EUR/USD Intraday: under pressure.
| Pivot: 1.0635 Our preference: short positions below 1.0635 with targets at 1.0570 & 1.0535 in extension. Alternative scenario: above 1.0635 look for further upside with 1.0680 & 1.0710 as targets. Comment: the RSI broke below a bullish trend line. |
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| Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced |
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| Pivot: 114.13 Our preference: long positions above 114.13 with targets at 114.75 & 115.00 in extension. Alternative scenario: below 114.13 look for further downside with 113.85 & 113.66 as targets. Comment: the RSI is mixed to bullish. |
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| Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced | ||
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| Pivot: 1.2605 Our preference: short positions below 1.2605 with targets at 1.2545 & 1.2510 in extension. Alternative scenario: above 1.2605 look for further upside with 1.2655 & 1.2700 as targets. Comment: the upward potential is likely to be limited by the resistance at 1.2605. |
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| Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced | ||
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| Pivot: 1173.50 Our preference: short positions below 1173.50 with targets at 1162.00 & 1157.00 in extension. Alternative scenario: above 1173.50 look for further upside with 1180.00 & 1188.00 as targets. Comment: technically the RSI is below its neutrality area at 50. |
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| Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced | ||
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| Pivot: 17.0300 Our preference: short positions below 17.0300 with targets at 16.8200 & 16.7300 in extension. Alternative scenario: above 17.0300 look for further upside with 17.1100 & 17.2300 as targets. Comment: the RSI is below its neutrality area at 50% |
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| Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced | ||
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| Pivot: 50.25 Our preference: long positions above 50.25 with targets at 51.90 & 52.43 in extension. Alternative scenario: below 50.25 look for further downside with 49.60 & 49.00 as targets. Comment: the RSI is above its neutrality area at 50%. |
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| Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced | ||
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| Pivot: 10900.00 Our preference: long positions above 10900.00 with targets at 11130.00 & 11230.00 in extension. Alternative scenario: below 10900.00 look for further downside with 10815.00 & 10740.00 as targets. Comment: the RSI is bullish and calls for further advance. |
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| Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced | ||
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| Pivot: 19425.00 Our preference: long positions above 19425.00 with targets at 19630.00 & 19750.00 in extension. Alternative scenario: below 19425.00 look for further downside with 19290.00 & 19205.00 as targets. Comment: the RSI lacks downward momentum. |
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| Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced |
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