Here are today’s directional views from the global research desks of Trading Central! These are starting points for your own research to identify opportunities that make sense for you. Like what you see? Subscribe to receive the full daily newsletter.
AUD/USD intraday: the downside prevails as long as 0.7354 is resistance
Our pivot point is at 0.7354.
The downside prevails as long as 0.7354 is resistance.
Above 0.7354, look for 0.7381 and 0.7396.
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.7342 and 0.7346).
Gold intraday: short term rebound towards 1741.00
1724.00 is our pivot point.
Short term rebound towards 1741.00.
Below 1724, expect 1717.50 and 1714.
The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Gold is trading under both its 20 and 50 period moving average (respectively at 1734.60 and 1739.10).
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