2023-02-13 02:46

GBP/USD Intraday: 1.2000 in sight. Pivot: 1.2090 Our preference: Short positions below 1.2090 with targets at 1.2020 & 1.2000 in extension. Alternative scenario: Above 1.2090 look for further upside with 1.2120 & 1.2140 as targets. Comment: The RSI is bearish and calls for further decline. EUR/USD Intraday: the downside prevails. Pivot: 1.0700 Our preference: Short positions below 1.0700 with targets at 1.0650 & 1.0630 in extension. Alternative scenario: Above 1.0700 look for further upside with 1.0720 & 1.0745 as targets. Comment: The RSI calls for a new downleg. AUD/USD Intraday: under pressure. Pivot: 0.6940 Our preference: Short positions below 0.6940 with targets at 0.6890 & 0.6870 in extension. Alternative scenario: Above 0.6940 look for further upside with 0.6960 & 0.6980 as targets. Comment: The RSI advocates for further downside. Gold Intraday: choppy. Pivot: 1872.00 Our preference: Short positions below 1872.00 with targets at 1853.00 & 1846.00 in extension. Alternative scenario: Above 1872.00 look for further upside with 1878.00 & 1884.00 as targets. Comment: Intraday technical indicators are mixed. USD/JPY Intraday: further upside. Pivot: 131.00 Our preference: Long positions above 131.00 with targets at 131.85 & 132.40 in extension. Alternative scenario: Below 131.00 look for further downside with 130.60 & 130.10 as targets. Comment: The RSI advocates for further advance. Crude Oil (WTI)‎ (H3)‎ Intraday: intraday support around 78.75. Pivot: 78.75 Our preference: Long positions above 78.75 with targets at 80.15 & 81.10 in extension. Alternative scenario: Below 78.75 look for further downside with 77.50 & 76.50 as targets. Comment: The next resistances are at 80.15 and then at 81.10.

2023-02-10 02:06

GBP/USD Intraday: consolidation in place. Pivot: 1.2160 Our preference: Short positions below 1.2160 with targets at 1.2090 & 1.2060 in extension. Alternative scenario: Above 1.2160 look for further upside with 1.2190 & 1.2220 as targets. Comment: As long as 1.2160 is resistance, look for choppy price action with a bearish bias. EUR/USD Intraday: towards 1.0690. Pivot: 1.0770 Our preference: Short positions below 1.0770 with targets at 1.0710 & 1.0690 in extension. Alternative scenario: Above 1.0770 look for further upside with 1.0790 & 1.0810 as targets. Comment: The RSI advocates for further downside. AUD/USD Intraday: watch 0.6900. Pivot: 0.6970 Our preference: Short positions below 0.6970 with targets at 0.6920 & 0.6900 in extension. Alternative scenario: Above 0.6970 look for further upside with 0.6990 & 0.7010 as targets. Comment: The RSI is bearish and calls for further downside. Gold Intraday: under pressure. Pivot: 1875.00 Our preference: Short positions below 1875.00 with targets at 1852.00 & 1844.00 in extension. Alternative scenario: Above 1875.00 look for further upside with 1883.00 & 1890.00 as targets. Comment: The RSI is bearish and calls for further decline. USD/JPY Intraday: expect 132.20. Pivot: 130.80 Our preference: Long positions above 130.80 with targets at 131.80 & 132.20 in extension. Alternative scenario: Below 130.80 look for further downside with 130.35 & 130.00 as targets. Comment: The RSI is bullish and calls for further advance. Crude Oil (WTI)‎ (H3)‎ Intraday: consolidation in place. Pivot: 78.20 Our preference: Short positions below 78.20 with targets at 77.15 & 76.50 in extension. Alternative scenario: Above 78.20 look for further upside with 78.80 & 79.60 as targets. Comment: The RSI has just struck against its neutrality area at 50% and is reversing down.

2023-02-09 04:35

GBP/USD Intraday: watch 1.2010. Pivot: 1.2110 Our preference: Short positions below 1.2110 with targets at 1.2035 & 1.2010 in extension. Alternative scenario: Above 1.2110 look for further upside with 1.2140 & 1.2170 as targets. Comment: As long as 1.2110 is resistance, look for choppy price action with a bearish bias. EUR/USD Intraday: the downside prevails. Pivot: 1.0745 Our preference: Short positions below 1.0745 with targets at 1.0685 & 1.0665 in extension. Alternative scenario: Above 1.0745 look for further upside with 1.0765 & 1.0780 as targets. Comment: The RSI is bearish and calls for further decline. AUD/USD Intraday: under pressure. Pivot: 0.6950 Our preference: Short positions below 0.6950 with targets at 0.6905 & 0.6885 in extension. Alternative scenario: Above 0.6950 look for further upside with 0.6970 & 0.6990 as targets. Comment: The RSI is bearish and calls for further decline. Gold Intraday: range. Pivot: 1886.00 Our preference: Short positions below 1886.00 with targets at 1869.00 & 1860.00 in extension. Alternative scenario: Above 1886.00 look for further upside with 1896.00 & 1909.00 as targets. Comment: Intraday technical indicators are mixed. USD/JPY Intraday: expect 132.00. Pivot: 130.80 Our preference: Long positions above 130.80 with targets at 131.70 & 132.00 in extension. Alternative scenario: Below 130.80 look for further downside with 130.50 & 130.20 as targets. Comment: The RSI advocates for further advance. Crude Oil (WTI)‎ (H3)‎ Intraday: intraday support around 77.15. Pivot: 77.15 Our preference: Long positions above 77.15 with targets at 79.60 & 80.50 in extension. Alternative scenario: Below 77.15 look for further downside with 76.30 & 75.50 as targets. Comment: The next resistances are at 79.60 and then at 80.50.

