2023-09-21 02:47

EUR/USD Intraday: under pressure. Pivot: 1.0685 Our preference: Short positions below 1.0685 with targets at 1.0630 & 1.0610 in extension. Alternative scenario: Above 1.0685 look for further upside with 1.0710 & 1.0735 as targets. Comment: The RSI has broken down its 30 level. Crude Oil (WTI)‎ (X3)‎ Intraday: under pressure. Pivot: 90.00 Our preference: Short positions below 90.00 with targets at 88.90 & 88.35 in extension. Alternative scenario: Above 90.00 look for further upside with 90.70 & 91.35 as targets. Comment: The RSI is below its neutrality area at 50% Gold Intraday: consolidation. Pivot: 1937.00 Our preference: Short positions below 1937.00 with targets at 1926.00 & 1921.00 in extension. Alternative scenario: Above 1937.00 look for further upside with 1942.00 & 1947.00 as targets. Comment: The RSI is bearish and calls for further decline. GBP/USD Intraday: towards 1.2280. Pivot: 1.2370 Our preference: Short positions below 1.2370 with targets at 1.2310 & 1.2280 in extension. Alternative scenario: Above 1.2370 look for further upside with 1.2400 & 1.2420 as targets. Comment: The RSI is bearish and calls for further downside. USD/JPY Intraday: further upside. Pivot: 147.90 Our preference: Long positions above 147.90 with targets at 148.60 & 148.80 in extension. Alternative scenario: Below 147.90 look for further downside with 147.70 & 147.50 as targets. Comment: The RSI is bullish and calls for further advance. AUD/USD Intraday: 0.6400 in sight. Pivot: 0.6470 Our preference: Short positions below 0.6470 with targets at 0.6420 & 0.6400 in extension. Alternative scenario: Above 0.6470 look for further upside with 0.6490 & 0.6510 as targets. Comment: The RSI advocates for further downside.

2023-09-19 01:55

EUR/USD Intraday: bullish bias above 1.0670. Pivot: 1.0670 Our preference: Long positions above 1.0670 with targets at 1.0710 & 1.0725 in extension. Alternative scenario: Below 1.0670 look for further downside with 1.0655 & 1.0640 as targets. Comment: The RSI calls for a bounce. Gold Intraday: towards 1945.00. Pivot: 1926.00 Our preference: Long positions above 1926.00 with targets at 1939.00 & 1945.00 in extension. Alternative scenario: Below 1926.00 look for further downside with 1921.00 & 1916.00 as targets. Comment: The RSI is bullish and calls for further upside. Crude Oil (WTI)‎ (V3)‎ Intraday: further upside. Pivot: 91.40 Our preference: Long positions above 91.40 with targets at 93.00 & 93.80 in extension. Alternative scenario: Below 91.40 look for further downside with 90.75 & 90.20 as targets. Comment: The RSI shows upside momentum. GBP/USD Intraday: key resistance at 1.2405. Pivot: 1.2405 Our preference: Short positions below 1.2405 with targets at 1.2370 & 1.2350 in extension. Alternative scenario: Above 1.2405 look for further upside with 1.2425 & 1.2445 as targets. Comment: As long as 1.2405 is resistance, look for choppy price action with a bearish bias. USD/JPY Intraday: consolidation. Pivot: 147.80 Our preference: Short positions below 147.80 with targets at 147.50 & 147.35 in extension. Alternative scenario: Above 147.80 look for further upside with 147.95 & 148.10 as targets. Comment: The RSI is mixed with a bearish bias. AUD/USD Intraday: bullish bias above 0.6415. Pivot: 0.6415 Our preference: Long positions above 0.6415 with targets at 0.6450 & 0.6470 in extension. Alternative scenario: Below 0.6415 look for further downside with 0.6400 & 0.6385 as targets. Comment: A support base at 0.6415 has formed and has allowed for a temporary stabilisation.

