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Publish Date: Thu, 30 Mar 2023, 03:03 AM
AUD/USD Intraday: intraday support around 0.6660.
Pivot:
0.6660
Our preference:
Long positions above 0.6660 with targets at 0.6695 & 0.6710 in extension.
Alternative scenario:
Below 0.6660 look for further downside with 0.6645 & 0.6630 as targets.
Comment:
A support base at 0.6660 has formed and has allowed for a temporary stabilisation.
Gold Intraday: expect 1950.00.
Pivot:
1972.00
Our preference:
Short positions below 1972.00 with targets at 1958.00 & 1950.00 in extension.
Alternative scenario:
Above 1972.00 look for further upside with 1979.00 & 1987.00 as targets.
Comment:
A break below 1958.00 would trigger a drop towards 1950.00.
Crude Oil (WTI) (K3) Intraday: under pressure.
Pivot:
73.85
Our preference:
Short positions below 73.85 with targets at 72.30 & 71.50 in extension.
Alternative scenario:
Above 73.85 look for further upside with 74.35 & 74.85 as targets.
Comment:
The RSI is below its neutrality area at 50%
EUR/USD Intraday: bullish bias above 1.0815.
Pivot:
1.0815
Our preference:
Long positions above 1.0815 with targets at 1.0870 & 1.0890 in extension.
Alternative scenario:
Below 1.0815 look for further downside with 1.0800 & 1.0780 as targets.
Comment:
The RSI calls for a bounce.
GBP/USD Intraday: bullish bias above 1.2280.
Pivot:
1.2280
Our preference:
Long positions above 1.2280 with targets at 1.2340 & 1.2360 in extension.
Alternative scenario:
Below 1.2280 look for further downside with 1.2260 & 1.2240 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
USD/JPY Intraday: watch 133.50.
Pivot:
132.00
Our preference:
Long positions above 132.00 with targets at 133.00 & 133.50 in extension.
Alternative scenario:
Below 132.00 look for further downside with 131.60 & 131.30 as targets.
Comment:
The RSI advocates for further upside.