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Publish Date: Mon, 30 Jan 2023, 03:16 AM
GBP/USD Intraday: the bias remains bullish.
Pivot:
1.2350
Our preference:
Long positions above 1.2350 with targets at 1.2430 & 1.2460 in extension.
Alternative scenario:
Below 1.2350 look for further downside with 1.2330 & 1.2310 as targets.
Comment:
The RSI advocates for further advance.
EUR/USD Intraday: bullish bias above 1.0835.
Pivot:
1.0835
Our preference:
Long positions above 1.0835 with targets at 1.0890 & 1.0910 in extension.
Alternative scenario:
Below 1.0835 look for further downside with 1.0820 & 1.0800 as targets.
Comment:
The RSI calls for a bounce.
AUD/USD Intraday: bullish bias above 0.7080.
Pivot:
0.7080
Our preference:
Long positions above 0.7080 with targets at 0.7125 & 0.7140 in extension.
Alternative scenario:
Below 0.7080 look for further downside with 0.7060 & 0.7040 as targets.
Comment:
A support base at 0.7080 has formed and has allowed for a temporary stabilisation.
Gold Intraday: intraday support around 1918.00.
Pivot:
1918.00
Our preference:
Long positions above 1918.00 with targets at 1935.00 & 1942.00 in extension.
Alternative scenario:
Below 1918.00 look for further downside with 1911.00 & 1906.00 as targets.
Comment:
A support base at 1918.00 has formed and has allowed for a temporary stabilisation.
USD/JPY Intraday: the downside prevails.
Pivot:
130.25
Our preference:
Short positions below 130.25 with targets at 129.55 & 129.25 in extension.
Alternative scenario:
Above 130.25 look for further upside with 130.60 & 131.00 as targets.
Comment:
As long as the resistance at 130.25 is not surpassed, the risk of the break below 129.55 remains high.
Crude Oil (WTI) (H3) Intraday: bounce.
Pivot:
79.35
Our preference:
Long positions above 79.35 with targets at 80.90 & 81.50 in extension.
Alternative scenario:
Below 79.35 look for further downside with 79.00 & 78.50 as targets.
Comment:
The RSI calls for a rebound.