2023-10-02 02:37

EUR/USD Intraday: expect 1.0530. Pivot: 1.0585 Our preference: Short positions below 1.0585 with targets at 1.0545 & 1.0530 in extension. Alternative scenario: Above 1.0585 look for further upside with 1.0600 & 1.0615 as targets. Comment: The RSI is bearish and calls for further decline. GBP/USD Intraday: the downside prevails. Pivot: 1.2220 Our preference: Short positions below 1.2220 with targets at 1.2170 & 1.2150 in extension. Alternative scenario: Above 1.2220 look for further upside with 1.2240 & 1.2270 as targets. Comment: The RSI calls for a new downleg. AUD/USD Intraday: towards 0.6395. Pivot: 0.6460 Our preference: Short positions below 0.6460 with targets at 0.6415 & 0.6395 in extension. Alternative scenario: Above 0.6460 look for further upside with 0.6480 & 0.6500 as targets. Comment: The RSI advocates for further downside. USD/JPY Intraday: further advance. Pivot: 149.15 Our preference: Long positions above 149.15 with targets at 149.80 & 150.10 in extension. Alternative scenario: Below 149.15 look for further downside with 148.90 & 148.65 as targets. Comment: The RSI is bullish and calls for further upside. Crude Oil (WTI)‎ (X3)‎ Intraday: key resistance at 91.70. Pivot: 91.70 Our preference: Short positions below 91.70 with targets at 90.35 & 89.50 in extension. Alternative scenario: Above 91.70 look for further upside with 92.30 & 92.95 as targets. Comment: The RSI is below its neutrality area at 50% Gold Intraday: the downside prevails. Pivot: 1861.00 Our preference: Short positions below 1861.00 with targets at 1840.00 & 1830.00 in extension. Alternative scenario: Above 1861.00 look for further upside with 1867.00 & 1875.00 as targets. Comment: The RSI shows downside momentum.

2023-09-29 02:50

EUR/USD Intraday: 1.0600 in sight. Pivot: 1.0535 Our preference: Long positions above 1.0535 with targets at 1.0580 & 1.0600 in extension. Alternative scenario: Below 1.0535 look for further downside with 1.0515 & 1.0490 as targets. Comment: The RSI advocates for further upside. GBP/USD Intraday: further advance. Pivot: 1.2175 Our preference: Long positions above 1.2175 with targets at 1.2225 & 1.2250 in extension. Alternative scenario: Below 1.2175 look for further downside with 1.2155 & 1.2135 as targets. Comment: The RSI advocates for further upside. AUD/USD Intraday: further upside. Pivot: 0.6400 Our preference: Long positions above 0.6400 with targets at 0.6440 & 0.6465 in extension. Alternative scenario: Below 0.6400 look for further downside with 0.6380 & 0.6360 as targets. Comment: The RSI is bullish and calls for further advance. USD/JPY Intraday: key resistance at 149.50. Pivot: 149.50 Our preference: Short positions below 149.50 with targets at 149.10 & 148.90 in extension. Alternative scenario: Above 149.50 look for further upside with 149.70 & 149.90 as targets. Comment: As long as 149.50 is resistance, look for choppy price action with a bearish bias. Crude Oil (WTI)‎ (X3)‎ Intraday: the downside prevails. Pivot: 92.50 Our preference: Short positions below 92.50 with targets at 91.40 & 90.70 in extension. Alternative scenario: Above 92.50 look for further upside with 93.20 & 93.90 as targets. Comment: The RSI is below its neutrality area at 50% Gold Intraday: key resistance at 1872.00. Pivot: 1872.00 Our preference: Short positions below 1872.00 with targets at 1858.00 & 1852.00 in extension. Alternative scenario: Above 1872.00 look for further upside with 1879.00 & 1885.00 as targets. Comment: The RSI is below its neutrality area at 50%

2023-09-27 06:26

Crude Oil (WTI)‎ (X3)‎ Intraday: the upside prevails. Pivot: 89.85 Our preference: Long positions above 89.85 with targets at 91.30 & 91.90 in extension. Alternative scenario: Below 89.85 look for further downside with 89.35 & 88.75 as targets. Comment: The RSI shows upside momentum. EUR/USD Intraday: expect 1.0540. Pivot: 1.0595 Our preference: Short positions below 1.0595 with targets at 1.0555 & 1.0540 in extension. Alternative scenario: Above 1.0595 look for further upside with 1.0610 & 1.0625 as targets. Comment: The RSI advocates for further decline. GBP/USD Intraday: the downside prevails Pivot: 1.2180 Our preference: Short positions below 1.2180 with targets at 1.2140 & 1.2120 in extension. Alternative scenario: Above 1.2180 look for further upside with 1.2200 & 1.2220 as targets. Comment: The RSI is bearish and calls for further decline. USD/JPY Intraday: the bias remains bullish. Pivot: 148.75 Our preference: Long positions above 148.75 with targets at 149.20 & 149.40 in extension. Alternative scenario: Below 148.75 look for further downside with 148.55 & 148.35 as targets. Comment: The next resistances are at 149.20 and then at 149.40. Gold Intraday: aim @ 1890.00. Pivot: 1909.00 Our preference: Short positions below 1909.00 with targets at 1896.00 & 1890.00 in extension. Alternative scenario: Above 1909.00 look for further upside with 1915.00 & 1920.00 as targets. Comment: As long as the resistance at 1909.00 is not surpassed, the risk of the break below 1896.00 remains high. AUD/USD Intraday: under pressure. Pivot: 0.6415 Our preference: Short positions below 0.6415 with targets at 0.6380 & 0.6365 in extension. Alternative scenario: Above 0.6415 look for further upside with 0.6430 & 0.6445 as targets. Comment: The RSI calls for a new downleg.

