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Publish Date: Thu, 30 Nov 2023, 03:34 AM
Crude Oil (WTI) (F4) Intraday: intraday support around 77.00.
Pivot:
77.00
Our preference:
Long positions above 77.00 with targets at 78.50 & 79.20 in extension.
Alternative scenario:
Below 77.00 look for further downside with 76.30 & 75.75 as targets.
Comment:
The next resistances are at 78.50 and then at 79.20.
Gold Intraday: bullish bias above 2034.00.
Pivot:
2034.00
Our preference:
Long positions above 2034.00 with targets at 2052.00 & 2060.00 in extension.
Alternative scenario:
Below 2034.00 look for further downside with 2028.00 & 2020.00 as targets.
Comment:
The immediate trend remains up but the momentum is weak.
EUR/USD Intraday: key resistance at 1.0995.
Pivot:
1.0995
Our preference:
Short positions below 1.0995 with targets at 1.0950 & 1.0930 in extension.
Alternative scenario:
Above 1.0995 look for further upside with 1.1015 & 1.1040 as targets.
Comment:
As long as the resistance at 1.0995 is not surpassed, the risk of the break below 1.0950 remains high.
GBP/USD Intraday: under pressure.
Pivot:
1.2735
Our preference:
Short positions below 1.2735 with targets at 1.2665 & 1.2640 in extension.
Alternative scenario:
Above 1.2735 look for further upside with 1.2760 & 1.2785 as targets.
Comment:
As long as 1.2735 is resistance, look for choppy price action with a bearish bias.
AUD/USD Intraday: watch 0.6600.
Pivot:
0.6640
Our preference:
Short positions below 0.6640 with targets at 0.6600 & 0.6585 in extension.
Alternative scenario:
Above 0.6640 look for further upside with 0.6660 & 0.6675 as targets.
Comment:
A break below 0.6600 would trigger a drop towards 0.6585.
USD/JPY Intraday: the downside prevails.
Pivot:
147.70
Our preference:
Short positions below 147.70 with targets at 146.65 & 146.30 in extension.
Alternative scenario:
Above 147.70 look for further upside with 148.15 & 148.65 as targets.
Comment:
The immediate trend remains down and the momentum is strong.