2023-02-08 02:56

GBP/USD Intraday: the bias remains bullish. Pivot: 1.1990 Our preference: Long positions above 1.1990 with targets at 1.2095 & 1.2120 in extension. Alternative scenario: Below 1.1990 look for further downside with 1.1960 & 1.1920 as targets. Comment: The RSI calls for a rebound. EUR/USD Intraday: bullish bias above 1.0685. Pivot: 1.0685 Our preference: Long positions above 1.0685 with targets at 1.0765 & 1.0780 in extension. Alternative scenario: Below 1.0685 look for further downside with 1.0665 & 1.0640 as targets. Comment: The RSI calls for a bounce. AUD/USD Intraday: expect 0.7010. Pivot: 0.6910 Our preference: Long positions above 0.6910 with targets at 0.6985 & 0.7010 in extension. Alternative scenario: Below 0.6910 look for further downside with 0.6885 & 0.6855 as targets. Comment: The RSI calls for a new upleg. Gold Intraday: range. Pivot: 1886.00 Our preference: Short positions below 1886.00 with targets at 1860.00 & 1850.00 in extension. Alternative scenario: Above 1886.00 look for further upside with 1896.00 & 1909.00 as targets. Comment: The RSI is around its neutrality area at 50% USD/JPY Intraday: watch 130.20. Pivot: 131.70 Our preference: Short positions below 131.70 with targets at 130.50 & 130.20 in extension. Alternative scenario: Above 131.70 look for further upside with 132.00 & 132.30 as targets. Comment: The RSI advocates for further downside. Crude Oil (WTI)‎ (H3)‎ Intraday: the upside prevails. Pivot: 76.00 Our preference: Long positions above 76.00 with targets at 78.80 & 79.60 in extension. Alternative scenario: Below 76.00 look for further downside with 75.30 & 74.70 as targets. Comment: The RSI shows upside momentum.

2023-02-07 02:34

GBP/USD Intraday: key resistance at 1.2070. Pivot: 1.2070 Our preference: Short positions below 1.2070 with targets at 1.2000 & 1.1960 in extension. Alternative scenario: Above 1.2070 look for further upside with 1.2100 & 1.2130 as targets. Comment: As long as the resistance at 1.2070 is not surpassed, the risk of the break below 1.2000 remains high. EUR/USD Intraday: the downside prevails. Pivot: 1.0770 Our preference: Short positions below 1.0770 with targets at 1.0700 & 1.0670 in extension. Alternative scenario: Above 1.0770 look for further upside with 1.0800 & 1.0830 as targets. Comment: The RSI calls for a new downleg. AUD/USD Intraday: under pressure. Pivot: 0.6925 Our preference: Short positions below 0.6925 with targets at 0.6855 & 0.6830 in extension. Alternative scenario: Above 0.6925 look for further upside with 0.6950 & 0.6970 as targets. Comment: The RSI advocates for further downside. Gold Intraday: look for 1850.00. Pivot: 1881.00 Our preference: Short positions below 1881.00 with targets at 1860.00 & 1850.00 in extension. Alternative scenario: Above 1881.00 look for further upside with 1896.00 & 1909.00 as targets. Comment: The RSI is bearish and calls for further downside. USD/JPY Intraday: watch 133.60. Pivot: 132.00 Our preference: Long positions above 132.00 with targets at 133.20 & 133.60 in extension. Alternative scenario: Below 132.00 look for further downside with 131.60 & 131.20 as targets. Comment: The RSI is bullish and calls for further advance. Crude Oil (WTI)‎ (H3)‎ Intraday: rebound expected. Pivot: 73.10 Our preference: Long positions above 73.10 with targets at 75.20 & 76.60 in extension. Alternative scenario: Below 73.10 look for further downside with 72.25 & 71.70 as targets. Comment: The RSI calls for a rebound.

2023-02-03 03:37

GBP/USD Intraday: the downside prevails. Pivot: 1.2290 Our preference: Short positions below 1.2290 with targets at 1.2180 & 1.2140 in extension. Alternative scenario: Above 1.2290 look for further upside with 1.2330 & 1.2370 as targets. Comment: The RSI lacks upward momentum. EUR/USD Intraday: under pressure. Pivot: 1.0950 Our preference: Short positions below 1.0950 with targets at 1.0880 & 1.0850 in extension. Alternative scenario: Above 1.0950 look for further upside with 1.0980 & 1.1010 as targets. Comment: Technically the RSI is below its neutrality area at 50. AUD/USD Intraday: watch 0.7055. Pivot: 0.7110 Our preference: Short positions below 0.7110 with targets at 0.7055 & 0.7030 in extension. Alternative scenario: Above 0.7110 look for further upside with 0.7135 & 0.7160 as targets. Comment: A break below 0.7055 would trigger a drop towards 0.7030. Gold Intraday: under pressure. Pivot: 1930.00 Our preference: Short positions below 1930.00 with targets at 1900.00 & 1885.00 in extension. Alternative scenario: Above 1930.00 look for further upside with 1940.00 & 1949.00 as targets. Comment: The RSI has broken down its 30 level. USD/JPY Intraday: rebound expected. Pivot: 128.10 Our preference: Long positions above 128.10 with targets at 129.10 & 129.45 in extension. Alternative scenario: Below 128.10 look for further downside with 127.70 & 127.40 as targets. Comment: The RSI calls for a rebound. Crude Oil (WTI)‎ (H3)‎ Intraday: the downside prevails. Pivot: 76.90 Our preference: Short positions below 76.90 with targets at 75.00 & 74.40 in extension. Alternative scenario: Above 76.90 look for further upside with 77.40 & 78.00 as targets. Comment: As long as the resistance at 76.90 is not surpassed, the risk of the break below 75.00 remains high.