2023-09-26 02:03

EUR/USD Intraday: under pressure. Pivot: 1.0615 Our preference: Short positions below 1.0615 with targets at 1.0575 & 1.0560 in extension. Alternative scenario: Above 1.0615 look for further upside with 1.0630 & 1.0650 as targets. Comment: The RSI is bearish and calls for further decline. GBP/USD Intraday: capped by a negative trend line. Pivot: 1.2230 Our preference: Short positions below 1.2230 with targets at 1.2195 & 1.2180 in extension. Alternative scenario: Above 1.2230 look for further upside with 1.2250 & 1.2265 as targets. Comment: As long as 1.2230 is resistance, look for choppy price action with a bearish bias. AUD/USD Intraday: key resistance at 0.6435. Pivot: 0.6435 Our preference: Short positions below 0.6435 with targets at 0.6405 & 0.6390 in extension. Alternative scenario: Above 0.6435 look for further upside with 0.6450 & 0.6465 as targets. Comment: As long as 0.6435 is resistance, look for choppy price action with a bearish bias. USD/JPY Intraday: bullish bias above 148.50. Pivot: 148.50 Our preference: Long positions above 148.50 with targets at 149.10 & 149.30 in extension. Alternative scenario: Below 148.50 look for further downside with 148.30 & 148.05 as targets. Comment: The RSI is above its neutrality area at 50%. Crude Oil (WTI)‎ (X3)‎ Intraday: key resistance at 90.15. Pivot: 90.15 Our preference: Short positions below 90.15 with targets at 89.35 & 89.00 in extension. Alternative scenario: Above 90.15 look for further upside with 90.80 & 91.30 as targets. Comment: As long as the resistance at 90.15 is not surpassed, the risk of the break below 89.35 remains high. Gold Intraday: the downside prevails. Pivot: 1922.00 Our preference: Short positions below 1922.00 with targets at 1913.00 & 1908.00 in extension. Alternative scenario: Above 1922.00 look for further upside with 1927.00 & 1933.00 as targets. Comment: The RSI calls for a new downleg.

2023-09-25 04:08

EUR/USD Intraday: key resistance at 1.0670. Pivot: 1.0670 Our preference: Short positions below 1.0670 with targets at 1.0630 & 1.0615 in extension. Alternative scenario: Above 1.0670 look for further upside with 1.0685 & 1.0700 as targets. Comment: As long as 1.0670 is resistance, look for choppy price action with a bearish bias. GBP/USD Intraday: the downside prevails. Pivot: 1.2265 Our preference: Short positions below 1.2265 with targets at 1.2230 & 1.2210 in extension. Alternative scenario: Above 1.2265 look for further upside with 1.2285 & 1.2305 as targets. Comment: As long as the resistance at 1.2265 is not surpassed, the risk of the break below 1.2230 remains high. AUD/USD Intraday: consolidation. Pivot: 0.6455 Our preference: Short positions below 0.6455 with targets at 0.6425 & 0.6410 in extension. Alternative scenario: Above 0.6455 look for further upside with 0.6470 & 0.6485 as targets. Comment: Technically the RSI is below its neutrality area at 50. USD/JPY Intraday: further advance. Pivot: 148.00 Our preference: Long positions above 148.00 with targets at 148.60 & 148.90 in extension. Alternative scenario: Below 148.00 look for further downside with 147.70 & 147.40 as targets. Comment: The RSI calls for a new upleg. Crude Oil (WTI)‎ (X3)‎ Intraday: bounce. Pivot: 89.70 Our preference: Long positions above 89.70 with targets at 90.75 & 91.30 in extension. Alternative scenario: Below 89.70 look for further downside with 89.30 & 88.90 as targets. Comment: The RSI calls for a bounce.

2023-09-22 02:53

EUR/USD Intraday: bullish bias above 1.0635. Pivot: 1.0635 Our preference: Long positions above 1.0635 with targets at 1.0670 & 1.0690 in extension. Alternative scenario: Below 1.0635 look for further downside with 1.0615 & 1.0600 as targets. Comment: The RSI calls for a bounce. GBP/USD Intraday: key resistance at 1.2310. Pivot: 1.2310 Our preference: Short positions below 1.2310 with targets at 1.2270 & 1.2250 in extension. Alternative scenario: Above 1.2310 look for further upside with 1.2330 & 1.2350 as targets. Comment: As long as 1.2310 is resistance, look for choppy price action with a bearish bias. USD/JPY Intraday: bullish bias above 147.30. Pivot: 147.30 Our preference: Long positions above 147.30 with targets at 147.75 & 147.90 in extension. Alternative scenario: Below 147.30 look for further downside with 147.15 & 147.00 as targets. Comment: A support base at 147.30 has formed and has allowed for a temporary stabilisation. Crude Oil (WTI)‎ (X3)‎ Intraday: consolidation in place. Pivot: 90.40 Our preference: Short positions below 90.40 with targets at 88.90 & 88.35 in extension. Alternative scenario: Above 90.40 look for further upside with 90.95 & 91.65 as targets. Comment: As long as 90.40 is resistance, look for choppy price action with a bearish bias. Gold Intraday: key resistance at 1926.00. Pivot: 1926.00 Our preference: Short positions below 1926.00 with targets at 1913.00 & 1906.00 in extension. Alternative scenario: Above 1926.00 look for further upside with 1931.00 & 1937.00 as targets. Comment: Technically the RSI is below its neutrality area at 50. AUD/USD Intraday: key resistance at 0.6430. Pivot: 0.6430 Our preference: Short positions below 0.6430 with targets at 0.6400 & 0.6385 in extension. Alternative scenario: Above 0.6430 look for further upside with 0.6445 & 0.6460 as targets. Comment: The RSI is mixed with a bearish bias.