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Publish Date: Wed, 22 Mar 2023, 03:20 AM
AUD/USD Intraday: key resistance at 0.6690.
Pivot:
0.6690
Our preference:
Short positions below 0.6690 with targets at 0.6650 & 0.6630 in extension.
Alternative scenario:
Above 0.6690 look for further upside with 0.6710 & 0.6730 as targets.
Comment:
As long as 0.6690 is resistance, look for choppy price action with a bearish bias.
Gold Intraday: look for 1914.00.
Pivot:
1963.00
Our preference:
Short positions below 1963.00 with targets at 1926.00 & 1914.00 in extension.
Alternative scenario:
Above 1963.00 look for further upside with 1974.00 & 1985.00 as targets.
Comment:
The RSI is mixed with a bearish bias.
Crude Oil (WTI) (K3) Intraday: intraday support around 68.00.
Pivot:
68.00
Our preference:
Long positions above 68.00 with targets at 70.70 & 72.20 in extension.
Alternative scenario:
Below 68.00 look for further downside with 66.80 & 65.80 as targets.
Comment:
The RSI is bullish and calls for further upside.
EUR/USD Intraday: the upside prevails.
Pivot:
1.0740
Our preference:
Long positions above 1.0740 with targets at 1.0790 & 1.0810 in extension.
Alternative scenario:
Below 1.0740 look for further downside with 1.0720 & 1.0700 as targets.
Comment:
The RSI calls for a bounce.
GBP/USD Intraday: watch 1.2260.
Pivot:
1.2185
Our preference:
Long positions above 1.2185 with targets at 1.2240 & 1.2260 in extension.
Alternative scenario:
Below 1.2185 look for further downside with 1.2160 & 1.2135 as targets.
Comment:
The RSI calls for a rebound.
USD/JPY Intraday: further upside.
Pivot:
132.00
Our preference:
Long positions above 132.00 with targets at 132.90 & 133.30 in extension.
Alternative scenario:
Below 132.00 look for further downside with 131.75 & 131.40 as targets.
Comment:
The RSI is bullish and calls for further advance.