newsroom
Publish Date: Mon, 26 Jun 2023, 02:23 AM
Gold Intraday: rebound expected.
Pivot:
1916.00
Our preference:
Long positions above 1916.00 with targets at 1929.00 & 1936.00 in extension.
Alternative scenario:
Below 1916.00 look for further downside with 1910.00 & 1904.00 as targets.
Comment:
The RSI has just landed on its neutrality area at 50% and is turning up.
EUR/USD Intraday: towards 1.0940.
Pivot:
1.0875
Our preference:
Long positions above 1.0875 with targets at 1.0920 & 1.0940 in extension.
Alternative scenario:
Below 1.0875 look for further downside with 1.0860 & 1.0840 as targets.
Comment:
The RSI calls for a rebound.
GBP/USD Intraday: bullish bias above 1.2700.
Pivot:
1.2700
Our preference:
Long positions above 1.2700 with targets at 1.2740 & 1.2760 in extension.
Alternative scenario:
Below 1.2700 look for further downside with 1.2685 & 1.2670 as targets.
Comment:
The RSI calls for a bounce.
USD/JPY Intraday: consolidation.
Pivot:
143.90
Our preference:
Short positions below 143.90 with targets at 143.25 & 142.95 in extension.
Alternative scenario:
Above 143.90 look for further upside with 144.10 & 144.30 as targets.
Comment:
The RSI is mixed with a bearish bias.
Crude Oil (WTI) (Q3) Intraday: continuation of the rebound.
Pivot:
68.65
Our preference:
Long positions above 68.65 with targets at 70.90 & 71.60 in extension.
Alternative scenario:
Below 68.65 look for further downside with 68.10 & 67.35 as targets.
Comment:
The RSI advocates for further upside.
AUD/USD Intraday: rebound expected.
Pivot:
0.6660
Our preference:
Long positions above 0.6660 with targets at 0.6700 & 0.6715 in extension.
Alternative scenario:
Below 0.6660 look for further downside with 0.6645 & 0.6630 as targets.
Comment:
A support base at 0.6660 has formed and has allowed for a temporary stabilisation.