Technical Snapshots for Today

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EUR/USD Intraday: capped by a negative trend line.

Pivot:
1.1310

Our preference:
short positions below 1.1310 with targets at 1.1275 & 1.1255 in extension.

Alternative scenario:
above 1.1310 look for further upside with 1.1330 & 1.1355 as targets.

Comment:
the RSI is mixed to bearish.

GBP/USD Intraday: capped by a negative trend line.

Pivot:
1.2615

Our preference:
short positions below 1.2615 with targets at 1.2560 & 1.2540 in extension.

Alternative scenario:
above 1.2615 look for further upside with 1.2640 & 1.2670 as targets.

Comment:
the RSI advocates for further downside.

AUD/USD Intraday: towards 0.7020.

Pivot:
0.6980

Our preference:
long positions above 0.6980 with targets at 0.7005 & 0.7020 in extension.

Alternative scenario:
below 0.6980 look for further downside with 0.6965 & 0.6955 as targets.

Comment:
the RSI calls for a new upleg.

Gold spot Intraday: expect 1436.00.

Pivot:
1415.00

Our preference:
long positions above 1415.00 with targets at 1436.00 & 1446.00 in extension.

Alternative scenario:
below 1415.00 look for further downside with 1406.00 & 1398.00 as targets.

Comment:
the RSI is bullish and calls for further upside.

Silver spot Intraday: expect 15.5400.

Pivot:
15.2300

Our preference:
long positions above 15.2300 with targets at 15.4600 & 15.5400 in extension.

Alternative scenario:
below 15.2300 look for further downside with 15.1800 & 15.1000 as targets.

Comment:
the RSI is mixed with a bullish bias.

Crude Oil (WTI)‎ (Q9)‎ Intraday: under pressure.

Pivot:
57.30

Our preference:
short positions below 57.30 with targets at 56.10 & 55.35 in extension.

Alternative scenario:
above 57.30 look for further upside with 57.85 & 58.55 as targets.

Comment:
the RSI calls for a new downleg. The declining 20-period moving average should push the prices lower.

Technical Snapshots

HYCM FOREX BROKER

FOREX CASHBACK FOR HYCM BROKER


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