Trading Central--NOON MARKET UPDATE

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EUR/USD Intraday: turther advance.

Pivot:

1.0600

Our preference:

Long positions above 1.0600 with targets at 1.0645 & 1.0665 in extension.

Alternative scenario:

Below 1.0600 look for further downside with 1.0575 & 1.0555 as targets.

Comment:

The RSI advocates for further advance.

Trading Central--NOON MARKET UPDATE



GBP/USD Intraday: supported by a rising trend line.

Pivot:

1.2285

Our preference:

Long positions above 1.2285 with targets at 1.2335 & 1.2355 in extension.

Alternative scenario:

Below 1.2285 look for further downside with 1.2265 & 1.2240 as targets.

Comment:

Technically the RSI is above its neutrality area at 50.

Trading Central--NOON MARKET UPDATE



USD/JPY Intraday: the upside prevails.

Pivot:

148.85

Our preference:

Long positions above 148.85 with targets at 149.30 & 149.50 in extension.

Alternative scenario:

Below 148.85 look for further downside with 148.60 & 148.40 as targets.

Comment:

Technically the RSI is above its neutrality area at 50.

Trading Central--NOON MARKET UPDATE



Crude Oil (WTI)‎ (V3)‎ Intraday: aim @81.50.

Pivot:

84.00

Our preference:

Short positions below 84.00 with targets at 82.15 & 81.50 in extension.

Alternative scenario:

Above 84.00 look for further upside with 84.60 & 85.30 as targets.

Comment:

The RSI is bearish and calls for further downside.

Trading Central--NOON MARKET UPDATE



Gold Intraday:the upside prevails.

Pivot:

1867.00

Our preference:

Long positions above 1867.00 with targets at 1885.00 & 1891.00 in extension.

Alternative scenario:

Below 1867.00 look for further downside with 1862.00 & 1858.00 as targets.

Comment:

The RSI is bullish and calls for further advance.

Trading Central--NOON MARKET UPDATE


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