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Publish Date: Thu, 14 Sep 2023, 03:57 AM
EUR/USD Intraday: key resistance at 1.0760.
Pivot:
1.0760
Our preference:
Short positions below 1.0760 with targets at 1.0710 & 1.0690 in extension.
Alternative scenario:
Above 1.0760 look for further upside with 1.0780 & 1.0800 as targets.
Comment:
As long as 1.0760 is resistance, look for choppy price action with a bearish bias.
GBP/USD Intraday: watch 1.2530.
Pivot:
1.2460
Our preference:
Long positions above 1.2460 with targets at 1.2510 & 1.2530 in extension.
Alternative scenario:
Below 1.2460 look for further downside with 1.2440 & 1.2425 as targets.
Comment:
The RSI calls for a bounce.
AUD/USD Intraday: the bias remains bullish.
Pivot:
0.6395
Our preference:
Long positions above 0.6395 with targets at 0.6445 & 0.6460 in extension.
Alternative scenario:
Below 0.6395 look for further downside with 0.6380 & 0.6365 as targets.
Comment:
The RSI has just landed on its neutrality area at 50% and is turning up.
USD/JPY Intraday: expect 146.80.
Pivot:
147.60
Our preference:
Short positions below 147.60 with targets at 147.00 & 146.80 in extension.
Alternative scenario:
Above 147.60 look for further upside with 147.80 & 148.00 as targets.
Comment:
The RSI advocates for further downside.
Gold Intraday: look for 1902.00.
Pivot:
1915.00
Our preference:
Short positions below 1915.00 with targets at 1902.00 & 1896.00 in extension.
Alternative scenario:
Above 1915.00 look for further upside with 1919.00 & 1924.00 as targets.
Comment:
Technically the RSI is below its neutrality area at 50.
Crude Oil (WTI) (V3) Intraday: consolidation in place.
Pivot:
89.20
Our preference:
Short positions below 89.20 with targets at 88.15 & 87.65 in extension.
Alternative scenario:
Above 89.20 look for further upside with 89.60 & 90.00 as targets.
Comment:
The RSI is below its neutrality area at 50%