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Publish Date: Mon, 21 Nov 2022, 02:13 AM
EUR/USD Intraday: the downside prevails.
Pivot:
1.0355
Our preference:
Short positions below 1.0355 with targets at 1.0300 & 1.0285 in extension.
Alternative scenario:
Above 1.0355 look for further upside with 1.0375 & 1.0395 as targets.
Comment:
Technically the RSI is below its neutrality area at 50.
Gold Intraday: key resistance at 1760.00.
Pivot:
1760.00
Our preference:
Short positions below 1760.00 with targets at 1742.00 & 1736.00 in extension.
Alternative scenario:
Above 1760.00 look for further upside with 1766.00 & 1772.00 as targets.
Comment:
As long as the resistance at 1760.00 is not surpassed, the risk of the break below 1742.00
Crude Oil (WTI) (F3) Intraday: intraday support around 78.40.
Pivot:
78.40
Our preference:
Long positions above 78.40 with targets at 81.30 & 82.40 in extension.
Alternative scenario:
Below 78.40 look for further downside with 77.60 & 76.80 as targets.
Comment:
The next resistances are at 81.30 and then at 82.40.
GBP/USD Intraday: bullish bias above 1.1855.
Pivot:
1.1855
Our preference:
Long positions above 1.1855 with targets at 1.1925 & 1.1950 in extension.
Alternative scenario:
Below 1.1855 look for further downside with 1.1820 & 1.1785 as targets.
Comment:
A support base at 1.1855 has formed and has allowed for a temporary stabilisation.
USD/JPY Intraday: the upside prevails.
Pivot:
139.95
Our preference:
Long positions above 139.95 with targets at 140.75 & 141.10 in extension.
Alternative scenario:
Below 139.95 look for further downside with 139.65 & 139.35 as targets.
Comment:
The RSI calls for a new upleg.
AUD/USD Intraday: key resistance at 0.6700.
Pivot:
0.6700
Our preference:
Short positions below 0.6700 with targets at 0.6650 & 0.6635 in extension.
Alternative scenario:
Above 0.6700 look for further upside with 0.6730 & 0.6750 as targets.
Comment:
As long as the resistance at 0.6700 is not surpassed, the risk of the break below 0.6650 remains high.