Pivot: 1.3100.
Most Likely Scenario: SHORT positions below 1.31 with 1.3025 & 1.298 as next targets.
Alternative scenario: The upside penetration of 1.31 will call for a rebound towards 1.314 & 1.3195.
Comment: The pair is under pressure and is challenigng its support.
GBP/USD INTRADAY: CAUTION.
Pivot: 1.5650.
Most Likely Scenario: LONG positions above 1.565 with 1.572 & 1.5775 as next targets.
Alternative scenario: The downside penetration of 1.565 will call for a slide towards 1.562 & 1.5565.
Comment: The pair is challenging its support, the RSI calls for caution.
GOLD (SPOT) INTRADAY: THE DOWNSIDE PREVAILS.
Pivot: 1617.00
Most Likely Scenario: SHORT positions below 1617 with 1588 & 1582 in sight.
Alternative scenario: The upside breakout of 1617 will open the way to 1641.5 & 1650.
Comment: The price and the RSI broke below rising trend lines.
0 comments:
Post a Comment