RE: CHARTS -T LINE TIPS5 Apr 2017 13:34
new source have not checked if any good DYOR
LCG - DAILY TECHNICAL ANALYSIS
Wednesday, April 05, 2017
EUR/USD
GBP/USD
USD/JPY
AUD/USD
GOLD SPOT
CRUDE OIL
Losses can exceed deposits
EUR/USD INTRADAY: THE UPSIDE PREVAILS. Next
Pivot: 1.0645
Our preference: long positions above 1.0645 with targets at 1.0700 & 1.0720 in extension.
Alternative scenario: below 1.0645 look for further downside with 1.0625 & 1.0600 as targets.
Comment: The pair has broken above the upper boundary of a bearish channel and remains on the upside.
GBP/USD INTRADAY: UNDER PRESSURE. Previous
Next
Pivot: 1.2465
Our preference: short positions below 1.2465 with targets at 1.2415 & 1.2395 in extension.
Alternative scenario: above 1.2465 look for further upside with 1.2495 & 1.2515 as targets.
Comment: The pair is shaping a triangle pattern.
USD/JPY INTRADAY: UNDER PRESSURE. Previous
Next
Pivot: 111.00
Our preference: short positions below 111.00 with targets at 110.25 & 110.05 in extension.
Alternative scenario: above 111.00 look for further upside with 111.25 & 111.50 as targets.
Comment: the RSI is mixed to bearish.
AUD/USD INTRADAY: KEY RESISTANCE AT 0.7585. Previous
Next
Pivot: 0.7585
Our preference: short positions below 0.7585 with targets at 0.7540 & 0.7510 in extension.
Alternative scenario: above 0.7585 look for further upside with 0.7605 & 0.7625 as targets.
Comment: the upward potential is likely to be limited by the resistance at 0.7585.
GOLD SPOT INTRADAY: THE DOWNSIDE PREVAILS. Previous
Next
Pivot: 1257.90
Our preference: short positions below 1257.90 with targets at 1253.30 & 1251.10 in extension.
Alternative scenario: above 1257.90 look for further upside with 1261.35 & 1263.50 as targets.
Comment: the RSI is bearish and calls for further decline.
CRUDE OIL (WTI) (K7) INTRADAY: THE UPSIDE PREVAILS. Previous
Top
Pivot: 50.70
Our preference: long positions above 50.70 with targets at 51.80 & 52.25 in extension.
Alternative scenario: below 50.70 look for further downside with 50.38 & 49.88 as targets.
Comment: the RSI is bullish and calls for further upside.
Losses can exceed deposits
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