newsroom
Publish Date: Tue, 22 Aug 2023, 02:37 AM
USD/JPY Intraday: further upside.
Pivot:
145.75
Our preference:
Long positions above 145.75 with targets at 146.55 & 146.80 in extension.
Alternative scenario:
Below 145.75 look for further downside with 145.50 & 145.30 as targets.
Comment:
The RSI calls for a new upleg.
EUR/USD Intraday: further advance.
Pivot:
1.0875
Our preference:
Long positions above 1.0875 with targets at 1.0915 & 1.0930 in extension.
Alternative scenario:
Below 1.0875 look for further downside with 1.0860 & 1.0845 as targets.
Comment:
The RSI is bullish and calls for further upside.
GBP/USD Intraday: towards 1.2800.
Pivot:
1.2730
Our preference:
Long positions above 1.2730 with targets at 1.2780 & 1.2800 in extension.
Alternative scenario:
Below 1.2730 look for further downside with 1.2710 & 1.2690 as targets.
Comment:
The RSI advocates for further advance.
Gold Intraday: rebound expected.
Pivot:
1888.00
Our preference:
Long positions above 1888.00 with targets at 1903.00 & 1907.00 in extension.
Alternative scenario:
Below 1888.00 look for further downside with 1884.00 & 1878.00 as targets.
Comment:
The RSI calls for a bounce.
Crude Oil (WTI) (V3) Intraday: under pressure.
Pivot:
80.95
Our preference:
Short positions below 80.95 with targets at 79.70 & 79.00 in extension.
Alternative scenario:
Above 80.95 look for further upside with 81.70 & 82.30 as targets.
Comment:
The RSI is below its neutrality area at 50%
AUD/USD Intraday: bullish bias above 0.6385.
Pivot:
0.6385
Our preference:
Long positions above 0.6385 with targets at 0.6440 & 0.6460 in extension.
Alternative scenario:
Below 0.6385 look for further downside with 0.6370 & 0.6355 as targets.
Comment:
The RSI calls for a bounce.