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Publish Date: Mon, 03 Apr 2023, 01:58 AM
AUD/USD Intraday: under pressure.
Pivot:
0.6685
Our preference:
Short positions below 0.6685 with targets at 0.6640 & 0.6620 in extension.
Alternative scenario:
Above 0.6685 look for further upside with 0.6700 & 0.6715 as targets.
Comment:
The RSI is bearish and calls for further downside.
Gold Intraday: under pressure.
Pivot:
1972.00
Our preference:
Short positions below 1972.00 with targets at 1955.00 & 1948.00 in extension.
Alternative scenario:
Above 1972.00 look for further upside with 1977.00 & 1982.00 as targets.
Comment:
The RSI has broken down its 30 level.
Crude Oil (WTI) (K3) Intraday: the upside prevails.
Pivot:
79.40
Our preference:
Long positions above 79.40 with targets at 82.10 & 83.00 in extension.
Alternative scenario:
Below 79.40 look for further downside with 78.00 & 77.00 as targets.
Comment:
The RSI shows upside momentum.
EUR/USD Intraday: under pressure.
Pivot:
1.0850
Our preference:
Short positions below 1.0850 with targets at 1.0790 & 1.0760 in extension.
Alternative scenario:
Above 1.0850 look for further upside with 1.0880 & 1.0900 as targets.
Comment:
The RSI has broken down its 30 level.
GBP/USD Intraday: the downside prevails.
Pivot:
1.2350
Our preference:
Short positions below 1.2350 with targets at 1.2280 & 1.2240 in extension.
Alternative scenario:
Above 1.2350 look for further upside with 1.2370 & 1.2390 as targets.
Comment:
The RSI has broken down its 30 level.
USD/JPY Intraday: the bias remains bullish.
Pivot:
132.65
Our preference:
Long positions above 132.65 with targets at 133.60 & 133.85 in extension.
Alternative scenario:
Below 132.65 look for further downside with 132.40 & 132.20 as targets.
Comment:
The RSI calls for a bounce.