newsroom
Publish Date: Thu, 01 Jun 2023, 02:41 AM
AUD/USD Intraday: towards 0.6540.
Pivot:
0.6480
Our preference:
Long positions above 0.6480 with targets at 0.6520 & 0.6540 in extension.
Alternative scenario:
Below 0.6480 look for further downside with 0.6460 & 0.6440 as targets.
Comment:
The RSI advocates for further upside.
Crude Oil (WTI) (N3) Intraday: under pressure.
Pivot:
69.15
Our preference:
Short positions below 69.15 with targets at 67.10 & 66.00 in extension.
Alternative scenario:
Above 69.15 look for further upside with 70.10 & 71.25 as targets.
Comment:
The RSI is below its neutrality area at 50%
EUR/USD Intraday: continuation of the rebound.
Pivot:
1.0665
Our preference:
Long positions above 1.0665 with targets at 1.0715 & 1.0735 in extension.
Alternative scenario:
Below 1.0665 look for further downside with 1.0650 & 1.0635 as targets.
Comment:
The RSI shows upside momentum.
GBP/USD Intraday: 1.2500 in sight.
Pivot:
1.2400
Our preference:
Long positions above 1.2400 with targets at 1.2470 & 1.2500 in extension.
Alternative scenario:
Below 1.2400 look for further downside with 1.2375 & 1.2350 as targets.
Comment:
The RSI is bullish and calls for further upside.
USD/JPY Intraday: under pressure.
Pivot:
139.65
Our preference:
Short positions below 139.65 with targets at 138.60 & 138.20 in extension.
Alternative scenario:
Above 139.65 look for further upside with 140.05 & 140.35 as targets.
Comment:
The RSI has broken down its 30 level.