newsroom
Publish Date: Thu, 15 Dec 2022, 04:19 AM
GBP/USD Intraday: bullish bias above 1.2370.
Pivot:
1.2370
Our preference:
Long positions above 1.2370 with targets at 1.2460 & 1.2490 in extension.
Alternative scenario:
Below 1.2370 look for further downside with 1.2340 & 1.2310 as targets.
Comment:
A support base at 1.2370 has formed and has allowed for a temporary stabilisation.
EUR/USD Intraday: the upside prevails.
Pivot:
1.0635
Our preference:
Long positions above 1.0635 with targets at 1.0700 & 1.0725 in extension.
Alternative scenario:
Below 1.0635 look for further downside with 1.0610 & 1.0585 as targets.
Comment:
Technically the RSI is above its neutrality area at 50.
AUD/USD Intraday: bullish bias above 0.6820.
Pivot:
0.6820
Our preference:
Long positions above 0.6820 with targets at 0.6895 & 0.6920 in extension.
Alternative scenario:
Below 0.6820 look for further downside with 0.6790 & 0.6760 as targets.
Comment:
A support base at 0.6820 has formed and has allowed for a temporary stabilisation.
Gold Intraday: key resistance at 1814.00.
Pivot:
1814.00
Our preference:
Short positions below 1814.00 with targets at 1800.00 & 1795.00 in extension.
Alternative scenario:
Above 1814.00 look for further upside with 1819.00 & 1824.00 as targets.
Comment:
As long as the resistance at 1814.00 is not surpassed, the risk of the break below 1800.00 remains high.
USD/JPY Intraday: key resistance at 135.90.
Pivot:
135.90
Our preference:
Short positions below 135.90 with targets at 134.70 & 134.30 in extension.
Alternative scenario:
Above 135.90 look for further upside with 136.40 & 136.85 as targets.
Comment:
The upward potential is likely to be limited by the resistance at 135.90.
Crude Oil (WTI) (F3) Intraday: the bias remains bullish.
Pivot:
76.35
Our preference:
Long positions above 76.35 with targets at 78.70 & 79.60 in extension.
Alternative scenario:
Below 76.35 look for further downside with 75.00 & 73.40 as targets.
Comment:
The RSI shows upside momentum.