Fedtm
AUD/JPY intraday sell71.51 is our pivot point.
Our preference:
the downside prevails as long as 71.51 is resistance.
Alternative scenario:
the upside breakout of 71.51, would call for 71.80 and 71.98.
Comment:
the RSI is trading below 30. This could mean that either the pair is in a lasting downtrend or just oversold and that therefore a rebound could shape (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 71.88 and 72.14).
Gold spot Intraday sellPivot: 1649.50
Our preference:
short positions below 1649.50 with targets at 1634.50 & 1625.00 in extension.
Alternative scenario:
above 1649.50 look for further upside with 1660.00 & 1671.00 as targets.
Comment:
the RSI is mixed to bearish.
EUR/GBP intraday buyOur pivot point is at 0.8511.
Our preference:
as long as 0.8511 is support look for 0.8579.
Alternative scenario:
below 0.8511, expect 0.8487 and 0.8472.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 0.8529 and 0.8504).
EUR/AUD intraday buyOur pivot point stands at 1.6564.
Our preference:
the upside prevails as long as 1.6564 is support.
Alternative scenario:
the downside breakout of 1.6564 would call for 1.6515 and 1.6486.
Comment:
the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 1.6582 and 1.6534).
NZD/JPY intraday sellOur pivot point is at 69.75.
Our preference:
the downside prevails as long as 69.75 is resistance.
Alternative scenario:
the upside breakout of 69.75, would call for 70.04 and 70.21.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 69.56 and 69.62).
AUD/JPY intraday buyOur pivot point is at 72.01.
Our preference:
rebound towards 72.84.
Alternative scenario:
below 72.01, expect 71.72 and 71.54.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair is trading above its 20 MA (72.29) but under its 50 MA (72.47).
EUR/GBP intraday buyOur pivot point stands at 0.8417.
Our preference:
as long as 0.8417 is support look for 0.8484.
Alternative scenario:
below 0.8417, expect 0.8393 and 0.8379.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is above its 20 and 50 MAs (respectively at 0.8437 and 0.8414).
Gold spot Intraday BUYPivot: 1636.00
Our preference:
long positions above 1636.00 with targets at 1664.00 & 1671.00 in extension.
Alternative scenario:
below 1636.00 look for further downside with 1625.00 & 1613.00 as targets.
Comment:
the RSI is mixed with a bullish bias.
EUR/AUD intraday BUYOur pivot point is at 1.6446.
Our preference:
the upside prevails as long as 1.6446 is support.
Alternative scenario:
the downside breakout of 1.6446 would call for 1.6398 and 1.6369.
Comment:
the RSI is above 70. It could mean either that the pair is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 1.6461 and 1.6436).
NZD/JPY intraday BUYOur pivot point stands at 69.33.
Our preference:
rebound towards 70.15.
Alternative scenario:
below 69.33, expect 69.03 and 68.86.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 69.72 and 70.01).
EUR/GBP intraday BUYOur pivot point stands at 0.8342.
Our preference:
rebound.
Alternative scenario:
the downside breakout of 0.8342 would call for 0.8319 and 0.8304.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the pair stands above its 20 MA (0.8365) but below its 50 MA (0.8366).
AUD/JPY intraday sellOur pivot point stands at 73.19.
Our preference:
technical rebound towards 73.19 before a new drop.
Alternative scenario:
the upside breakout of 73.19, would call for 73.49 and 73.67.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair stands above its 20 MA (72.74) but below its 50 MA (72.88).
Gold sell intradayPivot: 1653.00
Our preference
short positions below 1653.00 with targets at 1632.00 & 1625.00 in extension.
Alternative scenario:
above 1653.00 look for further upside with 1663.00 & 1672.00 as targets.
Comment:
as long as 1653.00 is resistance, look for choppy price action with a bearish bias.
EUR/AUD intraday BUYOur pivot point is at 1.6386.
Our preference:
the upside prevails as long as 1.6386 supports.
Alternative scenario:
the downside breakout of 1.6386 would call for 1.6338 and 1.6310.
Comment:
the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 1.6413 and 1.6401).
NZD/JPY intraday BUYOur pivot point stands at 69.95.
Our preference:
rebound towards 70.71.
Alternative scenario:
the downside breakout of 69.95 would call for 69.68 and 69.52.
Comment:
the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 70.25 and 70.40).
Gold spot Intraday SELLPivot: 1663.00
Our preference:
short positions below 1663.00 with targets at 1646.00 & 1638.00 in extension.
Alternative scenario:
above 1663.00 look for further upside with 1672.00 & 1681.00 as targets.
Comment:
technically the RSI is below its neutrality area at 50.
EUR/GBP intraday BUYOur pivot point is at 0.8374.
Our preference:
as long as 0.8374 is support look for 0.8438.
Alternative scenario:
the downside breakout of 0.8374 would call for 0.8351 and 0.8337.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is below its 20 MA (0.8395) but above its 50 MA (0.8387).
AUD/JPY intraday BUYOur pivot point stands at 73.10.
Our preference:
the upside prevails as long as 73.10 is supported.
Alternative scenario:
below 73.10, expect 72.81 and 72.64.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 73.23 and 73.34).
AUD/NZD intraday BUYOur pivot point is at 1.0430.
Our preference:
rebound towards 1.0480.
Alternative scenario:
below 1.0430, expect 1.0410 and 1.0400.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair stands below its 20 and 50 MAs (respectively at 1.0447 and 1.0451).
EUR/GBP intraday SELLOur pivot point stands at 0.8389.
Our preference:
the downside prevails as long as 0.8389 is resistance.
Alternative scenario:
the upside breakout of 0.8389, would call for 0.8413 and 0.8427.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 0.8373 and 0.8376).
AUD/JPY intraday SELL74.22 is our pivot point.
Our preference:
the downside prevails as long as 74.22 is resistance.
Alternative scenario:
the upside breakout of 74.22, would call for 74.51 and 74.68.
Comment:
the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 74.08 and 74.12).
