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Publish Date: Thu, 15 Jun 2023, 02:37 AM
AUD/USD Intraday: bullish bias above 0.6775.
Pivot:
0.6775
Our preference:
Long positions above 0.6775 with targets at 0.6815 & 0.6835 in extension.
Alternative scenario:
Below 0.6775 look for further downside with 0.6755 & 0.6735 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Gold Intraday: under pressure.
Pivot:
1952.00
Our preference:
Short positions below 1952.00 with targets at 1939.00 & 1933.00 in extension.
Alternative scenario:
Above 1952.00 look for further upside with 1960.00 & 1966.00 as targets.
Comment:
As long as the resistance at 1952.00 is not surpassed, the risk of the break below 1939.00 remains high.
Crude Oil (WTI) (N3) Intraday: key resistance at 69.30.
Pivot:
69.30
Our preference:
Short positions below 69.30 with targets at 68.10 & 67.50 in extension.
Alternative scenario:
Above 69.30 look for further upside with 69.80 & 70.50 as targets.
Comment:
The RSI is bearish and calls for further decline.
EUR/USD Intraday: bullish bias above 1.0805.
Pivot:
1.0805
Our preference:
Long positions above 1.0805 with targets at 1.0865 & 1.0880 in extension.
Alternative scenario:
Below 1.0805 look for further downside with 1.0790 & 1.0770 as targets.
Comment:
The RSI calls for a bounce.
GBP/USD Intraday: the bias remains bullish.
Pivot:
1.2630
Our preference:
Long positions above 1.2630 with targets at 1.2700 & 1.2720 in extension.
Alternative scenario:
Below 1.2630 look for further downside with 1.2610 & 1.2590 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
USD/JPY Intraday: further advance.
Pivot:
139.70
Our preference:
Long positions above 139.70 with targets at 140.30 & 140.60 in extension.
Alternative scenario:
Below 139.70 look for further downside with 139.50 & 139.30 as targets.
Comment:
The RSI is bullish and calls for further upside.