HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF

Crude Oil (WTI) (Q5) Intraday: the downside prevails.


Pivot: 59.3

Our preference: Short positions below 59.3 with targets @ 57.6 & 56.85 in extension.

Alternative scenario: Above 59.3 look for further upside with 60 & 60.5 as targets.

Comment: As long as the resistance at 59.3 is not surpassed, the risk of the break below 57.6 remains high.


Opinion published is an intraday view.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced




Gold spot Intraday: bullish bias above 1175.


Pivot: 1175

Our preference: Long positions above 1175 with targets @ 1184 & 1188 in extension.

Alternative scenario: Below 1175 look for further downside with 1169 & 1162.5 as targets.

Comment: A support base at 1175 has formed and has allowed for a temporary stabilisation.


Opinion published is an intraday view.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced




EUR/USD Intraday: the bias remains bullish.


Pivot: 1.113

Our preference: Long positions above 1.113 with targets @ 1.128 & 1.135 in extension.

Alternative scenario: Below 1.113 look for further downside with 1.106 & 1.097 as targets.

Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.


Opinion published is an intraday view.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced




GBP/USD Intraday: bullish bias above 1.571.


Pivot: 1.571

Our preference: Long positions above 1.571 with targets @ 1.576 & 1.579 in extension.

Alternative scenario: Below 1.571 look for further downside with 1.568 & 1.566 as targets.

Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.


Opinion published is an intraday view.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced




USD/CAD Intraday: the upside prevails.


Pivot: 1.238

Our preference: Long positions above 1.238 with targets @ 1.245 & 1.2475 in extension.

Alternative scenario: Below 1.238 look for further downside with 1.236 & 1.233 as targets.

Comment: The RSI lacks downward momentum.


Opinion published is an intraday view.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced




USD/JPY Intraday: capped by a negative trend line.


Pivot: 122.7

Our preference: Short positions below 122.7 with targets @ 122.1 & 121.7 in extension.

Alternative scenario: Above 122.7 look for further upside with 123.2 & 124 as targets.

Comment: As long as 122.7 is resistance, likely decline to 122.1.


Opinion published is an intraday view.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced




AUD/USD Intraday: bullish bias above 0.765.


Pivot: 0.765

Our preference: Long positions above 0.765 with targets @ 0.7705 & 0.773 in extension.

Alternative scenario: Below 0.765 look for further downside with 0.763 & 0.761 as targets.

Comment: Intraday technical indicators are mixed and call for caution.


Opinion published is an intraday view.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced




USD/CHF Intraday: key resistance at 0.933.


Pivot: 0.933

Our preference: Short positions below 0.933 with targets @ 0.924 & 0.9205 in extension.

Alternative scenario: Above 0.933 look for further upside with 0.937 & 0.94 as targets.

Comment: Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.


Opinion published is an intraday view.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

The post HEFFX Daily FX Alerts $Oil, $GC_F, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF appeared first on Live Trading News.