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Publish Date: Wed, 21 Jun 2023, 04:55 AM
AUD/USD Intraday: rebound expected.
Pivot:
0.6765
Our preference:
Long positions above 0.6765 with targets at 0.6805 & 0.6820 in extension.
Alternative scenario:
Below 0.6765 look for further downside with 0.6750 & 0.6735 as targets.
Comment:
The RSI shows upside momentum.
Gold Intraday: key resistance at 1945.00.
Pivot:
1945.00
Our preference:
Short positions below 1945.00 with targets at 1930.00 & 1925.00 in extension.
Alternative scenario:
Above 1945.00 look for further upside with 1950.00 & 1956.00 as targets.
Comment:
As long as the resistance at 1945.00 is not surpassed, the risk of the break below 1930.00 remains high.
Crude Oil (WTI) (Q3) Intraday: bullish bias above 70.35.
Pivot:
70.35
Our preference:
Long positions above 70.35 with targets at 71.40 & 71.75 in extension.
Alternative scenario:
Below 70.35 look for further downside with 69.75 & 68.90 as targets.
Comment:
The RSI is mixed to bullish.
EUR/USD Intraday: bullish bias above 1.0890.
Pivot:
1.0890
Our preference:
Long positions above 1.0890 with targets at 1.0940 & 1.0955 in extension.
Alternative scenario:
Below 1.0890 look for further downside with 1.0875 & 1.0860 as targets.
Comment:
The RSI calls for a bounce.
GBP/USD Intraday: rebound.
Pivot:
1.2730
Our preference:
Long positions above 1.2730 with targets at 1.2785 & 1.2805 in extension.
Alternative scenario:
Below 1.2730 look for further downside with 1.2710 & 1.2690 as targets.
Comment:
The RSI calls for a rebound.
USD/JPY Intraday: towards 140.80.
Pivot:
141.75
Our preference:
Short positions below 141.75 with targets at 141.10 & 140.80 in extension.
Alternative scenario:
Above 141.75 look for further upside with 142.00 & 142.25 as targets.
Comment:
The RSI advocates for further downside.