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Gold bulls reign supreme after conquering $2000 level
The Gold market was in an undisputed uptrend trend on the D1 time frame until a lower top formed at ...
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NZD/USD intraday: the downside prevails as long as 0.6337 is resistance
The configuration is negative.
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USD/SGD intraday: our next up target stands at 1.3313
Alternative scenario: the downside breakout of 1.3234 would call for 1.3206 and 1.3189.
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EUR/GBP intraday: the upside prevails as long as 0.8755 is support
The configuration is positive.
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EUR/JPY intraday: rebound towards 145.45
Alternative scenario: the downside breakout of 143.38 would call for 142.67 and 142.25.
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AUD/JPY intraday: the RSI is oversold
Alternative scenario: the upside breakout of 88.35 would call for 88.75 and 88.99.
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EUR/NZD intraday: the upside prevails as long as 1.7296 is support
The configuration is positive.
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USD/CHF Intraday: under pressure.
Short positions below 0.9090 with targets at 0.9030 & 0.9000 in extension.
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USD/JPY Intraday: under pressure.
Short positions below 131.85 with targets at 131.20 & 130.90 in extension.
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GBP/USD Intraday: bullish bias above 1.2465.
Long positions above 1.2465 with targets at 1.2525 & 1.2550 in extension.
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EUR/GBP intraday: as long as 0.8754 is support look for 0.8812
Alternative scenario: the downside breakout of 0.8754 would call for 0.8732 and 0.8719.