【Gold】Gold Intraday: key resistance at 3870.00.

Our preference

Pivot level found at 3,870.00

Short positions below 3870.00 with targets at 3840.00 & 3828.00 in extension.

Alternative scenario

Above 3870.00 look for further upside with 3895.00 & 3920.00 as targets.

Comment

The RSI has just struck against its neutrality area at 50%.

【WTI】Crude Oil (WTI) (X5) Intraday: under pressure.

Our preference

Pivot level found at 61.20

Short positions below 61.20 with targets at 60.15 & 59.70 in extension.

Alternative scenario

Above 61.20 look for further upside with 61.55 & 62.20 as targets.

Comment

The RSI is bearish and calls for further downside.

【EURUSD】EUR/USD Intraday: the downside prevails.

Our preference

Pivot level found at 1.1740

Short positions below 1.1740 with targets at 1.1700 & 1.1680 in extension.

Alternative scenario

Above 1.1740 look for further upside with 1.1760 & 1.1775 as targets.

Comment

The RSI lacks upward momentum.

【GBPUSD】GBP/USD Intraday: watch 1.3400.

Our preference

Pivot level found at 1.3460

Short positions below 1.3460 with targets at 1.3420 & 1.3400 in extension.

Alternative scenario

Above 1.3460 look for further upside with 1.3485 & 1.3510 as targets.

Comment

The RSI is bearish and calls for further decline.

【BTCUSD】Bitcoin / USD intraday: target 117680

Our preference 

Pivot level found at 120,970

Target 117680.

Alternative scenario

The upside breakout of 120970, would call for 122250 and 123000.

Comment

The RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (120325) but above its 50 period moving average (119489).