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Publish Date: Tue, 13 Dec 2022, 03:29 AM
GBP/USD Intraday: bullish bias above 1.2235.
Pivot:
1.2235
Our preference:
Long positions above 1.2235 with targets at 1.2300 & 1.2325 in extension.
Alternative scenario:
Below 1.2235 look for further downside with 1.2205 & 1.2180 as targets.
Comment:
A support base at 1.2235 has formed and has allowed for a temporary stabilisation.
EUR/USD Intraday: key resistance at 1.0555.
Pivot:
1.0555
Our preference:
Short positions below 1.0555 with targets at 1.0505 & 1.0490 in extension.
Alternative scenario:
Above 1.0555 look for further upside with 1.0575 & 1.0590 as targets.
Comment:
The upward potential is likely to be limited by the resistance at 1.0555.
AUD/USD Intraday: key resistance at 0.6775.
Pivot:
0.6775
Our preference:
Short positions below 0.6775 with targets at 0.6725 & 0.6705 in extension.
Alternative scenario:
Above 0.6775 look for further upside with 0.6795 & 0.6815 as targets.
Comment:
As long as the resistance at 0.6775 is not surpassed, the risk of the break below 0.6725 remains high.
Gold Intraday: the downside prevails.
Pivot:
1789.00
Our preference:
Short positions below 1789.00 with targets at 1775.00 & 1770.00 in extension.
Alternative scenario:
Above 1789.00 look for further upside with 1795.00 & 1800.00 as targets.
Comment:
Technically the RSI is below its neutrality area at 50.
USD/JPY Intraday: the upside prevails.
Pivot:
137.10
Our preference:
Long positions above 137.10 with targets at 138.00 & 138.30 in extension.
Alternative scenario:
Below 137.10 look for further downside with 136.65 & 136.30 as targets.
Comment:
Technically the RSI is above its neutrality area at 50.
Crude Oil (WTI) (F3) Intraday: intraday support around 72.25.
Pivot:
72.25
Our preference:
Long positions above 72.25 with targets at 74.20 & 75.40 in extension.
Alternative scenario:
Below 72.25 look for further downside with 71.10 & 70.25 as targets.
Comment:
The next resistances are at 74.20 and then at 75.40.