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Message: [QUOTE="FxGrow Support, post: 138231, member: 34135"] [B]FxGrow Daily Technical Analysis – 31st Oct, 2017[/B] [I]By FxGrow Research & Analysis Team[/I] [B]Forex Daily Technical Overview 31 Oct 2017[/B] [B]GBP/USD Intraday: the bias remains bullish.[/B] Pivot: 1.3165 Our preference: long positions above 1.3165 with targets at 1.3235 & 1.3280 in extension. Alternative scenario: below 1.3165 look for further downside with 1.3125 & 1.3080 as targets. Comment: the RSI is mixed to bullish. Supports and resistances: 1.3325 1.3280 1.3235 1.3210 Last 1.3165 1.3125 1.3080 [B]USD/JPY Intraday: consolidation.[/B] Pivot: 113.55 Our preference: short positions below 113.55 with targets at 112.95 & 112.70 in extension. Alternative scenario: above 113.55 look for further upside with 113.80 & 114.00 as targets. Comment: the RSI lacks upward momentum. Supports and resistances: 114.00 113.80 113.55 113.21 Last 112.95 112.70 112.30 [B]EUR/USD Intraday: intraday support around 1.1600.[/B] Pivot: 1.1600 Our preference: long positions above 1.1600 with targets at 1.1675 & 1.1710 in extension. Alternative scenario: below 1.1600 look for further downside with 1.1570 & 1.1520 as targets. Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Supports and resistances: 1.1750 1.1710 1.1675 1.1637 Last 1.1600 1.1570 1.1520 [B]AUD/USD Intraday: bullish bias above 0.7650.[/B] Pivot: 0.7650 Our preference: long positions above 0.7650 with targets at 0.7700 & 0.7720 in extension. Alternative scenario: below 0.7650 look for further downside with 0.7625 & 0.7605 as targets. Comment: the RSI is mixed to bullish. Supports and resistances: 0.7745 0.7720 0.7700 0.7670 Last 0.7650 0.7625 0.7605 [B]Crude Oil‏ (WTI)‏ (Z7) Intraday: the bias remains bullish.[/B] Pivot: 53.60 Our preference: long positions above 53.60 with targets at 54.50 & 54.75 in extension. Alternative scenario: below 53.60 look for further downside with 53.15 & 52.85 as targets. Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Supports and resistances: 55.00 54.75 54.50 53.97 Last 53.60 53.15 52.85 [B]Gold spot Intraday: the bias remains bullish.[/B] Pivot: 1271.50 Our preference: long positions above 1271.50 with targets at 1279.00 & 1283.00 in extension. Alternative scenario: below 1271.50 look for further downside with 1268.50 & 1260.00 as targets. Comment: the RSI is supported by a rising trend line. Supports and resistances: 1288.00 1283.00 1279.00 1276.22 Last 1271.50 1268.50 1260.00 [I][B]Note:[/B] This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.[/I] [/QUOTE]

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