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Publish Date: Fri, 27 Jan 2023, 02:49 AM
GBP/USD Intraday: the upside prevails.
Pivot:
1.2370
Our preference:
Long positions above 1.2370 with targets at 1.2440 & 1.2465 in extension.
Alternative scenario:
Below 1.2370 look for further downside with 1.2340 & 1.2310 as targets.
Comment:
The RSI is bullish and calls for further upside.
EUR/USD Intraday: rebound expected.
Pivot:
1.0865
Our preference:
Long positions above 1.0865 with targets at 1.0910 & 1.0930 in extension.
Alternative scenario:
Below 1.0865 look for further downside with 1.0850 & 1.0830 as targets.
Comment:
The RSI calls for a rebound.
AUD/USD Intraday: the upside prevails.
Pivot:
0.7095
Our preference:
Long positions above 0.7095 with targets at 0.7140 & 0.7160 in extension.
Alternative scenario:
Below 0.7095 look for further downside with 0.7075 & 0.7060 as targets.
Comment:
The break above 0.7095 is a positive signal that has opened a path to 0.7140.
Gold Intraday: bullish bias above 1919.00.
Pivot:
1919.00
Our preference:
Long positions above 1919.00 with targets at 1937.00 & 1943.00 in extension.
Alternative scenario:
Below 1919.00 look for further downside with 1912.00 & 1903.00 as targets.
Comment:
A support base at 1919.00 has formed and has allowed for a temporary stabilisation.
USD/JPY Intraday: the downside prevails.
Pivot:
130.20
Our preference:
Short positions below 130.20 with targets at 129.40 & 129.00 in extension.
Alternative scenario:
Above 130.20 look for further upside with 130.60 & 131.00 as targets.
Comment:
The RSI calls for a new downleg.
Crude Oil (WTI) (H3) Intraday: bullish bias above 80.40.
Pivot:
80.40
Our preference:
Long positions above 80.40 with targets at 81.70 & 82.20 in extension.
Alternative scenario:
Below 80.40 look for further downside with 79.90 & 79.40 as targets.
Comment:
The RSI has just landed on its neutrality area at 50% and is turning up.