rebounded above its support and remains on the upside.
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: 1.7 Analysis: Short positions below 1.7 with targets @ 1.695 & 1.6915 in extension. Alternative scenario: Above 1.7 look for further upside with 1.7035 & 1.706 as targets. Comment: The pair stands below its new resistance and remains under pressure.
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: bullish bias above 1306.
Pivot: 1306 Analysis: Long positions above 1306 with targets @ 1332 & 1350 in extension. Alternative scenario: Below 1306 look for further downside with 1285 & 1271 as targets. Comment: A support base at 1306 has formed and has allowed for a temporary stabilisation.
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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