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Publish Date: Wed, 13 Sep 2023, 02:20 AM
EUR/USD Intraday: continuation of the rebound.
Pivot:
1.0725
Our preference:
Long positions above 1.0725 with targets at 1.0780 & 1.0800 in extension.
Alternative scenario:
Below 1.0725 look for further downside with 1.0705 & 1.0690 as targets.
Comment:
The RSI is bullish and calls for further upside.
GBP/USD Intraday: rebound in sight.
Pivot:
1.2465
Our preference:
Long positions above 1.2465 with targets at 1.2515 & 1.2530 in extension.
Alternative scenario:
Below 1.2465 look for further downside with 1.2450 & 1.2435 as targets.
Comment:
The RSI calls for a bounce.
AUD/USD Intraday: the bias remains bullish.
Pivot:
0.6405
Our preference:
Long positions above 0.6405 with targets at 0.6445 & 0.6460 in extension.
Alternative scenario:
Below 0.6405 look for further downside with 0.6390 & 0.6370 as targets.
Comment:
The RSI calls for a rebound.
USD/JPY Intraday: bullish bias above 146.80.
Pivot:
146.80
Our preference:
Long positions above 146.80 with targets at 147.25 & 147.45 in extension.
Alternative scenario:
Below 146.80 look for further downside with 146.60 & 146.40 as targets.
Comment:
The RSI advocates for further advance.
Gold Intraday: key resistance at 1917.00.
Pivot:
1917.00
Our preference:
Short positions below 1917.00 with targets at 1907.00 & 1902.00 in extension.
Alternative scenario:
Above 1917.00 look for further upside with 1924.00 & 1930.00 as targets.
Comment:
As long as the resistance at 1917.00 is not surpassed, the risk of the break below 1907.00 remains high.
Crude Oil (WTI) (V3) Intraday: the bias remains bullish.
Pivot:
88.15
Our preference:
Long positions above 88.15 with targets at 89.35 & 90.00 in extension.
Alternative scenario:
Below 88.15 look for further downside with 87.65 & 87.20 as targets.
Comment:
Technically the RSI is above its neutrality area at 50.