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Publish Date: Thu, 13 Jul 2023, 02:55 AM
Gold Intraday: the upside prevails.
Pivot:
1947.00
Our preference:
Long positions above 1947.00 with targets at 1965.00 & 1972.00 in extension.
Alternative scenario:
Below 1947.00 look for further downside with 1941.00 & 1933.00 as targets.
Comment:
The RSI is bullish and calls for further upside.
Crude Oil (WTI) (Q3) Intraday: the bias remains bullish.
Pivot:
75.15
Our preference:
Long positions above 75.15 with targets at 76.80 & 77.20 in extension.
Alternative scenario:
Below 75.15 look for further downside with 74.65 & 74.15 as targets.
Comment:
The RSI is mixed with a bullish bias.
EUR/USD Intraday: towards 1.1200.
Pivot:
1.1090
Our preference:
Long positions above 1.1090 with targets at 1.1170 & 1.1200 in extension.
Alternative scenario:
Below 1.1090 look for further downside with 1.1060 & 1.1040 as targets.
Comment:
The RSI is bullish and calls for further upside.
GBP/USD Intraday: the upside prevails.
Pivot:
1.2940
Our preference:
Long positions above 1.2940 with targets at 1.3030 & 1.3060 in extension.
Alternative scenario:
Below 1.2940 look for further downside with 1.2910 & 1.2885 as targets.
Comment:
The RSI calls for a new upleg.
USD/JPY Intraday: the downside prevails.
Pivot:
139.10
Our preference:
Short positions below 139.10 with targets at 138.00 & 137.40 in extension.
Alternative scenario:
Above 139.10 look for further upside with 139.60 & 140.10 as targets.
Comment:
The RSI is bearish and calls for further decline.
AUD/USD Intraday: expect 0.6840.
Pivot:
0.6745
Our preference:
Long positions above 0.6745 with targets at 0.6810 & 0.6840 in extension.
Alternative scenario:
Below 0.6745 look for further downside with 0.6720 & 0.6680 as targets.
Comment:
The RSI calls for a new upleg.