|Pivot: 1.2690. |
Most Likely Scenario: SHORT positions @ 1.268 with 1.2615 & 1.2555 in sight.
Alternative scenario: The upside penetration of 1.269 will call for a rebound towards 1.273 & 1.279.
Comment: the pair is capped by a declining trend line and is challenging its support.
|AUD/USD intraday: capped by a negative trend line.|
|Pivot: 0.895 |
Most Likely Scenario: Short positions below 0.895 with targets @ 0.886 & 0.884 in extension.
Alternative scenario: Above 0.895 look for further upside with 0.8975 & 0.9 as targets.
Comment: the upward potential is likely to be limited by the resistance at 0.895.
|GOLD (Spot) intraday: up turn.|
|Pivot: 1217.50 |
Most Likely Scenario: LONG positions above 1217.5 with targets @ 1229 & 1241.
Alternative scenario: The downside penetration of 1217.5 will call for a slide towards 1212 & 1205.
Comment: the price is challenging its channel support. The RSI calls for a bounce.
Trend: ST Ltd upside; MT Bullish
Crude Oil (Oct 10) intraday: under pressure.
|Pivot: 73.50 |
Most Likely Scenario: SHORT positions below 73.5 with 72 & 71 as next targets.
Alternative scenario: The upside breakout of 73.5 will open the way to 74.5 & 75.
Comment: the contract remains under pressure challenging its bearish channel support.
Trend: ST Bearish; MT Range