Technical Snapshot

See All Posts In This Category

Mar 18, 2019 – Monday

EUR/USD Intraday: The Bias Remains Bullish

Pivot: 1.1315
Our Preference: Long positions above 1.1315 with targets at 1.1345 & 1.1360 in extension
Alternative Scenario: Below 1.1315 look for further downside with 1.1300 & 1.1275 as targets
Comment: The RSI shows upside momentum


GBP/USD Intraday: Intraday Support Around 1.3260

Pivot: 1.3260
Our Preference: Long positions above 1.3260 with targets at 1.3330 & 1.3380 in extension
Alternative Scenario: Below 1.3260 look for further downside with 1.3230 & 1.3200 as targets
Comment: The RSI lacks downward momentum


AUD/USD Intraday: The Bias Remains Bullish

Pivot: 0.7090
Our Preference: Long positions above 0.7090 with targets at 0.7130 & 0.7145 in extension
Alternative Scenario: Below 0.7090 look for further downside with 0.7070 & 0.7055 as targets
Comment: The RSI shows upside momentum


GOLD Intraday: Watch 1292.50

Pivot: 1304.00
Our Preference: Short positions below 1304.00 with targets at 1297.00 & 1292.50 in extension
Alternative Scenario: Above 1304.00 look for further upside with 1308.00 & 1311.00 as targets
Comment: A break below 1297.00 would trigger a drop towards 1292.50


CRUDE OIL Intraday: Expect 57.75

Pivot: 58.65
Our Preference: Short positions below 58.65 with targets at 58.05 & 57.75 in extension
Alternative Scenario: Above 58.65 look for further upside with 58.95 & 59.20 as targets
Comment: The RSI calls for a drop

Share it on Social Media

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

Leave a Reply

Your email address will not be published. Required fields are marked *