Our preference: Short positions below 1.3065 with targets @ 1.2985 & 1.2955 in extension.

Alternative scenario: Above 1.3065 look for further upside with 1.31 & 1.312 as targets.

Comment: the pair is under pressure and is approaching its new support, the RSI is badly directed but is approaching its oversold area.

Our preference: Long positions above 1.4885 with targets @ 1.498 & 1.501 in extension.

Alternative scenario: Below 1.4885 look for further downside with 1.485 & 1.483 as targets.

Comment: the pair has broken above a declining trend line and is challenging its resistance.

Our preference: Short positions below 0.9505 with targets @ 0.943 & 0.939 in extension.

Alternative scenario: Above 0.9505 look for further upside with 0.9545 & 0.958 as targets.

Comment: the pair is rebounding but stands below its resistance, the RSI stands around its neutrality area.

Our preference: Long positions above 1.0245 with targets @ 1.028 & 1.0295 in extension.

Alternative scenario: Below 1.0245 look for further downside with 1.023 & 1.021 as targets.

Comment: the pair is rebounding and should post further advance as the RSI is well directed.

Our preference: LONG positions above 91.6 with 93.5 & 94.45 in sight.

Alternative scenario: The downside penetration of 91.6 will call for a slide towards 90.8 & 90.2.

comment: an ascending channel has formed.

Our preference: LONG positions above 1581 with 1599 & 1609 in sight.

Alternative scenario: The downside breakout of 1581 will open the way to 1575 & 1568.

Comment: the break above 1587 is a positive signal that has opened a path to 1599.

Our preference: LONG positions above 14270 with 14410 & 14470 as next targets.

Alternative scenario: The downside penetration of 14270 will call for 14160 & 14055.

Comment: the RSI is mixed with a bullish bias.

Our preference: LONG positions above 1540 with 1553 & 1560 as next targets.

Alternative scenario: The downside penetration of 1540 will call for a slide towards 1531 & 1519.

Comment: the RSI is mixed with a bullish bias.