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Publish Date: Wed, 30 Nov 2022, 03:34 AM
EUR/USD Intraday: under pressure.
Pivot:
1.0360
Our preference:
Short positions below 1.0360 with targets at 1.0300 & 1.0270 in extension.
Alternative scenario:
Above 1.0360 look for further upside with 1.0380 & 1.0395 as targets.
Comment:
The RSI is bearish and calls for further decline.
Gold Intraday: watch 1733.00.
Pivot:
1759.00
Our preference:
Short positions below 1759.00 with targets at 1739.00 & 1733.00 in extension.
Alternative scenario:
Above 1759.00 look for further upside with 1764.00 & 1770.00 as targets.
Comment:
As long as the resistance at 1759.00 is not surpassed, the risk of the break below 1739.00 remains high.
Crude Oil (WTI) (F3) Intraday: bullish bias above 77.70.
Pivot:
77.70
Our preference:
Long positions above 77.70 with targets at 79.70 & 80.40 in extension.
Alternative scenario:
Below 77.70 look for further downside with 77.10 & 76.40 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
GBP/USD Intraday: the downside prevails.
Pivot:
1.2000
Our preference:
Short positions below 1.2000 with targets at 1.1910 & 1.1880 in extension.
Alternative scenario:
Above 1.2000 look for further upside with 1.2030 & 1.2060 as targets.
Comment:
The RSI advocates for further decline.
USD/JPY Intraday: towards 139.35.
Pivot:
138.20
Our preference:
Long positions above 138.20 with targets at 139.00 & 139.35 in extension.
Alternative scenario:
Below 138.20 look for further downside with 137.90 & 137.50 as targets.
Comment:
The RSI calls for a bounce.
AUD/USD Intraday: watch 0.6620.
Pivot:
0.6710
Our preference:
Short positions below 0.6710 with targets at 0.6640 & 0.6620 in extension.
Alternative scenario:
Above 0.6710 look for further upside with 0.6730 & 0.6750 as targets.
Comment:
The RSI is bearish and calls for further downside.