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Publish Date: Wed, 28 Jun 2023, 09:39 AM
Gold Intraday: key resistance at 1923.00.
Pivot:
1923.00
Our preference:
Short positions below 1923.00 with targets at 1910.00 & 1903.00 in extension.
Alternative scenario:
Above 1923.00 look for further upside with 1930.00 & 1937.00 as targets.
Comment:
As long as the resistance at 1923.00 is not surpassed, the risk of the break below 1910.00 remains high.
Crude Oil (WTI) (Q3) Intraday: the downside prevails.
Pivot:
68.70
Our preference:
Short positions below 68.70 with targets at 66.90 & 66.20 in extension.
Alternative scenario:
Above 68.70 look for further upside with 69.30 & 70.15 as targets.
Comment:
The RSI is below its neutrality area at 50%
EUR/USD Intraday: the upside prevails.
Pivot:
1.0930
Our preference:
Long positions above 1.0930 with targets at 1.0975 & 1.0990 in extension.
Alternative scenario:
Below 1.0930 look for further downside with 1.0915 & 1.0900 as targets.
Comment:
The RSI calls for a bounce.
USD/JPY Intraday: bullish bias above 143.45.
Pivot:
143.45
Our preference:
Long positions above 143.45 with targets at 144.20 & 144.40 in extension.
Alternative scenario:
Below 143.45 look for further downside with 143.20 & 142.95 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
GBP/USD Intraday: the bias remains bullish.
Pivot:
1.2715
Our preference:
Long positions above 1.2715 with targets at 1.2760 & 1.2780 in extension.
Alternative scenario:
Below 1.2715 look for further downside with 1.2700 & 1.2685 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
AUD/USD Intraday: choppy.
Pivot:
0.6705
Our preference:
Short positions below 0.6705 with targets at 0.6665 & 0.6650 in extension.
Alternative scenario:
Above 0.6705 look for further upside with 0.6720 & 0.6735 as targets.
Comment:
As long as the resistance at 0.6705 is not surpassed, the risk of the break below 0.6665 remains high.