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Publish Date: Thu, 14 Dec 2023, 10:01 AM
Crude Oil (WTI) (F4) Intraday: continuation of the rebound.
Pivot:
69.00
Our preference:
Long positions above 69.00 with targets at 70.35 & 71.10 in extension.
Alternative scenario:
Below 69.00 look for further downside with 68.00 & 67.35 as targets.
Comment:
The RSI advocates for further advance.
Gold Intraday: the upside prevails.
Pivot:
2008.00
Our preference:
Long positions above 2008.00 with targets at 2039.00 & 2050.00 in extension.
Alternative scenario:
Below 2008.00 look for further downside with 2000.00 & 1991.00 as targets.
Comment:
The RSI shows upside momentum.
EUR/USD Intraday: further upside.
Pivot:
1.0830
Our preference:
Long positions above 1.0830 with targets at 1.0910 & 1.0940 in extension.
Alternative scenario:
Below 1.0830 look for further downside with 1.0800 & 1.0770 as targets.
Comment:
The break above 1.0830 is a positive signal that has opened a path to 1.0910.
GBP/USD Intraday: further advance.
Pivot:
1.2565
Our preference:
Long positions above 1.2565 with targets at 1.2655 & 1.2685 in extension.
Alternative scenario:
Below 1.2565 look for further downside with 1.2535 & 1.2500 as targets.
Comment:
The break above 1.2565 is a positive signal that has opened a path to 1.2655.
AUD/USD Intraday: further advance.
Pivot:
0.6605
Our preference:
Long positions above 0.6605 with targets at 0.6700 & 0.6735 in extension.
Alternative scenario:
Below 0.6605 look for further downside with 0.6580 & 0.6550 as targets.
Comment:
Technically the RSI is above its neutrality area at 50.
USD/JPY Intraday: the downside prevails.
Pivot:
144.10
Our preference:
Short positions below 144.10 with targets at 141.80 & 141.10 in extension.
Alternative scenario:
Above 144.10 look for further upside with 145.00 & 145.90 as targets.
Comment:
The RSI has broken down its 30 level.