2023-04-05 02:51

AUD/USD Intraday: the bias remains bullish. Pivot: 0.6735 Our preference: Long positions above 0.6735 with targets at 0.6775 & 0.6790 in extension. Alternative scenario: Below 0.6735 look for further downside with 0.6720 & 0.6700 as targets. Comment: The RSI calls for a bounce. Gold Intraday: look for 2045.00. Pivot: 2005.00 Our preference: Long positions above 2005.00 with targets at 2030.00 & 2045.00 in extension. Alternative scenario: Below 2005.00 look for further downside with 1997.00 & 1989.00 as targets. Comment: The RSI shows upside momentum. Crude Oil (WTI)‎ (K3)‎ Intraday: bounce. Pivot: 79.60 Our preference: Long positions above 79.60 with targets at 81.80 & 83.20 in extension. Alternative scenario: Below 79.60 look for further downside with 79.00 & 78.00 as targets. Comment: The RSI advocates for further upside. EUR/USD Intraday: 1.1000 in sight. Pivot: 1.0920 Our preference: Long positions above 1.0920 with targets at 1.0975 & 1.1000 in extension. Alternative scenario: Below 1.0920 look for further downside with 1.0900 & 1.0880 as targets. Comment: The RSI is bullish and calls for further upside. GBP/USD Intraday: the upside prevails. Pivot: 1.2465 Our preference: Long positions above 1.2465 with targets at 1.2525 & 1.2550 in extension. Alternative scenario: Below 1.2465 look for further downside with 1.2440 & 1.2420 as targets. Comment: The RSI advocates for further advance. USD/JPY Intraday: the downside prevails. Pivot: 132.15 Our preference: Short positions below 132.15 with targets at 131.20 & 130.70 in extension. Alternative scenario: Above 132.15 look for further upside with 132.50 & 132.80 as targets. Comment: The RSI is bearish and calls for further downside.

2023-04-04 03:05

AUD/USD Intraday: further advance. Pivot: 0.6740 Our preference: Long positions above 0.6740 with targets at 0.6820 & 0.6845 in extension. Alternative scenario: Below 0.6740 look for further downside with 0.6710 & 0.6680 as targets. Comment: The RSI is bullish and calls for further advance. Gold Intraday: 2003.00 expected. Pivot: 1972.00 Our preference: Long positions above 1972.00 with targets at 1995.00 & 2003.00 in extension. Alternative scenario: Below 1972.00 look for further downside with 1964.00 & 1957.00 as targets. Comment: The RSI is bullish and calls for further advance. Crude Oil (WTI)‎ (K3)‎ Intraday: intraday support around 79.00. Pivot: 79.00 Our preference: Long positions above 79.00 with targets at 81.65 & 82.30 in extension. Alternative scenario: Below 79.00 look for further downside with 78.00 & 77.00 as targets. Comment: A support base at 79.00 has formed and has allowed for a temporary stabilisation. EUR/USD Intraday: the upside prevails. Pivot: 1.0870 Our preference: Long positions above 1.0870 with targets at 1.0925 & 1.0950 in extension. Alternative scenario: Below 1.0870 look for further downside with 1.0850 & 1.0830 as targets. Comment: The RSI is bullish and calls for further upside. GBP/USD Intraday: further upside. Pivot: 1.2370 Our preference: Long positions above 1.2370 with targets at 1.2460 & 1.2490 in extension. Alternative scenario: Below 1.2370 look for further downside with 1.2350 & 1.2330 as targets. Comment: The RSI advocates for further advance. USD/JPY Intraday: the downside prevails. Pivot: 132.80 Our preference: Short positions below 132.80 with targets at 131.90 & 131.60 in extension. Alternative scenario: Above 132.80 look for further upside with 133.10 & 133.40 as targets. Comment: The RSI advocates for further decline.

2023-04-03 01:58

AUD/USD Intraday: under pressure. Pivot: 0.6685 Our preference: Short positions below 0.6685 with targets at 0.6640 & 0.6620 in extension. Alternative scenario: Above 0.6685 look for further upside with 0.6700 & 0.6715 as targets. Comment: The RSI is bearish and calls for further downside. Gold Intraday: under pressure. Pivot: 1972.00 Our preference: Short positions below 1972.00 with targets at 1955.00 & 1948.00 in extension. Alternative scenario: Above 1972.00 look for further upside with 1977.00 & 1982.00 as targets. Comment: The RSI has broken down its 30 level. Crude Oil (WTI)‎ (K3)‎ Intraday: the upside prevails. Pivot: 79.40 Our preference: Long positions above 79.40 with targets at 82.10 & 83.00 in extension. Alternative scenario: Below 79.40 look for further downside with 78.00 & 77.00 as targets. Comment: The RSI shows upside momentum. EUR/USD Intraday: under pressure. Pivot: 1.0850 Our preference: Short positions below 1.0850 with targets at 1.0790 & 1.0760 in extension. Alternative scenario: Above 1.0850 look for further upside with 1.0880 & 1.0900 as targets. Comment: The RSI has broken down its 30 level. GBP/USD Intraday: the downside prevails. Pivot: 1.2350 Our preference: Short positions below 1.2350 with targets at 1.2280 & 1.2240 in extension. Alternative scenario: Above 1.2350 look for further upside with 1.2370 & 1.2390 as targets. Comment: The RSI has broken down its 30 level. USD/JPY Intraday: the bias remains bullish. Pivot: 132.65 Our preference: Long positions above 132.65 with targets at 133.60 & 133.85 in extension. Alternative scenario: Below 132.65 look for further downside with 132.40 & 132.20 as targets. Comment: The RSI calls for a bounce.

