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Publish Date: Fri, 10 Nov 2023, 03:42 AM
Crude Oil (WTI) (Z3) Intraday: under pressure.
Pivot:
76.45
Our preference:
Short positions below 76.45 with targets at 74.90 & 74.00 in extension.
Alternative scenario:
Above 76.45 look for further upside with 76.90 & 77.50 as targets.
Comment:
Technically the RSI is below its neutrality area at 50.
Gold Intraday: bullish bias above 1950.00.
Pivot:
1950.00
Our preference:
Long positions above 1950.00 with targets at 1965.00 & 1970.00 in extension.
Alternative scenario:
Below 1950.00 look for further downside with 1944.00 & 1938.00 as targets.
Comment:
The RSI is above its neutrality area at 50%.
EUR/USD Intraday: the downside prevails.
Pivot:
1.0690
Our preference:
Short positions below 1.0690 with targets at 1.0650 & 1.0630 in extension.
Alternative scenario:
Above 1.0690 look for further upside with 1.0710 & 1.0725 as targets.
Comment:
The RSI is bearish and calls for further decline.
GBP/USD Intraday: under pressure.
Pivot:
1.2250
Our preference:
Short positions below 1.2250 with targets at 1.2200 & 1.2170 in extension.
Alternative scenario:
Above 1.2250 look for further upside with 1.2270 & 1.2280 as targets.
Comment:
The RSI calls for a new downleg.
USD/JPY Intraday: the upside prevails.
Pivot:
151.00
Our preference:
Long positions above 151.00 with targets at 151.55 & 151.75 in extension.
Alternative scenario:
Below 151.00 look for further downside with 150.80 & 150.65 as targets.
Comment:
The RSI is bullish and calls for further advance.
AUD/USD Intraday: towards 0.6320.
Pivot:
0.6390
Our preference:
Short positions below 0.6390 with targets at 0.6340 & 0.6320 in extension.
Alternative scenario:
Above 0.6390 look for further upside with 0.6410 & 0.6425 as targets.
Comment:
The RSI has broken down its 30 level.