Metro Financial

Here are today’s directional views from the global research

desks ofTrading Central!

These are starting points for your own research to identify opportunities

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EUR/USD   Gold spot   Crude Oil (WTI)   GBP/USD   USD/JPY

AUD/USD   Dax (Eurex)  USD/CHF   Bitcoin / Dollar   EUR/JPY

 

EUR/USD Intraday: under pressure.
Pivot:
1.1005
Our preference:
short positions below 1.1005 with targets at 1.0885 & 1.0845 in extension.
Alternative scenario:
above 1.1005 look for further upside with 1.1040 & 1.1070 as targets.
Comment:
the RSI is mixed to bearish.
Gold spot Intraday: continuation of the rebound.
Pivot:
1585.00
Our preference:
long positions above 1585.00 with targets at 1604.00 & 1613.00 in extension.
Alternative scenario:
below 1585.00 look for further downside with 1578.00 & 1573.00 as targets.
Comment:
the RSI is bullish and calls for further upside.
Crude Oil (WTI)‎ (K0)‎ Intraday: the downside prevails.
Pivot:
20.80
Our preference:
short positions below 20.80 with targets at 19.25 & 18.50 in extension.
Alternative scenario:
above 20.80 look for further upside with 21.45 & 21.90 as targets.
Comment:
the RSI is bearish and calls for further downside.
GBP/USD Intraday: caution.
Pivot:
1.2400
Our preference:
short positions below 1.2400 with targets at 1.2330 & 1.2295 in extension.
Alternative scenario:
above 1.2400 look for further upside with 1.2440 & 1.2480 as targets.
Comment:
the RSI is mixed and calls for caution.
USD/JPY Intraday: key resistance at 108.10.
Pivot:
108.10
Our preference:
short positions below 108.10 with targets at 107.25 & 106.90 in extension.
Alternative scenario:
above 108.10 look for further upside with 108.70 & 109.05 as targets.
Comment:
the RSI is mixed to bearish.
AUD/USD Intraday: under pressure.
Pivot:
0.6115
Our preference:
short positions below 0.6115 with targets at 0.6050 & 0.6020 in extension.
Alternative scenario:
above 0.6115 look for further upside with 0.6160 & 0.6210 as targets.
Comment:
the RSI shows downside momentum.
Dax (Eurex)‎ (M0)‎ Intraday: watch 9411.00.
Pivot:
9810.00
Our preference:
short positions below 9810.00 with targets at 9411.00 & 9210.00 in extension.
Alternative scenario:
above 9810.00 look for further upside with 9920.00 & 10050.00 as targets.
Comment:
the RSI is bearish and calls for further decline.
USD/CHF Intraday: the upside prevails.
Pivot:
0.9595
Our preference:
long positions above 0.9595 with targets at 0.9685 & 0.9715 in extension.
Alternative scenario:
below 0.9595 look for further downside with 0.9570 & 0.9535 as targets.
Comment:
the RSI shows upside momentum.

Bitcoin / Dollar intraday: rebound towards 6791
Our pivot point is at 6083.
Our preference:
rebound towards 6791.
Alternative scenario:
the downside breakout of 6083 would call for 5820 and 5664.
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 6329 and 6403).