2023-03-31 02:47

AUD/USD Intraday: further advance. Pivot: 0.6680 Our preference: Long positions above 0.6680 with targets at 0.6730 & 0.6750 in extension. Alternative scenario: Below 0.6680 look for further downside with 0.6660 & 0.6645 as targets. Comment: The RSI calls for a bounce. Gold Intraday: bullish bias above 1969.00. Pivot: 1969.00 Our preference: Long positions above 1969.00 with targets at 1988.00 & 1994.00 in extension. Alternative scenario: Below 1969.00 look for further downside with 1963.00 & 1955.00 as targets. Comment: The RSI is mixed with a bullish bias. Crude Oil (WTI)‎ (K3)‎ Intraday: intraday support around 73.50. Pivot: 73.50 Our preference: Long positions above 73.50 with targets at 74.85 & 75.60 in extension. Alternative scenario: Below 73.50 look for further downside with 73.10 & 72.70 as targets. Comment: The next resistances are at 74.85 and then at 75.60. EUR/USD Intraday: further upside. Pivot: 1.0875 Our preference: Long positions above 1.0875 with targets at 1.0925 & 1.0945 in extension. Alternative scenario: Below 1.0875 look for further downside with 1.0855 & 1.0840 as targets. Comment: The RSI is bullish and calls for further advance. GBP/USD Intraday: the upside prevails. Pivot: 1.2350 Our preference: Long positions above 1.2350 with targets at 1.2410 & 1.2430 in extension. Alternative scenario: Below 1.2350 look for further downside with 1.2330 & 1.2310 as targets. Comment: The RSI advocates for further upside. USD/JPY Intraday: towards 133.80. Pivot: 132.80 Our preference: Long positions above 132.80 with targets at 133.50 & 133.80 in extension. Alternative scenario: Below 132.80 look for further downside with 132.50 & 132.20 as targets. Comment: The RSI shows upside momentum.

2023-03-30 03:03

AUD/USD Intraday: intraday support around 0.6660. Pivot: 0.6660 Our preference: Long positions above 0.6660 with targets at 0.6695 & 0.6710 in extension. Alternative scenario: Below 0.6660 look for further downside with 0.6645 & 0.6630 as targets. Comment: A support base at 0.6660 has formed and has allowed for a temporary stabilisation. Gold Intraday: expect 1950.00. Pivot: 1972.00 Our preference: Short positions below 1972.00 with targets at 1958.00 & 1950.00 in extension. Alternative scenario: Above 1972.00 look for further upside with 1979.00 & 1987.00 as targets. Comment: A break below 1958.00 would trigger a drop towards 1950.00. Crude Oil (WTI)‎ (K3)‎ Intraday: under pressure. Pivot: 73.85 Our preference: Short positions below 73.85 with targets at 72.30 & 71.50 in extension. Alternative scenario: Above 73.85 look for further upside with 74.35 & 74.85 as targets. Comment: The RSI is below its neutrality area at 50% EUR/USD Intraday: bullish bias above 1.0815. Pivot: 1.0815 Our preference: Long positions above 1.0815 with targets at 1.0870 & 1.0890 in extension. Alternative scenario: Below 1.0815 look for further downside with 1.0800 & 1.0780 as targets. Comment: The RSI calls for a bounce. GBP/USD Intraday: bullish bias above 1.2280. Pivot: 1.2280 Our preference: Long positions above 1.2280 with targets at 1.2340 & 1.2360 in extension. Alternative scenario: Below 1.2280 look for further downside with 1.2260 & 1.2240 as targets. Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. USD/JPY Intraday: watch 133.50. Pivot: 132.00 Our preference: Long positions above 132.00 with targets at 133.00 & 133.50 in extension. Alternative scenario: Below 132.00 look for further downside with 131.60 & 131.30 as targets. Comment: The RSI advocates for further upside.

2023-03-29 02:15

AUD/USD Intraday: towards 0.6740. Pivot: 0.6680 Our preference: Long positions above 0.6680 with targets at 0.6725 & 0.6740 in extension. Alternative scenario: Below 0.6680 look for further downside with 0.6665 & 0.6650 as targets. Comment: The RSI advocates for further advance. Gold Intraday: target 1987.00. Pivot: 1962.00 Our preference: Long positions above 1962.00 with targets at 1979.00 & 1987.00 in extension. Alternative scenario: Below 1962.00 look for further downside with 1956.00 & 1948.00 as targets. Comment: The RSI is bullish and calls for further upside. Crude Oil (WTI)‎ (K3)‎ Intraday: further upside. Pivot: 72.30 Our preference: Long positions above 72.30 with targets at 74.85 & 75.70 in extension. Alternative scenario: Below 72.30 look for further downside with 71.50 & 70.70 as targets. Comment: The next resistances are at 74.85 and then at 75.70. EUR/USD Intraday: bullish bias above 1.0810. Pivot: 1.0810 Our preference: Long positions above 1.0810 with targets at 1.0860 & 1.0880 in extension. Alternative scenario: Below 1.0810 look for further downside with 1.0790 & 1.0770 as targets. Comment: The RSI calls for a bounce. GBP/USD Intraday: supported by a rising trend line. Pivot: 1.2300 Our preference: Long positions above 1.2300 with targets at 1.2350 & 1.2380 in extension. Alternative scenario: Below 1.2300 look for further downside with 1.2280 & 1.2260 as targets. Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. USD/JPY Intraday: further upside. Pivot: 130.70 Our preference: Long positions above 130.70 with targets at 131.75 & 132.10 in extension. Alternative scenario: Below 130.70 look for further downside with 130.40 & 130.10 as targets. Comment: The RSI shows upside momentum.