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Publish Date: Mon, 02 Oct 2023, 02:37 AM
EUR/USD Intraday: expect 1.0530.
Pivot:
1.0585
Our preference:
Short positions below 1.0585 with targets at 1.0545 & 1.0530 in extension.
Alternative scenario:
Above 1.0585 look for further upside with 1.0600 & 1.0615 as targets.
Comment:
The RSI is bearish and calls for further decline.
GBP/USD Intraday: the downside prevails.
Pivot:
1.2220
Our preference:
Short positions below 1.2220 with targets at 1.2170 & 1.2150 in extension.
Alternative scenario:
Above 1.2220 look for further upside with 1.2240 & 1.2270 as targets.
Comment:
The RSI calls for a new downleg.
AUD/USD Intraday: towards 0.6395.
Pivot:
0.6460
Our preference:
Short positions below 0.6460 with targets at 0.6415 & 0.6395 in extension.
Alternative scenario:
Above 0.6460 look for further upside with 0.6480 & 0.6500 as targets.
Comment:
The RSI advocates for further downside.
USD/JPY Intraday: further advance.
Pivot:
149.15
Our preference:
Long positions above 149.15 with targets at 149.80 & 150.10 in extension.
Alternative scenario:
Below 149.15 look for further downside with 148.90 & 148.65 as targets.
Comment:
The RSI is bullish and calls for further upside.
Crude Oil (WTI) (X3) Intraday: key resistance at 91.70.
Pivot:
91.70
Our preference:
Short positions below 91.70 with targets at 90.35 & 89.50 in extension.
Alternative scenario:
Above 91.70 look for further upside with 92.30 & 92.95 as targets.
Comment:
The RSI is below its neutrality area at 50%
Gold Intraday: the downside prevails.
Pivot:
1861.00
Our preference:
Short positions below 1861.00 with targets at 1840.00 & 1830.00 in extension.
Alternative scenario:
Above 1861.00 look for further upside with 1867.00 & 1875.00 as targets.
Comment:
The RSI shows downside momentum.