eToro Daily Markets Review Pre – US Wednesday, July 27, 2016

eToro Daily Markets Review Pre – US Wednesday, July 27, 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: intraday support around 1.0975. Pivot: 1.0975 Most Likely Scenario: long positions above 1.0975 with targets @ 1.1020 & 1.1040 in extension. Alternative scenario: below 1.0975 look for further downside with 1.0950 & 1.0910 as targets. Comment: the RSI shows upside momentum. Trade with eToro – Click Here Trading bears risk to your capital USD/JPY Intraday: the bias remains bullish. Pivot: 104.95 Most Likely Scenario: long positions above 104.95 with targets @ 106.35 & 106.75 in extension. Alternative scenario: below 104.95 look for further downside with 104.50 & 103.95 as targets. Comment: the RSI is mixed to bullish. Trade with eToro – Click Here Trading bears risk to your capital USD/CHF Intraday: the upside prevails. Pivot: 0.9895 Most Likely Scenario: long positions above 0.9895 with targets @ 0.9955 & 0.9975 in extension. Alternative scenario: below 0.9895 look for further downside with 0.9875 & 0.9840 as targets. Comment: the RSI shows upside momentum. Trade with eToro – Click Here Trading bears risk to your capital GBP/USD Intraday: the downside prevails. Pivot: 1.3165 Most Likely Scenario: short positions below 1.3165 with targets @ 1.3075 & 1.3020 in extension. Alternative scenario: above 1.3165 look for further upside with 1.3210 & 1.3280 as targets. Comment: the RSI advocates for further decline. Trade with eToro – Click Here Trading bears risk to your capital EUR/AUD Intraday: bullish bias above 1.4645. Pivot: 1.4645 Most Likely Scenario: long positions above 1.4645 with targets @ 1.4735 & 1.4760 in extension. Alternative scenario: below 1.4645 look for further downside with 1.4580 & 1.4555 as targets. Comment: a support base at 1.4645 has formed and has allowed for a temporary stabilisation. Trade with eToro – Click Here Trading bears risk to your capital Gold spot Intraday: bullish bias above 1312.00. Pivot: 1312.00 Most Likely Scenario: long positions above 1312.00 with targets @ 1330.00 & 1334.00 in extension. Alternative scenario: below 1312.00 look for further downside with 1304.50 & 1300.00 as targets. Comment: a support base at 1312.00 has formed and has allowed for a temporary stabilisation. Trade with eToro – Click Here Trading bears risk to your capital Dax (Eurex) (U6) Intraday: bullish bias above 10210.00. Pivot: 10210.00 Most Likely Scenario: long positions above 10210.00 with targets @ 10420.00 & 10460.00 in extension. Alternative scenario: below 10210.00 look for further downside with 10135.00 & 10060.00 as targets. Comment: the RSI is bullish and calls for further upside. Trade with eToro – Click Here Trading bears risk to your capital Dow Jones (CME) (U6) Intraday: consolidation. Pivot: 18480.00 Most Likely Scenario: short positions below 18480.00 with targets @ 18375.00 & 18305.00 in extension. Alternative scenario: above 18480.00 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