eToro Daily Markets Review Pre - EU Thursday, July 28, 2016

eToro Daily Markets Review Pre - EU Thursday, July 28, 2016 EUR/USD     USD/JPY     USD/CHF     GBP/USD     EUR/AUD     GOLD     DAX     DOW JONES Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. The information below is provided by Trading Central and must not be taken as any investment advice or an investment recommendation, or solicitation for any transactions.

EUR/USD Intraday: further upside. Pivot: 1.1030 Most Likely Scenario: long positions above 1.1030 with targets @ 1.1105 & 1.1125 in extension. Alternative scenario: below 1.1030 look for further downside with 1.1005 & 1.0975 as targets. Comment: the RSI is bullish and calls for further upside. Trade with eToro – Click Here Trading bears risk to your capital USD/JPY Intraday: the downside prevails. Pivot: 105.45 Most Likely Scenario: short positions below 105.45 with targets @ 104.50 & 103.95 in extension. Alternative scenario: above 105.45 look for further upside with 105.90 & 106.50 as targets. Comment: a break below 104.50 would trigger a drop towards 103.95. Trade with eToro – Click Here Trading bears risk to your capital USD/CHF Intraday: the downside prevails. Pivot: 0.9895 Most Likely Scenario: short positions below 0.9895 with targets @ 0.9840 & 0.9810 in extension. Alternative scenario: above 0.9895 look for further upside with 0.9920 & 0.9945 as targets. Comment: a break below 0.9840 would trigger a drop towards 0.9810. Trade with eToro – Click Here Trading bears risk to your capital GBP/USD Intraday: the bias remains bullish. Pivot: 1.3140 Most Likely Scenario: long positions above 1.3140 with targets @ 1.3245 & 1.3280 in extension. Alternative scenario: below 1.3140 look for further downside with 1.3100 & 1.3075 as targets. Comment: the RSI is mixed to bullish. Trade with eToro – Click Here Trading bears risk to your capital EUR/AUD Intraday: the bias remains bullish. Pivot: 1.4670 Most Likely Scenario: long positions above 1.4670 with targets @ 1.4780 & 1.4800 in extension. Alternative scenario: below 1.4670 look for further downside with 1.4645 & 1.4580 as targets. Comment: a support base at 1.4670 has formed and has allowed for a temporary stabilisation. Trade with eToro – Click Here Trading bears risk to your capital Gold spot Intraday: rebound. Pivot: 1329.50 Most Likely Scenario: long positions above 1329.50 with targets @ 1347.00 & 1353.50 in extension. Alternative scenario: below 1329.50 look for further downside with 1320.50 & 1312.00 as targets. Comment: the RSI is mixed to bullish. Trade with eToro – Click Here Trading bears risk to your capital Dax (Eurex) (U6) Intraday: bullish bias above 10225.00. Pivot: 10225.00 Most Likely Scenario: long positions above 10225.00 with targets @ 10345.00 & 10420.00 in extension. Alternative scenario: below 10225.00 look for further downside with 10135.00 & 10060.00 as targets. Comment: the RSI is mixed and calls for caution. Trade with eToro – Click Here Trading bears risk to your capital Dow Jones (CME) (U6) Intraday: capped by a negative trend line. Pivot: 18470.00 Most Likely Scenario: short positions below 18470.00 with targets @ 18345.00 & 18310.00 in extension. Alternative scenario: above 18470.00 look for further upside with 18515.00 & 18550.00 as targets. Comment: the RSI lacks upward momentum. Trade with eToro – Click Here Trading bears risk to your capital