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Publish Date: Tue, 15 Nov 2022, 06:29 AM
EUR/USD Intraday: watch 1.0270.
Pivot:
1.0360
Our preference:
Short positions below 1.0360 with targets at 1.0290 & 1.0270 in extension.
Alternative scenario:
Above 1.0360 look for further upside with 1.0380 & 1.0400 as targets.
Comment:
As long as 1.0360 is resistance, look for choppy price action with a bearish bias.
Gold Intraday: target 1795.00.
Pivot:
1759.00
Our preference:
Long positions above 1759.00 with targets at 1784.00 & 1795.00 in extension.
Alternative scenario:
Below 1759.00 look for further downside with 1752.00 & 1742.00 as targets.
Comment:
The RSI is bullish and calls for further advance.
Crude Oil (WTI) (Z2) Intraday: key resistance at 86.70.
Pivot:
86.70
Our preference:
Short positions below 86.70 with targets at 84.30 & 83.60 in extension.
Alternative scenario:
Above 86.70 look for further upside with 87.50 & 88.40 as targets.
Comment:
The RSI has broken down its 30 level.
GBP/USD Intraday: target 1.1680.
Pivot:
1.1800
Our preference:
Short positions below 1.1800 with targets at 1.1710 & 1.1680 in extension.
Alternative scenario:
Above 1.1800 look for further upside with 1.1830 & 1.1855 as targets.
Comment:
As long as the resistance at 1.1800 is not surpassed, the risk of the break below 1.1710 remains high.
USD/JPY Intraday: the bias remains bullish.
Pivot:
139.30
Our preference:
Long positions above 139.30 with targets at 140.70 & 141.10 in extension.
Alternative scenario:
Below 139.30 look for further downside with 138.90 & 138.45 as targets.
Comment:
The RSI calls for a bounce.
AUD/USD Intraday: consolidation.
Pivot:
0.6725
Our preference:
Short positions below 0.6725 with targets at 0.6675 & 0.6660 in extension.
Alternative scenario:
Above 0.6725 look for further upside with 0.6740 & 0.6760 as targets.
Comment:
The RSI is mixed with a bearish bias.