Continuation Of The Rebound
FxGrow | Nov 28, 2017 00:15
Pivot: 1.3305
Our preference: long positions above 1.3305 with targets at 1.3360 & 1.3375 in extension.
Alternative scenario: below 1.3305 look for further downside with 1.3280 & 1.3255 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.3390
1.3375
1.3360
1.3330 Last
1.3305
1.3280
1.3255
USD/JPY Intraday: consolidation.
Pivot: 111.70
Our preference: short positions below 111.70 with targets at 111.05 & 110.80 in extension.
Alternative scenario: above 111.70 look for further upside with 111.95 & 112.15 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
112.15
111.95
111.70
111.40 Last
111.05
110.80
110.65
EUR/USD Intraday: the bias remains bullish.
Pivot: 1.1895
Our preference: long positions above 1.1895 with targets at 1.1960 & 1.1990 in extension.
Alternative scenario: below 1.1895 look for further downside with 1.1855 & 1.1825 as targets.
Comment: the RSI is mixed to bullish.
Supports and resistances:
1.2020
1.1990
1.1960
1.1931 Last
1.1895
1.1855
1.1825
AUD/USD Intraday: continuation of the rebound.
Pivot: 0.7605
Our preference: long positions above 0.7605 with targets at 0.7640 & 0.7660 in extension.
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Alternative scenario: below 0.7605 look for further downside with 0.7590 & 0.7575 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
0.7675 **
0.7660 **
0.7640 ***
0.7630 Last
0.7605 ***
0.7590 ***
Gold spot Intraday: rebound.
Pivot: 1289.00
Our preference: long positions above 1289.00 with targets at 1297.00 & 1300.00 in extension.
Alternative scenario: below 1289.00 look for further downside with 1286.00 & 1283.00 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1304.00
1300.00
1297.00
1292.00 Last
1289.00
1286.00
1283.00
Crude Oil (WTI) (F8) Intraday: the upside prevails.
Pivot: 58.15
Our preference: long positions above 58.15 with targets at 59.40 & 60.00 in extension.
Alternative scenario: below 58.15 look for further downside with 57.80 & 57.30 as targets.
Comment: the RSI calls for a new upleg. The prices remain supported by a rising trend line, which should call for a new rise. A strong support at 58.15 should also limit any downward attempts.
Supports and resistances:
60.45
60.00
59.40
58.71 Last
58.15
57.80
57.30
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