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Publish Date: Tue, 14 Nov 2023, 02:39 AM
Crude Oil (WTI) (Z3) Intraday: further advance.
Pivot:
77.50
Our preference:
Long positions above 77.50 with targets at 79.00 & 79.70 in extension.
Alternative scenario:
Below 77.50 look for further downside with 76.90 & 76.25 as targets.
Comment:
Technically the RSI is above its neutrality area at 50.
Gold Intraday: continuation of the rebound.
Pivot:
1938.00
Our preference:
Long positions above 1938.00 with targets at 1952.00 & 1958.00 in extension.
Alternative scenario:
Below 1938.00 look for further downside with 1933.00 & 1927.00 as targets.
Comment:
The RSI is bullish and calls for further upside.
EUR/USD Intraday: the bias remains bullish.
Pivot:
1.0675
Our preference:
Long positions above 1.0675 with targets at 1.0710 & 1.0725 in extension.
Alternative scenario:
Below 1.0675 look for further downside with 1.0660 & 1.0645 as targets.
Comment:
The RSI calls for a bounce.
GBP/USD Intraday: further advance.
Pivot:
1.2240
Our preference:
Long positions above 1.2240 with targets at 1.2305 & 1.2330 in extension.
Alternative scenario:
Below 1.2240 look for further downside with 1.2220 & 1.2200 as targets.
Comment:
The RSI is bullish and calls for further upside.
AUD/USD Intraday: bullish bias above 0.6355.
Pivot:
0.6355
Our preference:
Long positions above 0.6355 with targets at 0.6390 & 0.6405 in extension.
Alternative scenario:
Below 0.6355 look for further downside with 0.6340 & 0.6325 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
USD/JPY Intraday: consolidation.
Pivot:
151.90
Our preference:
Short positions below 151.90 with targets at 151.40 & 151.20 in extension.
Alternative scenario:
Above 151.90 look for further upside with 152.10 & 152.30 as targets.
Comment:
The RSI is mixed with a bearish bias.