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Publish Date: Thu, 28 Dec 2023, 01:46 AM
Crude Oil (WTI) (G4) Intraday: under pressure.
Pivot:
74.75
Our preference:
Short positions below 74.75 with targets at 73.15 & 72.45 in extension.
Alternative scenario:
Above 74.75 look for further upside with 75.55 & 76.15 as targets.
Comment:
The RSI has broken down its 30 level.
Gold Intraday: bullish bias above 2070.00.
Pivot:
2070.00
Our preference:
Long positions above 2070.00 with targets at 2084.00 & 2090.00 in extension.
Alternative scenario:
Below 2070.00 look for further downside with 2060.00 & 2054.00 as targets.
Comment:
The RSI has just landed on its neutrality area at 50% and is turning up.
EUR/USD Intraday: further advance.
Pivot:
1.1080
Our preference:
Long positions above 1.1080 with targets at 1.1130 & 1.1150 in extension.
Alternative scenario:
Below 1.1080 look for further downside with 1.1060 & 1.1040 as targets.
Comment:
The RSI is bullish and calls for further upside.
GBP/USD Intraday: further upside.
Pivot:
1.2760
Our preference:
Long positions above 1.2760 with targets at 1.2830 & 1.2850 in extension.
Alternative scenario:
Below 1.2760 look for further downside with 1.2740 & 1.2720 as targets.
Comment:
The RSI shows upside momentum.
AUD/USD Intraday: towards 0.6880.
Pivot:
0.6825
Our preference:
Long positions above 0.6825 with targets at 0.6865 & 0.6880 in extension.
Alternative scenario:
Below 0.6825 look for further downside with 0.6810 & 0.6795 as targets.
Comment:
The RSI advocates for further advance.
USD/JPY Intraday: the downside prevails.
Pivot:
142.15
Our preference:
Short positions below 142.15 with targets at 141.20 & 140.90 in extension.
Alternative scenario:
Above 142.15 look for further upside with 142.45 & 142.80 as targets.
Comment:
The RSI has broken down its 30 level.