EUR/USD Intraday: key resistance at 1.3645.
Pivot: 1.3645
Our preference: Short positions below 1.3645 with targets @ 1.3575 & 1.355 in extension.
Alternative scenario: Above 1.3645 look for further upside with 1.367 & 1.3685 as targets.
Comment: as long as 1.3645 is resistance, look for choppy price action with a bearish bias.


USD/JPY Intraday: the upside prevails.
Pivot: 104.05
Our preference: Long positions above 104.05 with targets @ 105.05 & 105.4 in extension.
Alternative scenario: Below 104.05 look for further downside with 103.8 & 103.5 as targets.
Comment: The pair remains on the upside and is approaching its next resistance.


GBP/USD Intraday: under pressure.
Pivot: 1.6435
Our preference: Short positions below 1.6435 with targets @ 1.629 & 1.6255 in extension.
Alternative scenario: Above 1.6435 look for further upside with 1.6465 & 1.6515 as targets.
Comment: as long as 1.6435 is resistance, look for choppy price action with a bearish bias.


Gold spot Intraday: key resistance at 1246.
Pivot: 1246
Our preference: Short positions below 1246 with targets @ 1227 & 1218 in extension.
Alternative scenario: Above 1246 look for further upside with 1255 & 1267 as targets.
Comment: as long as 1246 is resistance, look for choppy price action with a bearish bias.


http://www.fxprimus.co.uk
https://www.facebook.com/ForexSociety