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Publish Date: Fri, 29 Sep 2023, 02:50 AM
EUR/USD Intraday: 1.0600 in sight.
Pivot:
1.0535
Our preference:
Long positions above 1.0535 with targets at 1.0580 & 1.0600 in extension.
Alternative scenario:
Below 1.0535 look for further downside with 1.0515 & 1.0490 as targets.
Comment:
The RSI advocates for further upside.
GBP/USD Intraday: further advance.
Pivot:
1.2175
Our preference:
Long positions above 1.2175 with targets at 1.2225 & 1.2250 in extension.
Alternative scenario:
Below 1.2175 look for further downside with 1.2155 & 1.2135 as targets.
Comment:
The RSI advocates for further upside.
AUD/USD Intraday: further upside.
Pivot:
0.6400
Our preference:
Long positions above 0.6400 with targets at 0.6440 & 0.6465 in extension.
Alternative scenario:
Below 0.6400 look for further downside with 0.6380 & 0.6360 as targets.
Comment:
The RSI is bullish and calls for further advance.
USD/JPY Intraday: key resistance at 149.50.
Pivot:
149.50
Our preference:
Short positions below 149.50 with targets at 149.10 & 148.90 in extension.
Alternative scenario:
Above 149.50 look for further upside with 149.70 & 149.90 as targets.
Comment:
As long as 149.50 is resistance, look for choppy price action with a bearish bias.
Crude Oil (WTI) (X3) Intraday: the downside prevails.
Pivot:
92.50
Our preference:
Short positions below 92.50 with targets at 91.40 & 90.70 in extension.
Alternative scenario:
Above 92.50 look for further upside with 93.20 & 93.90 as targets.
Comment:
The RSI is below its neutrality area at 50%
Gold Intraday: key resistance at 1872.00.
Pivot:
1872.00
Our preference:
Short positions below 1872.00 with targets at 1858.00 & 1852.00 in extension.
Alternative scenario:
Above 1872.00 look for further upside with 1879.00 & 1885.00 as targets.
Comment:
The RSI is below its neutrality area at 50%