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Publish Date: Tue, 14 Mar 2023, 01:59 AM
AUD/USD Intraday: the bias remains bullish.
Pivot:
0.6630
Our preference:
Long positions above 0.6630 with targets at 0.6690 & 0.6715 in extension.
Alternative scenario:
Below 0.6630 look for further downside with 0.6610 & 0.6580 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Gold Intraday: aim @ 1936.00.
Pivot:
1893.00
Our preference:
Long positions above 1893.00 with targets at 1923.00 & 1936.00 in extension.
Alternative scenario:
Below 1893.00 look for further downside with 1883.00 & 1872.00 as targets.
Comment:
The RSI is bullish and calls for further upside.
Crude Oil (WTI) (J3) Intraday: expect 72.85.
Pivot:
76.10
Our preference:
Short positions below 76.10 with targets at 73.80 & 72.85 in extension.
Alternative scenario:
Above 76.10 look for further upside with 77.20 & 78.00 as targets.
Comment:
The RSI is below its neutrality area at 50%
EUR/USD Intraday: further upside.
Pivot:
1.0680
Our preference:
Long positions above 1.0680 with targets at 1.0760 & 1.0790 in extension.
Alternative scenario:
Below 1.0680 look for further downside with 1.0650 & 1.0620 as targets.
Comment:
The RSI calls for a bounce.
GBP/USD Intraday: the upside prevails.
Pivot:
1.2100
Our preference:
Long positions above 1.2100 with targets at 1.2230 & 1.2270 in extension.
Alternative scenario:
Below 1.2100 look for further downside with 1.2070 & 1.2045 as targets.
Comment:
The RSI advocates for further advance.
USD/JPY Intraday: rebound.
Pivot:
132.60
Our preference:
Long positions above 132.60 with targets at 133.80 & 134.20 in extension.
Alternative scenario:
Below 132.60 look for further downside with 132.30 & 131.90 as targets.
Comment:
The RSI calls for a bounce.