newsroom
Publish Date: Wed, 27 Dec 2023, 01:36 AM
Crude Oil (WTI) (G4) Intraday: bullish bias above 74.55.
Pivot:
74.55
Our preference:
Long positions above 74.55 with targets at 76.15 & 76.90 in extension.
Alternative scenario:
Below 74.55 look for further downside with 73.95 & 73.15 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Gold Intraday: the upside prevails.
Pivot:
2057.00
Our preference:
Long positions above 2057.00 with targets at 2076.00 & 2082.00 in extension.
Alternative scenario:
Below 2057.00 look for further downside with 2051.00 & 2046.00 as targets.
Comment:
The RSI is bullish and calls for further advance.
EUR/USD Intraday: further advance.
Pivot:
1.1020
Our preference:
Long positions above 1.1020 with targets at 1.1055 & 1.1070 in extension.
Alternative scenario:
Below 1.1020 look for further downside with 1.1005 & 1.0990 as targets.
Comment:
The RSI advocates for further advance.
GBP/USD Intraday: towards 1.2760.
Pivot:
1.2700
Our preference:
Long positions above 1.2700 with targets at 1.2745 & 1.2760 in extension.
Alternative scenario:
Below 1.2700 look for further downside with 1.2680 & 1.2665 as targets.
Comment:
The RSI calls for a bounce.
AUD/USD Intraday: further upside.
Pivot:
0.6805
Our preference:
Long positions above 0.6805 with targets at 0.6840 & 0.6855 in extension.
Alternative scenario:
Below 0.6805 look for further downside with 0.6790 & 0.6770 as targets.
Comment:
The RSI calls for a new upleg.
USD/JPY Intraday: bullish bias above 142.30.
Pivot:
142.30
Our preference:
Long positions above 142.30 with targets at 142.80 & 143.00 in extension.
Alternative scenario:
Below 142.30 look for further downside with 142.10 & 141.90 as targets.
Comment:
The RSI shows upside momentum.