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Publish Date: Wed, 15 Nov 2023, 02:53 AM
Gold Intraday: the upside prevails.
Pivot:
1955.00
Our preference:
Long positions above 1955.00 with targets at 1970.00 & 1976.00 in extension.
Alternative scenario:
Below 1955.00 look for further downside with 1949.00 & 1943.00 as targets.
Comment:
The RSI advocates for further advance.
Crude Oil (WTI) (Z3) Intraday: the downside prevails.
Pivot:
79.00
Our preference:
Short positions below 79.00 with targets at 77.40 & 76.80 in extension.
Alternative scenario:
Above 79.00 look for further upside with 79.75 & 80.30 as targets.
Comment:
The RSI is bearish and calls for further decline.
EUR/USD Intraday: further advance.
Pivot:
1.0840
Our preference:
Long positions above 1.0840 with targets at 1.0905 & 1.0930 in extension.
Alternative scenario:
Below 1.0840 look for further downside with 1.0810 & 1.0785 as targets.
Comment:
The RSI is bullish and calls for further advance.
GBP/USD Intraday: further upside.
Pivot:
1.2450
Our preference:
Long positions above 1.2450 with targets at 1.2525 & 1.2560 in extension.
Alternative scenario:
Below 1.2450 look for further downside with 1.2420 & 1.2390 as targets.
Comment:
Technically the RSI is above its neutrality area at 50.
AUD/USD Intraday: the upside prevails.
Pivot:
0.6455
Our preference:
Long positions above 0.6455 with targets at 0.6540 & 0.6570 in extension.
Alternative scenario:
Below 0.6455 look for further downside with 0.6420 & 0.6380 as targets.
Comment:
The break above 0.6455 is a positive signal that has opened a path to 0.6540.
USD/JPY Intraday: under pressure.
Pivot:
150.85
Our preference:
Short positions below 150.85 with targets at 150.00 & 149.70 in extension.
Alternative scenario:
Above 150.85 look for further upside with 151.20 & 151.60 as targets.
Comment:
The RSI has broken down its 30 level.