2023-09-19 01:53

EUR/USD Intraday: bullish bias above 1.0630. Pivot: 1.0630 Our preference: Long positions above 1.0630 with targets at 1.0685 & 1.0720 in extension. Alternative scenario: Below 1.0630 look for further downside with 1.0600 & 1.0565 as targets. Comment: A support base at 1.0630 has formed and has allowed for a temporary stabilisation. USD/JPY Intraday: the upside prevails. Pivot: 147.55 Our preference: Long positions above 147.55 with targets at 148.00 & 148.20 in extension. Alternative scenario: Below 147.55 look for further downside with 147.35 & 147.15 as targets. Comment: Technically the RSI is above its neutrality area at 50. GBP/USD Intraday: watch 1.2370. Pivot: 1.2415 Our preference: Short positions below 1.2415 with targets at 1.2370 & 1.2340 in extension. Alternative scenario: Above 1.2415 look for further upside with 1.2440 & 1.2465 as targets. Comment: A break below 1.2370 would trigger a drop towards 1.2340. Gold Intraday: bullish bias above 1918.00. Pivot: 1918.00 Our preference: Long positions above 1918.00 with targets at 1930.00 & 1935.00 in extension. Alternative scenario: Below 1918.00 look for further downside with 1913.00 & 1907.00 as targets. Comment: Technically the RSI is above its neutrality area at 50. Crude Oil (WTI)‎ (V3)‎ Intraday: bullish bias above 90.20. Pivot: 90.20 Our preference: Long positions above 90.20 with targets at 91.25 & 91.70 in extension. Alternative scenario: Below 90.20 look for further downside with 89.70 & 89.20 as targets. Comment: The RSI calls for a bounce. AUD/USD Intraday: under pressure. Pivot: 0.6455 Our preference: Short positions below 0.6455 with targets at 0.6410 & 0.6395 in extension. Alternative scenario: Above 0.6455 look for further upside with 0.6475 & 0.6500 as targets. Comment: As long as the resistance at 0.6455 is not surpassed, the risk of the break below 0.6410 remains high.

2023-09-15 02:38

EUR/USD Intraday: the downside prevails. Pivot: 1.0690 Our preference: Short positions below 1.0690 with targets at 1.0600 & 1.0565 in extension. Alternative scenario: Above 1.0690 look for further upside with 1.0720 & 1.0750 as targets. Comment: The RSI has broken down its 30 level. GBP/USD Intraday: the downside prevails. Pivot: 1.2450 Our preference: Short positions below 1.2450 with targets at 1.2370 & 1.2340 in extension. Alternative scenario: Above 1.2450 look for further upside with 1.2480 & 1.2505 as targets. Comment: The break below 1.2450 is a negative signal that has opened a path to 1.2370. AUD/USD Intraday: key resistance at 0.6450. Pivot: 0.6450 Our preference: Short positions below 0.6450 with targets at 0.6420 & 0.6405 in extension. Alternative scenario: Above 0.6450 look for further upside with 0.6465 & 0.6480 as targets. Comment: The RSI shows downside momentum. USD/JPY Intraday: the upside prevails Pivot: 147.20 Our preference: Long positions above 147.20 with targets at 147.65 & 147.80 in extension. Alternative scenario: Below 147.20 look for further downside with 147.00 & 146.80 as targets. Comment: The RSI lacks downward momentum. Gold Intraday: rebound in sight. Pivot: 1902.00 Our preference: Long positions above 1902.00 with targets at 1915.00 & 1920.00 in extension. Alternative scenario: Below 1902.00 look for further downside with 1898.00 & 1893.00 as targets. Comment: The RSI is bullish and calls for further upside. Crude Oil (WTI)‎ (V3)‎ Intraday: the upside prevails. Pivot: 89.60 Our preference: Long positions above 89.60 with targets at 91.10 & 91.70 in extension. Alternative scenario: Below 89.60 look for further downside with 88.90 & 88.30 as targets. Comment: The RSI is bullish and calls for further advance.

