Forex Serbia D. T. A.

EUR/USD Intraday: intraday support around 1.1270.
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Pivot: 1.1270
Most Likely Scenario: long positions above 1.1270 with targets @ 1.1340 & 1.1380 in extension.
Alternative scenario: below 1.1270 look for further downside with 1.1245 & 1.1215 as targets.
Comment: the RSI is mixed to bullish.

GBP/USD Intraday: the upside prevails.
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Pivot: 1.4520
Most Likely Scenario: long positions above 1.4520 with targets @ 1.4640 & 1.4670 in extension.
Alternative scenario: below 1.4520 look for further downside with 1.4465 & 1.4410 as targets.
Comment: the RSI is mixed to bullish.

USD/JPY Intraday: the upside prevails.
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Pivot: 110.75
Most Likely Scenario: long positions above 110.75 with targets @ 111.80 & 112.45 in extension.
Alternative scenario: below 110.75 look for further downside with 110.25 & 109.90 as targets.
Comment: the RSI lacks downward momentum.

AUD/USD Intraday: under pressure.
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Pivot: 0.7725
Most Likely Scenario: short positions below 0.7725 with targets @ 0.7580 & 0.7530 in extension.
Alternative scenario: above 0.7725 look for further upside with 0.7765 & 0.7795 as targets.
Comment: the RSI has broken down its 30 level.

Gold spot Intraday: further advance.
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Pivot: 1231.00
Most Likely Scenario: long positions above 1231.00 with targets @ 1249.00 & 1252.60 in extension.
Alternative scenario: below 1231.00 look for further downside with 1227.00 & 1220.00 as targets.
Comment: the RSI is bullish and calls for further advance.

Crude Oil (WTI) (M6) Intraday: further upside.
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Pivot: 42.90
Most Likely Scenario: long positions above 42.90 with targets @ 45.30 & 46.35 in extension.
Alternative scenario: below 42.90 look for further downside with 42.00 & 41.40 as targets.
Comment: the RSI is bullish and calls for further upside.

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Spoiler:

SPDR Russell 3000® ETF (THRK)
13:22 GMT - 09:22 NYT - 26 Apr 2016
Further advance
# TECHNICAL VIEW #
(Weekly Chart)
*A bullish continuation pattern - a consolidation channel - is confirmed

Regarding technical indicators:
* The 20-day simple moving average is in support
*The weekly RSI indicator broke above a declining trend line

On a relative basis against the SPDR SPY SP500:
*The ratio is supported by a short-term ascending trend line

LAST: 154.66
ENTRY: 153.8
STOP: 146 (-5.07%)
TARGET 1: 175 (13.78%)
TARGET 2: 180 (17.04%)

RSI
(Relative Strength Index) a technical indicator which measures the magnitude of gains over a given time period against the magnitude of losses over that period. The equation is RSI = 100 - 100 / (1 + RS) where RS = (total gains / n) / (total losses / n) and n = number of RSI periods

RSI
(Relative Strength Index) a technical indicator which measures the magnitude of gains over a given time period against the magnitude of losses over that period. The equation is RSI = 100 - 100 / (1 + RS) where RS = (total gains / n) / (total losses / n) and n = number of RSI periods