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Publish Date: Fri, 27 Oct 2023, 02:08 AM
Crude Oil (WTI) (Z3) Intraday: key resistance at 84.20.
Pivot:
84.20
Our preference:
Short positions below 84.20 with targets at 82.70 & 82.00 in extension.
Alternative scenario:
Above 84.20 look for further upside with 85.10 & 85.60 as targets.
Comment:
The RSI is below its neutrality area at 50%
Gold Intraday: watch 2000.00.
Pivot:
1977.00
Our preference:
Long positions above 1977.00 with targets at 1993.00 & 2000.00 in extension.
Alternative scenario:
Below 1977.00 look for further downside with 1971.00 & 1963.00 as targets.
Comment:
The RSI calls for a bounce.
EUR/USD Intraday: towards 1.0600.
Pivot.
1.0540
Our preference:
Long positions above 1.0540 with targets at 1.0580 & 1.0600 in extension.
Alternative scenario:
Below 1.0540 look for further downside with 1.0525 & 1.0510 as targets.
Comment:
The RSI is bullish and calls for further upside.
GBP/USD Intraday: continuation of the rebound.
Pivot:
1.2100
Our preference:
Long positions above 1.2100 with targets at 1.2155 & 1.2175 in extension.
Alternative scenario:
Below 1.2100 look for further downside with 1.2085 & 1.2070 as targets.
Comment:
The RSI is bullish and calls for further upside.
AUD/USD Intraday: further advance.
Pivot:
0.6300
Our preference:
Long positions above 0.6300 with targets at 0.6350 & 0.6370 in extension.
Alternative scenario:
Below 0.6300 look for further downside with 0.6285 & 0.6270 as targets.
Comment:
The RSI is bullish and calls for further advance.
USD/JPY Intraday: consolidation.
Pivot:
150.60
Our preference:
Short positions below 150.60 with targets at 150.10 & 149.90 in extension.
Alternative scenario:
Above 150.60 look for further upside with 150.75 & 150.90 as targets.
Comment:
The RSI is mixed with a bearish bias.