Fx Majors Intraday Technical Overview - Monday

Published on Monday, 11 June 2018 07:10 ,by  FxGrow Investment Research Desk
EUR/USD Intraday: the upside prevails.

 
 Pivot: 1.1760
 
Our preference: long positions above 1.1760 with targets at 1.1810 & 1.1840 in extension.
 
Alternative scenario: below 1.1760 look for further downside with 1.1735 & 1.1710 as targets.
 
Comment: the RSI shows upside momentum.
 
Supports and resistances:
1.1860
1.1840
1.1810
1.1795 Last seen
1.1760
1.1735
1.1710
 
GBP/USD Intraday: the upside prevails.

 
 Pivot: 1.3380
 
Our preference: long positions above 1.3380 with targets at 1.3440 & 1.3470 in extension.
 
Alternative scenario: below 1.3380 look for further downside with 1.3355 & 1.3330 as targets.
 
Comment: the RSI is mixed to bullish.
 
Supports and resistances:
1.3495
1.3470
1.3440
1.3409 Last seen
1.3380
1.3355
1.3330
 
USD/JPY Intraday: further advance.

 
 Pivot: 109.35
 
Our preference: long positions above 109.35 with targets at 110.05 & 110.25 in extension.
 
Alternative scenario: below 109.35 look for further downside with 109.15 & 108.90 as targets.
 
Comment: the RSI shows upside momentum.
 
Supports and resistances:
110.40
110.25
110.05
109.75 Last seen
109.35
109.15
108.90
 
USD/CAD Intraday: consolidation.

 
 Pivot: 1.2990
 
Our preference: short positions below 1.2990 with targets at 1.2920 & 1.2890 in extension.
 
Alternative scenario: above 1.2990 look for further upside with 1.3030 & 1.3065 as targets.
 
Comment: the upward potential is likely to be limited by the resistance at 1.2990.
 
Supports and resistances:
1.3065
1.3030
1.2990
1.2965 Last seen
1.2920
1.2890
1.2855
 
NZD/USD Intraday: the bias remains bullish.

 
 Pivot: 0.7020
 
Our preference: long positions above 0.7020 with targets at 0.7055 & 0.7070 in extension.
 
Alternative scenario: below 0.7020 look for further downside with 0.7005 & 0.6995 as targets.
 
Comment: the RSI is mixed to bullish.
 
Supports and resistances:
0.7085
0.7070
0.7055
0.7037 Last
0.7020
0.7005
0.6995
 
AUD/USD Intraday: the upside prevails.

 
 Pivot: 0.7580
 
Our preference: long @ 0.7604 with targets @ 0.7630 & 0.7645 in extension.
 
Alternative scenario: below 0.7580 look for further downside with 0.7560 & 0.7540 as targets.
 
Comment: the RSI shows upside momentum.
 
Supports and resistances:
0.7660
0.7645
0.7630
0.7604 Last seen
0.7580
0.7560
0.7540
 
Gold spot Intraday: bullish bias above 1293.00.
 
 Pivot: 1293.00
 
Our preference: long positions above 1293.00 with targets at 1303.25 & 1306.75 in extension.
 
Alternative scenario: below 1293.00 look for further downside with 1290.00 & 1287.50 as targets.
 
Comment: the RSI is mixed with a bullish bias.
 
Supports and resistances:
1310.00
1306.75
1303.25
1298.10 Last
1293.00
1290.00
1287.50
 
Crude Oil(WTI) (N18) Intraday: the downside prevails.

 
 Pivot: 66.25
 
Our preference: short positions below 66.25 with targets at 65.15 & 64.80 in extension.
 
Alternative scenario: above 66.25 look for further upside with 66.65 & 67.30 as targets.
 
Comment: the RSI is mixed to bearish. The 20-period moving average has turned down and crossed below the 50-period one.
 
Supports and resistances:
67.30
66.65
66.25
65.55 Last seen
65.15
64.80
64.50

 

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