newsroom
Publish Date: Tue, 25 Apr 2023, 04:13 AM
AUD/USD Intraday: watch 0.6730.
Pivot:
0.6680
Our preference:
Long positions above 0.6680 with targets at 0.6715 & 0.6730 in extension.
Alternative scenario:
Below 0.6680 look for further downside with 0.6665 & 0.6650 as targets.
Comment:
The RSI is bullish and calls for further upside.
Gold Intraday: continuation of the rebound.
Pivot:
1983.00
Our preference:
Long positions above 1983.00 with targets at 1998.00 & 2004.00 in extension.
Alternative scenario:
Below 1983.00 look for further downside with 1977.00 & 1972.00 as targets.
Comment:
The RSI is bullish and calls for further upside.
Crude Oil (WTI) (M3) Intraday: bullish bias above 77.90.
Pivot:
77.90
Our preference:
Long positions above 77.90 with targets at 79.30 & 79.90 in extension.
Alternative scenario:
Below 77.90 look for further downside with 77.20 & 76.70 as targets.
Comment:
The RSI is mixed with a bullish bias.
EUR/USD Intraday: the upside prevails.
Pivot:
1.1020
Our preference:
Long positions above 1.1020 with targets at 1.1075 & 1.1100 in extension.
Alternative scenario:
Below 1.1020 look for further downside with 1.1000 & 1.0980 as targets.
Comment:
The RSI is bullish and calls for further advance.
GBP/USD Intraday: further upside.
Pivot:
1.2460
Our preference:
Long positions above 1.2460 with targets at 1.2520 & 1.2540 in extension.
Alternative scenario:
Below 1.2460 look for further downside with 1.2440 & 1.2420 as targets.
Comment:
The RSI shows upside momentum.
USD/JPY Intraday: expect 133.55.
Pivot:
134.45
Our preference:
Short positions below 134.45 with targets at 133.80 & 133.55 in extension.
Alternative scenario:
Above 134.45 look for further upside with 134.60 & 134.75 as targets.
Comment:
The RSI advocates for further decline.