【Gold】Gold Intraday: bullish bias above 3834.00.

Our preference

Pivot level found at 3,834.00

Long positions above 3834.00 with targets at 3870.00 & 3890.00 in extension.

Alternative scenario

Below 3834.00 look for further downside with 3819.00 & 3800.00 as targets.

Comment

The next resistances are at 3870.00 and then at 3890.00.

【WTI】Crude Oil (WTI) (X5) Intraday: the downside prevails.

Our preference

Pivot level found at 63.00

Short positions below 63.00 with targets at 61.65 & 61.05 in extension.

Alternative scenario

Above 63.00 look for further upside with 63.60 & 64.10 as targets.

Comment

The RSI is below its neutrality area at 50%

【EURUSD】EUR/USD Intraday: key resistance at 1.1760.

Our preference

Pivot level found at 1.1760

Short positions below 1.1760 with targets at 1.1710 & 1.1690 in extension.

Alternative scenario

Above 1.1760 look for further upside with 1.1780 & 1.1800 as targets.

Comment

As long as 1.1760 is resistance, look for choppy price action with a bearish bias.

【GBPUSD】GBP/USD Intraday: under pressure.

Our preference

Pivot level found at 1.3470

Short positions below 1.3470 with targets at 1.3415 & 1.3395 in extension.

Alternative scenario

Above 1.3470 look for further upside with 1.3490 & 1.3510 as targets.

Comment

The RSI shows downside momentum.

【BTCUSD】Bitcoin / USD intraday: the upside prevails as long as 113600 is support

Our preference 

Pivot level found at 113,600

The upside prevails as long as 113600 is support.

Alternative scenario

The downside breakout of 113600 would call for 112390 and 111660.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 114013 and 113773).