Daily Technical Analysis Wed, Apr 12, 2017
* Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out.
EUR/USD Intraday: the bias remains bullish.
Pivot: 1.0570
Most Likely Scenario: long positions above 1.0570 with targets at 1.0630 & 1.0655 in extension.
Alternative scenario: below 1.0570 look for further downside with 1.0550 & 1.0520 as targets.
Comment: the RSI lacks downward momentum.
GBP/USD Intraday: the RSI is mixed to bullish.
Pivot: 1.2445
Most Likely Scenario: long positions above 1.2445 with targets at 1.2505 & 1.2525 in extension.
Alternative scenario: below 1.2445 look for further downside with 1.2425 & 1.2400 as targets.
Comment: the RSI is mixed to bullish.
USD/JPY Intraday: the RSI is mixed to bearish.
Pivot: 110.10
Most Likely Scenario: short positions below 110.10 with targets at 109.05 & 108.70 in extension.
Alternative scenario: above 110.10 look for further upside with 110.50 & 111.00 as targets.
Comment: the RSI is mixed to bearish.
AUD/USD Intraday: the RSI is mixed to bearish.
Pivot: 0.7515
Most Likely Scenario: short positions below 0.7515 with targets at 0.7470 & 0.7450 in extension.
Alternative scenario: above 0.7515 look for further upside with 0.7535 & 0.7555 as targets.
Comment: the RSI is mixed to bearish.
Gold spot Intraday: the RSI is mixed to bullish.
Pivot: 1268.50
Most Likely Scenario: long positions above 1268.50 with targets at 1280.00 & 1288.70 in extension.
Alternative scenario: below 1268.50 look for further downside with 1261.70 & 1257.50 as targets.
Comment: the RSI is mixed to bullish.
Pivot: 1.0570
Most Likely Scenario: long positions above 1.0570 with targets at 1.0630 & 1.0655 in extension.
Alternative scenario: below 1.0570 look for further downside with 1.0550 & 1.0520 as targets.
Comment: the RSI lacks downward momentum.
GBP/USD Intraday: the RSI is mixed to bullish.
Pivot: 1.2445
Most Likely Scenario: long positions above 1.2445 with targets at 1.2505 & 1.2525 in extension.
Alternative scenario: below 1.2445 look for further downside with 1.2425 & 1.2400 as targets.
Comment: the RSI is mixed to bullish.
USD/JPY Intraday: the RSI is mixed to bearish.
Pivot: 110.10
Most Likely Scenario: short positions below 110.10 with targets at 109.05 & 108.70 in extension.
Alternative scenario: above 110.10 look for further upside with 110.50 & 111.00 as targets.
Comment: the RSI is mixed to bearish.
AUD/USD Intraday: the RSI is mixed to bearish.
Pivot: 0.7515
Most Likely Scenario: short positions below 0.7515 with targets at 0.7470 & 0.7450 in extension.
Alternative scenario: above 0.7515 look for further upside with 0.7535 & 0.7555 as targets.
Comment: the RSI is mixed to bearish.
Gold spot Intraday: the RSI is mixed to bullish.
Pivot: 1268.50
Most Likely Scenario: long positions above 1268.50 with targets at 1280.00 & 1288.70 in extension.
Alternative scenario: below 1268.50 look for further downside with 1261.70 & 1257.50 as targets.
Comment: the RSI is mixed to bullish.
No comments:
Post a Comment