【Gold】Gold Intraday: the bias remains bullish.

Our preference

Pivot level found at 3,925.00

Long positions above 3925.00 with targets at 4000.00 & 4020.00 in extension.

Alternative scenario

Below 3925.00 look for further downside with 3895.00 & 3865.00 as targets.

Comment

The RSI is above its neutrality area at 50%.

【WTI】Crude Oil (WTI) (X5) Intraday: intraday support around 61.10.

Our preference

Pivot level found at 61.10

Long positions above 61.10 with targets at 62.20 & 62.80 in extension.

Alternative scenario

Below 61.10 look for further downside with 60.65 & 60.40 as targets.

Comment

The RSI is around its neutrality area at 50%

【EURUSD】EUR/USD Intraday: the bias remains bullish.

Our preference

Pivot level found at 1.1680

Long positions above 1.1680 with targets at 1.1730 & 1.1750 in extension.

Alternative scenario

Below 1.1680 look for further downside with 1.1660 & 1.1640 as targets.

Comment

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

【GBPUSD】GBP/USD Intraday: bullish bias above 1.3445.

Our preference

Pivot level found at 1.3445

Long positions above 1.3445 with targets at 1.3505 & 1.3525 in extension.

Alternative scenario

Below 1.3445 look for further downside with 1.3420 & 1.3400 as targets.

Comment

Technically the RSI is above its neutrality area at 50.

【BTCUSD】Bitcoin / USD intraday: target 122280

Our preference 

Pivot level found at 125,790

Target 122280.

Alternative scenario

Above 125790, look for 127110 and 127900.

Comment

The RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (125157) but above its 50 period moving average (124582).