Dear Customers,
Daily Technical Analysis Fri, Sep 08, 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: further advance.
Pivot: 1.1985
Most Likely Scenario: long positions above 1.1985 with targets at 1.2100 & 1.2135 in extension.
Alternative scenario: below 1.1985 look for further downside with 1.1950 & 1.1910 as targets.
Comment: the RSI is bullish and calls for further upside.
#GBP/USD Intraday: the RSI is bullish and calls for further advance.
Pivot: 1.3060
Most Likely Scenario: long positions above 1.3060 with targets at 1.3145 & 1.3170 in extension.
Alternative scenario: below 1.3060 look for further downside with 1.3030 & 1.3000 as targets.
Comment: the RSI is bullish and calls for further advance.
#USD/JPY Intraday: the RSI shows downside momentum.
Pivot: 108.80
Most Likely Scenario: short positions below 108.80 with targets at 107.55 & 107.00 in extension.
Alternative scenario: above 108.80 look for further upside with 109.40 & 109.80 as targets.
Comment: the RSI shows downside momentum.
#AUD/USD Intraday: the RSI is bullish and calls for further advance.
Pivot: 0.8040
Most Likely Scenario: long positions above 0.8040 with targets at 0.8140 & 0.8175 in extension.
Alternative scenario: below 0.8040 look for further downside with 0.8015 & 0.7980 as targets.
Comment: the RSI is bullish and calls for further advance.
#Gold spot Intraday: the RSI is supported by a rising trend line.
Pivot: 1342.00
Most Likely Scenario: long positions above 1342.00 with targets at 1362.00 & 1368.00 in extension.
Alternative scenario: below 1342.00 look for further downside with 1332.50 & 1326.00 as targets.
Comment: the RSI is supported by a rising trend line.
Pivot: 1.1985
Most Likely Scenario: long positions above 1.1985 with targets at 1.2100 & 1.2135 in extension.
Alternative scenario: below 1.1985 look for further downside with 1.1950 & 1.1910 as targets.
Comment: the RSI is bullish and calls for further upside.
#GBP/USD Intraday: the RSI is bullish and calls for further advance.
Pivot: 1.3060
Most Likely Scenario: long positions above 1.3060 with targets at 1.3145 & 1.3170 in extension.
Alternative scenario: below 1.3060 look for further downside with 1.3030 & 1.3000 as targets.
Comment: the RSI is bullish and calls for further advance.
#USD/JPY Intraday: the RSI shows downside momentum.
Pivot: 108.80
Most Likely Scenario: short positions below 108.80 with targets at 107.55 & 107.00 in extension.
Alternative scenario: above 108.80 look for further upside with 109.40 & 109.80 as targets.
Comment: the RSI shows downside momentum.
#AUD/USD Intraday: the RSI is bullish and calls for further advance.
Pivot: 0.8040
Most Likely Scenario: long positions above 0.8040 with targets at 0.8140 & 0.8175 in extension.
Alternative scenario: below 0.8040 look for further downside with 0.8015 & 0.7980 as targets.
Comment: the RSI is bullish and calls for further advance.
#Gold spot Intraday: the RSI is supported by a rising trend line.
Pivot: 1342.00
Most Likely Scenario: long positions above 1342.00 with targets at 1362.00 & 1368.00 in extension.
Alternative scenario: below 1342.00 look for further downside with 1332.50 & 1326.00 as targets.
Comment: the RSI is supported by a rising trend line.
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