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Publish Date: Mon, 27 Nov 2023, 03:23 AM
Gold Intraday: watch 2011.00.
Pivot:
1996.00
Our preference:
Long positions above 1996.00 with targets at 2006.00 & 2011.00 in extension.
Alternative scenario:
Below 1996.00 look for further downside with 1991.00 & 1986.00 as targets.
Comment:
The RSI is bullish and calls for further upside.
Crude Oil (WTI) (F4) Intraday: expect 74.85.
Pivot:
76.00
Our preference:
Short positions below 76.00 with targets at 74.85 & 73.80 in extension.
Alternative scenario:
Above 76.00 look for further upside with 77.10 & 77.95 as targets.
Comment:
The RSI is mixed with a bearish bias.
EUR/USD Intraday: the upside prevails.
Pivot:
1.0915
Our preference:
Long positions above 1.0915 with targets at 1.0960 & 1.0975 in extension.
Alternative scenario:
Below 1.0915 look for further downside with 1.0900 & 1.0885 as targets.
Comment:
The RSI calls for a new upleg.
GBP/USD Intraday: further advance.
Pivot:
1.2560
Our preference:
Long positions above 1.2560 with targets at 1.2630 & 1.2650 in extension.
Alternative scenario:
Below 1.2560 look for further downside with 1.2540 & 1.2520 as targets.
Comment:
The RSI advocates for further upside.
AUD/USD Intraday: bullish bias above 0.6560.
Pivot:
0.6560
Our preference:
Long positions above 0.6560 with targets at 0.6600 & 0.6615 in extension.
Alternative scenario:
Below 0.6560 look for further downside with 0.6545 & 0.6530 as targets.
Comment:
The RSI is above its neutrality area at 50%.
USD/JPY Intraday: the bias remains bullish.
Pivot:
149.20
Our preference:
Long positions above 149.20 with targets at 149.75 & 150.00 in extension.
Alternative scenario:
Below 149.20 look for further downside with 148.90 & 148.60 as targets.
Comment:
The RSI calls for a bounce.