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EURGBP DAILY SHORT ANALYSES โ๏ธ
Intraday: under pressure.
EUR/GBP may fall 15-35 pips
โซOUR PREFERENCE
Short positions below 0.8790 with targets at 0.8750 & 0.8730 in extension.
0.88200 Resistance ***
0.88050 Resistance ..
0.87900 Resistance.
0.87650 Last
0.87900 Pivot
0.87500 Supportโซ
0.87300 Support
0.87150 Support ...
โซCOMMENT
The RSI has broken down its 30 level.
โซALTERNATIVE SCENARIO
Above 0.8790 look for further upside with 0.8805 & 0.8820 as targets.
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WTi OIL DAILY SHORT ANALYSES โ๏ธ
(M3) Intraday: bullish bias above 75.40.
USOIL may rise 0.99 1.59 USD
โซOUR PREFERENCE
Long positions above 75.40 with targets at 77.20 & 77.80 in extension.
78.3500 Resistance ...
77.8000 Resistance..
77.2000 Resistance.
76.2100 Last
75.4000 Pivot
75.4000 Support.
74.6000 Support
73.9000 Support ***
โซCOMMENT
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
โซALTERNATIVE SCENARIO
Below 75.40 look for further downside with 74.60 & 73.90 as targets.
FOR ANY QUERY CONTACT : @Technicalanalysis10
GBPUSD DAILY SHORT ANALYSES โ๏ธ
Intraday: the bias remains bullish.
GBP/USD may rise 21 - 41 pips
โซOUR PREFERENCE
Long positions above 1.2530 with targets at 1.2580 & 1.2600 in extension.
1.26200 Resistance...
1.26000 Resistance..
1.25800 Resistance.
1.25590 Last
1.25300 Pivot
1.25300 Supportโซ
1.25100 Support
1.24900 Support
โซCOMMENT
Technically the RSI is above its neutrality area at 50.
โซALTERNATIVE SCENARIO
Below 1.2530 look for further downside with 1.2510 & 1.2490 as targets.
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GOLD DAILY SHORT ANALYSES โ๏ธ
Intraday: intraday support around 1981.00.
XAU/USD may rise 10.81 18.81 USD
โซOUR PREFERENCE
Long positions above 1981.00 with targets at 1995.00 & 2003.00 in extension.
2009.00 Resistance ...
2003.00 Resistance ..
1995.00 Resistance.
1984.19 Last
1981.00 Pivot
1981.00 Supportโซ
1973.00 Support
1967.00 Support ...
โซCOMMENT
The RSI is mixed and calls for caution.
โซALTERNATIVE SCENARIO
Below 1981.00 look for further downside with 1973.00 & 1967.00 as targets.
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BTCUSD DAILY SHORT ANALYSES โ๏ธ
Bitcoin / Dollar intraday: the RSI is oversold
BTC may fall 754.00 1,084.00 USD
โซOUR PREFERENCE
The downside prevails as long as 28970 is resistance.
29840.0 Resistance ***
29520.0 Resistance ..
28970.0 Resistance.
28534.0 Last
28970.0 Pivot
27780.0 Supportโซ
27450.0 Support
27120.0 Support ...
โซCOMMENT
The RSI is below 30. It could either mean that the price is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 29358 and 29319). Finally, the Bitcoin / Dollar is trading below its lower Bollinger band (standing at 28705).
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EURUSD DAILY SHORT ANALYSES โ๏ธ
Intraday: the bias remains bullish.
EUR/USD may rise 18-43 pips
โซOUR PREFERENCE
Long positions above 1.1030 with targets at 1.1070 & 1.1095 in extension.
1.11200 Resistance ...
1.10950 Resistance ..
1.10700 Resistance โซ
1.10520 Last
1.10300 Pivot
1.10300 Supportโซ
1.10150 Support
1.09900 Support
โซCOMMENT
The RSI shows upside momentum.
โซALTERNATIVE SCENARIO
Below 1.1030 look for further downside with 1.1015 & 1.0990 as targets.
FOR ANY QUERY CONTACT : @Technicalanalysis10
GBPUSD DAILY SHORT ANALYSES โ๏ธ
Intraday: the upside prevails.
GBP/USD may rise 19 - 44 pips
โซOUR PREFERENCE
Long positions above 1.2450 with targets at 1.2490 & 1.2515 in extension.
1.25400 Resistance ...
1.25150 Resistance..
1.24900 Resistance.
1.24710 Last
1.24500 Pivot
1.24500 Support.
1.24200 Support
1.24000 Support ...
โซCOMMENT
The RSI shows upside momentum.
โซALTERNATIVE SCENARIO
Below 1.2450 look for further downside with 1.2420 & 1.2400 as targets.
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