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Publish Date: Tue, 27 Dec 2022, 03:38 AM
GBP/USD Intraday: further upside.
Pivot:
1.2050
Our preference:
Long positions above 1.2050 with targets at 1.2100 & 1.2125 in extension.
Alternative scenario:
Below 1.2050 look for further downside with 1.2025 & 1.2000 as targets.
Comment:
The RSI calls for a new upleg.
EUR/USD Intraday: further advance.
Pivot:
1.0620
Our preference:
Long positions above 1.0620 with targets at 1.0655 & 1.0670 in extension.
Alternative scenario:
Below 1.0620 look for further downside with 1.0605 & 1.0590 as targets.
Comment:
The RSI is bullish and calls for further advance.
AUD/USD Intraday: the upside prevails.
Pivot:
0.6715
Our preference:
Long positions above 0.6715 with targets at 0.6765 & 0.6780 in extension.
Alternative scenario:
Below 0.6715 look for further downside with 0.6700 & 0.6685 as targets.
Comment:
The RSI advocates for further upside.
Gold Intraday: bullish bias above 1791.00.
Pivot:
1791.00
Our preference:
Long positions above 1791.00 with targets at 1808.00 & 1815.00 in extension.
Alternative scenario:
Below 1791.00 look for further downside with 1783.00 & 1777.00 as targets.
Comment:
The RSI calls for a bounce.
USD/JPY Intraday: turning down.
Pivot:
133.00
Our preference:
Short positions below 133.00 with targets at 132.40 & 132.20 in extension.
Alternative scenario:
Above 133.00 look for further upside with 133.20 & 133.40 as targets.
Comment:
The RSI calls for a new downleg.
Crude Oil (WTI) (G3) Intraday: further upside.
Pivot:
79.00
Our preference:
Long positions above 79.00 with targets at 81.60 & 82.80 in extension.
Alternative scenario:
Below 79.00 look for further downside with 78.00 & 77.00 as targets.
Comment:
The RSI shows upside momentum.