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Publish Date: Tue, 22 Nov 2022, 10:43 AM
EUR/USD Intraday: under pressure.
Pivot:
1.0260
Our preference:
Short positions below 1.0260 with targets at 1.0220 & 1.0200 in extension.
Alternative scenario:
Above 1.0260 look for further upside with 1.0280 & 1.0305 as targets.
Comment:
As long as the resistance at 1.0260 is not surpassed, the risk of the break below 1.0220 remains high.
Gold Intraday: watch 1731.00.
Pivot:
1746.00
Our preference:
Short positions below 1746.00 with targets at 1731.00 & 1725.00 in extension.
Alternative scenario:
Above 1746.00 look for further upside with 1753.00 & 1760.00 as targets.
Comment:
A break below 1731.00 would trigger a drop towards 1725.00.
Crude Oil (WTI) (F3) Intraday: expect 82.40.
Pivot:
78.70
Our preference:
Long positions above 78.70 with targets at 81.20 & 82.40 in extension.
Alternative scenario:
Below 78.70 look for further downside with 77.60 & 75.20 as targets.
Comment:
The RSI is bullish and calls for further upside.
GBP/USD Intraday: rebound expected.
Pivot:
1.1780
Our preference:
Long positions above 1.1780 with targets at 1.1840 & 1.1865 in extension.
Alternative scenario:
Below 1.1780 look for further downside with 1.1760 & 1.1740 as targets.
Comment:
The RSI has just landed on its neutrality area at 50% and is turning up.
USD/JPY Intraday: further advance.
Pivot:
141.40
Our preference:
Long positions above 141.40 with targets at 142.60 & 143.00 in extension.
Alternative scenario:
Below 141.40 look for further downside with 141.00 & 140.60 as targets.
Comment:
The RSI is bullish and calls for further upside.
AUD/USD Intraday: rebound expected.
Pivot:
0.6595
Our preference:
Long positions above 0.6595 with targets at 0.6630 & 0.6650 in extension.
Alternative scenario:
Below 0.6595 look for further downside with 0.6580 & 0.6565 as targets.
Comment:
The RSI calls for a rebound.