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Publish Date: Tue, 04 Apr 2023, 03:05 AM
AUD/USD Intraday: further advance.
Pivot:
0.6740
Our preference:
Long positions above 0.6740 with targets at 0.6820 & 0.6845 in extension.
Alternative scenario:
Below 0.6740 look for further downside with 0.6710 & 0.6680 as targets.
Comment:
The RSI is bullish and calls for further advance.
Gold Intraday: 2003.00 expected.
Pivot:
1972.00
Our preference:
Long positions above 1972.00 with targets at 1995.00 & 2003.00 in extension.
Alternative scenario:
Below 1972.00 look for further downside with 1964.00 & 1957.00 as targets.
Comment:
The RSI is bullish and calls for further advance.
Crude Oil (WTI) (K3) Intraday: intraday support around 79.00.
Pivot:
79.00
Our preference:
Long positions above 79.00 with targets at 81.65 & 82.30 in extension.
Alternative scenario:
Below 79.00 look for further downside with 78.00 & 77.00 as targets.
Comment:
A support base at 79.00 has formed and has allowed for a temporary stabilisation.
EUR/USD Intraday: the upside prevails.
Pivot:
1.0870
Our preference:
Long positions above 1.0870 with targets at 1.0925 & 1.0950 in extension.
Alternative scenario:
Below 1.0870 look for further downside with 1.0850 & 1.0830 as targets.
Comment:
The RSI is bullish and calls for further upside.
GBP/USD Intraday: further upside.
Pivot:
1.2370
Our preference:
Long positions above 1.2370 with targets at 1.2460 & 1.2490 in extension.
Alternative scenario:
Below 1.2370 look for further downside with 1.2350 & 1.2330 as targets.
Comment:
The RSI advocates for further advance.
USD/JPY Intraday: the downside prevails.
Pivot:
132.80
Our preference:
Short positions below 132.80 with targets at 131.90 & 131.60 in extension.
Alternative scenario:
Above 132.80 look for further upside with 133.10 & 133.40 as targets.
Comment:
The RSI advocates for further decline.