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Analys från ForexYard

GOLD (Spot) intraday: towards 1441

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GOLD (Spot) intraday: towards 1441

Pivot: 1488.00

Our preference: SHORT positions below 1488 with 1441 1423 as next targets.

Alternative scenario: The upside penetration of 1488 will call for 1507 1540.

Comment: the 50 moving average is turning down and the RSI is capped by a bearish trend line. A consolidation seems more likely, as long as 1488 is resistance.

Trend: ST Bearish; MT Bearish

Key levels Comment

1540** Intraday resistance

1507** Fib retracement (61.8%)

1488*** Intraday pivot point

1460.9 Last

1441*** Previous low

1423** Fib retracement (38.2%)

1404** Fib retracement (50%)

Copyright 1999 – 2013 TRADING CENTRAL

Analys från ForexYard

USD/JPY ST: rebound.

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USD/JPY ST: rebound.

Pivot: 116

Our preference: long positions above 116 with targets @ 123.8 126 in extension.

Alternative scenario: below 116 look for further downside with 113.85 110 as targets.

Comment: the RSI is well directed.

Supports and resistances:

127.7 **

126 ***

123.8 ***

121.628 Last

116 ***

113.85 ***

110 **

Copyright 1999 – 2016 TRADING CENTRAL

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Analys från ForexYard

Crude Oil (WTI) (H6) Intraday: further upside.

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Crude Oil (WTI) (H6) Intraday: further upside.

Pivot: 32.8

Our preference: long positions above 32.8 with targets @ 34.84 35.9 in extension.

Alternative scenario: below 32.8 look for further downside with 31.7 30.6 as targets.

Comment: the break above 32.8 is a positive signal that has opened a path to 34.84.

Supports and resistances:

36.7

35.9

34.84

33.58 Last

32.8

31.7

30.6

Copyright 1999 – 2016 TRADING CENTRAL

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Analys från ForexYard

Crude Oil (WTI) (H6) ST: caution.

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Crude Oil (WTI) (H6) ST: caution.

Pivot: 35

Our preference: short positions below 35 with targets @ 26 23.3 in extension.

Alternative scenario: above 35 look for further upside with 38.5 43.5 as targets.

Comment: investors have to remain cautious since these levels may trigger profit taking.

Supports and resistances:

43.5 **

38.5 **

35 ***

33.82 Last

26 ***

23.3 **

20 **

Copyright 1999 – 2016 TRADING CENTRAL

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