2023-09-14 03:57

EUR/USD Intraday: key resistance at 1.0760. Pivot: 1.0760 Our preference: Short positions below 1.0760 with targets at 1.0710 & 1.0690 in extension. Alternative scenario: Above 1.0760 look for further upside with 1.0780 & 1.0800 as targets. Comment: As long as 1.0760 is resistance, look for choppy price action with a bearish bias. GBP/USD Intraday: watch 1.2530. Pivot: 1.2460 Our preference: Long positions above 1.2460 with targets at 1.2510 & 1.2530 in extension. Alternative scenario: Below 1.2460 look for further downside with 1.2440 & 1.2425 as targets. Comment: The RSI calls for a bounce. AUD/USD Intraday: the bias remains bullish. Pivot: 0.6395 Our preference: Long positions above 0.6395 with targets at 0.6445 & 0.6460 in extension. Alternative scenario: Below 0.6395 look for further downside with 0.6380 & 0.6365 as targets. Comment: The RSI has just landed on its neutrality area at 50% and is turning up. USD/JPY Intraday: expect 146.80. Pivot: 147.60 Our preference: Short positions below 147.60 with targets at 147.00 & 146.80 in extension. Alternative scenario: Above 147.60 look for further upside with 147.80 & 148.00 as targets. Comment: The RSI advocates for further downside. Gold Intraday: look for 1902.00. Pivot: 1915.00 Our preference: Short positions below 1915.00 with targets at 1902.00 & 1896.00 in extension. Alternative scenario: Above 1915.00 look for further upside with 1919.00 & 1924.00 as targets. Comment: Technically the RSI is below its neutrality area at 50. Crude Oil (WTI)‎ (V3)‎ Intraday: consolidation in place. Pivot: 89.20 Our preference: Short positions below 89.20 with targets at 88.15 & 87.65 in extension. Alternative scenario: Above 89.20 look for further upside with 89.60 & 90.00 as targets. Comment: The RSI is below its neutrality area at 50%

2023-09-13 02:20

EUR/USD Intraday: continuation of the rebound. Pivot: 1.0725 Our preference: Long positions above 1.0725 with targets at 1.0780 & 1.0800 in extension. Alternative scenario: Below 1.0725 look for further downside with 1.0705 & 1.0690 as targets. Comment: The RSI is bullish and calls for further upside. GBP/USD Intraday: rebound in sight. Pivot: 1.2465 Our preference: Long positions above 1.2465 with targets at 1.2515 & 1.2530 in extension. Alternative scenario: Below 1.2465 look for further downside with 1.2450 & 1.2435 as targets. Comment: The RSI calls for a bounce. AUD/USD Intraday: the bias remains bullish. Pivot: 0.6405 Our preference: Long positions above 0.6405 with targets at 0.6445 & 0.6460 in extension. Alternative scenario: Below 0.6405 look for further downside with 0.6390 & 0.6370 as targets. Comment: The RSI calls for a rebound. USD/JPY Intraday: bullish bias above 146.80. Pivot: 146.80 Our preference: Long positions above 146.80 with targets at 147.25 & 147.45 in extension. Alternative scenario: Below 146.80 look for further downside with 146.60 & 146.40 as targets. Comment: The RSI advocates for further advance. Gold Intraday: key resistance at 1917.00. Pivot: 1917.00 Our preference: Short positions below 1917.00 with targets at 1907.00 & 1902.00 in extension. Alternative scenario: Above 1917.00 look for further upside with 1924.00 & 1930.00 as targets. Comment: As long as the resistance at 1917.00 is not surpassed, the risk of the break below 1907.00 remains high. Crude Oil (WTI)‎ (V3)‎ Intraday: the bias remains bullish. Pivot: 88.15 Our preference: Long positions above 88.15 with targets at 89.35 & 90.00 in extension. Alternative scenario: Below 88.15 look for further downside with 87.65 & 87.20 as targets. Comment: Technically the RSI is above its neutrality area at 50.