EURUSD INTRADAY BIAS: Key Resistance at 1.1285.
Scenario A: Short Positions Below 1.1285 With Targets at 1.1230 & 1.1200 in Extension.
Scenario B: Above 1.1285Look For Further Upside With 1.1330 & 1.1370 as Targets.
Pivot: 1.1285 Observation: The Upward Potential is Likely to Be Limited By The Resistance at 1.1285.
USDJPY INTRADAY BIAS: The Downside Prevails.
Scenario A: Short Positions Below 110.35 With Targets at 109.45 & 109.00 in Extension..
Scenario B: Above 110.35 Look For Further Upside With 110.80 & 111.00 as Targets.
Pivot: 110.35 Observation: The RSI Has Broken Down Its 30 level.
GBPUSD INTRADAY BIAS: the bias remains bullish.
Scenario A: Long Positions Above 1.2875 With Targets at 1.2965 & 1.2995 in Extension.
Scenario B: Below 1.2875 Look For Further Downside With 1.2850 & 1.2830 as Targets.
Pivot: 1.2905 Observation: A Break Below 1.2850 Would Trigger a Drop Towards 1.2830.
GOLD SPOT INTRADAY BIAS: The Upside Prevails.
Scenario A: Long Positions Above 1283.00 With Targets at 1293.00 & 1297.00 in Extension.
Scenario B: Below 1283.00 Look For Further Downside With 1277.50 & 1273.50 as Targets.
Pivot: 1283.00 Observation: The RSI is Bullish And Calls For Further Upside.
CRUDE INTRADAY BIAS: The Downside Prevails.
Scenario A: Short Positions Below 47.70 With Targets at 46.75 & 46.50 in Extension.
Scenario B: Above 47.70 Look For Further Upside With 48.10 & 48.40 as Targets.
Pivot: 47.70 Observation: The RSI is Bearish And Calls For Further Decline.
DOW JONES INTRADAY BIAS: Limited Upside
Scenario A: Long Positions Above 21125.00 With Targets at 21220.00 & 21265.00 in Extension.
Scenario B: Below 21125.00 Look For Further Downside With 21090.00 & 21055.00 as Targets.
Pivot: 21125.00 Observation: The RSI is Mixed And Calls For Caution.
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