EUR/USD GBP/USD USD/CHF USD/CAD CRUDE OIL GOLD DOWJONES S&P 500
Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out.

EUR/USD intraday: the upside prevails.

Pivot: 1.2975

Our preference: Long positions above 1.2975 with targets @ 1.303 & 1.306 in extension.

Alternative scenario: Below 1.2975 look for further downside with 1.295 & 1.2915 as targets.

Comment: the pair is facing a pull back on its support ahead of a rebound.

GBP/USD intraday: the bias remains bullish.

Pivot: 1.515

Our preference: Long positions above 1.515 with targets @ 1.524 & 1.526 in extension.

Alternative scenario: Below 1.515 look for further downside with 1.511 & 1.507 as targets.

Comment: the pair stands above its support and remains on the upside.

USD/CHF intraday: key ST resistance at 0.96.

Pivot: 0.96

Our preference: Short positions below 0.96 with targets @ 0.951 & 0.9465 in extension.

Alternative scenario: Above 0.96 look for further upside with 0.966 & 0.9705 as targets.

Comment: the pair stands below its resistance and remains under pressure.

USD/CAD intraday: continuation of the rebound.

Pivot: 1.0315

Our preference: Long positions above 1.0315 with targets @ 1.0385 & 1.04 in extension.

Alternative scenario: Below 1.0315 look for further downside with 1.0285 & 1.0265 as targets.

Comment: the break above 1.0315 is a positive signal that has opened a path to 1.0385.

Crude Oil (Jul 13) intraday: the bias remains bullish.

Pivot: 91.65

Our preference: LONG positions above 91.65 with 94.2 & 95.85 as next targets.

Alternative scenario: The downside penetration of 91.65 will call for a slide towards 90.35 & 89.65.

Comment: intraday support around 91.65

GOLD (Spot) intraday: bullish bias above 1397

Pivot: 1397.00

Our preference: LONG positions above 1397 with 1430 & 1445 as next targets.

Alternative scenario: The downside penetration of 1397 will call for 1388 & 1373.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Dow Jones (Jun 13) intraday: the downside prevails.

Pivot: 15410

Our preference: SHORT positions below 15410 with 15140 & 15075 as next targets.

Alternative scenario: The upside breakout of 15410 will open the way to 15520 & 15570.

Comment: the RSI broke below a rising trend line.

S&P 500 (Jun 13) intraday: the downside prevails.

Pivot: 1659

Our preference: SHORT positions below 1659 with 1633 & 1620 as next targets.

Alternative scenario: The upside penetration of 1659 will call for 1673 & 1679.

Comment: the RSI broke below a bullish trend line.

0 comments

You must be logged in to post a comment.

Testimonials - StockExchange.CO