【Gold】Gold Intraday: the bias remains bullish.

Our preference

Pivot level found at 3,750.00

Long positions above 3750.00 with targets at 3790.00 & 3810.00 in extension.

Alternative scenario

Below 3750.00 look for further downside with 3735.00 & 3710.00 as targets.

Comment

The RSI is below its neutrality area at 50% but reversing up.

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【WTI】Crude Oil (WTI) (X5) Intraday: intraday support around 63.05.

Our preference

Pivot level found at 63.05

Long positions above 63.05 with targets at 64.35 & 64.75 in extension.

Alternative scenario

Below 63.05 look for further downside with 62.40 & 61.65 as targets.

Comment

The next resistances are at 64.35 and then at 64.75.

【EURUSD】EUR/USD Intraday: consolidation.

Our preference

Pivot level found at 1.1785

Long positions above 1.1785 with targets at 1.1830 & 1.1850 in extension.

Alternative scenario

Below 1.1785 look for further downside with 1.1765 & 1.1745 as targets.

Comment

A support base at 1.1785 has formed and has allowed for a temporary stabilisation.

【GBPUSD】GBP/USD Intraday: bullish bias above 1.3490.

Our preference

Pivot level found at 1.3490

Long positions above 1.3490 with targets at 1.3540 & 1.3560 in extension.

Alternative scenario

Below 1.3490 look for further downside with 1.3470 & 1.3450 as targets.

Comment

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

【BTCUSD】Bitcoin / USD intraday: rebound

Our preference 

Pivot level found at 111,540

Rebound.

Alternative scenario

The downside breakout of 111540 would call for 110420 and 109740.

Comment

The RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (112120) but below its 50 period moving average (112536).