EUR/USD intraday: bullish bias above 1.269.
| Pivot: 1.269 Most Likely Scenario: Long positions above 1.269 with targets @ 1.2765 & 1.2795 in extension. Alternative scenario: Below 1.269 look for further downside with 1.266 & 1.2625 as targets. Comment: the pair is challenging a key declining trend line. |
[590x400] |
| GBP/USD intraday: rebound expected. |
| Pivot: 1.535 Most Likely Scenario: Long positions above 1.535 with targets @ 1.543 & 1.5475 in extension. Alternative scenario: Below 1.535 look for further downside with 1.5295 & 1.523 as targets. Comment: the RSI has just landed on a support around 30% and is reversing up. |
[590x400] |
| USD/JPY intraday: rebound expected. |
| Pivot: 83.5 Most Likely Scenario: Long positions above 83.5 with targets @ 84 & 84.3 in extension. Alternative scenario: Below 83.5 look for further downside with 83.35 & 83 as targets. Comment: the RSI is within an intraday bullish channel. |
[590x400] |
| AUD/USD intraday: the upside prevails. |
| Pivot: 0.921 Most Likely Scenario: Long positions above 0.921 with targets @ 0.928 & 0.932 in extension. Alternative scenario: Below 0.921 look for further downside with 0.9175 & 0.912 as targets. Comment: the RSI is bullish and calls for further advance. |
[590x400] |
| GOLD (Spot) intraday: further advance. |
| Pivot: 1240.00 Most Likely Scenario: LONG positions above 1240 with targets @ 1265 & 1275. Alternative scenario: The downside breakout of 1240 will open the way to 1230 & 1217. Comment: the RSI lacks downward momentum. Trend: ST Ltd upside; MT Bullish |
[590x400] |
| Crude Oil (Oct 10) intraday: further upside. |
| Pivot: 73.95 Most Likely Scenario: LONG positions above 73.95 with 75.6 & 76.5 in sight. Alternative scenario: The downside penetration of 73.95 will call for a slide towards 72.5 & 71.5. Comment: a bullish continuation pattern is taking shape. Trend: ST Range; MT Range |