ATFX Daily Market Newsletter

DAILY MARKET NEWSLETTER - 13 March 2023

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Publish date: Mon, 13 Mar 2023, 11:05 AM
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ATFX Daily Market Newsletter

AUD/USD Intraday: rebound.

Pivot:

0.6590

Our preference:

Long positions above 0.6590 with targets at 0.6680 & 0.6700 in extension.

lternative scenario:

Below 0.6590 look for further downside with 0.6575 & 0.6560 as targets.

Comment:

The RSI calls for a bounce.

Analyst Views Chart

Gold Intraday: the upside prevails.

Pivot:

1866.00

Our preference:

Long positions above 1866.00 with targets at 1900.00 & 1908.00 in extension.

Alternative scenario:

Below 1866.00 look for further downside with 1858.00 & 1849.00 as targets.

Comment:

The RSI is bullish and calls for further advance.

Analyst Views Chart

EUR/USD Intraday: further upside.

Pivot:

1.0640

Our preference:

Long positions above 1.0640 with targets at 1.0720 & 1.0750 in extension.

Alternative scenario:

Below 1.0640 look for further downside with 1.0610 & 1.0580 as targets.

Comment:

The RSI is bullish and calls for further advance.

Analyst Views Chart

GBP/USD Intraday: the upside prevails.

Pivot:

1.2020

Our preference:

Long positions above 1.2020 with targets at 1.2140 & 1.2180 in extension.

Alternative scenario:

Below 1.2020 look for further downside with 1.1980 & 1.1950 as targets.

Comment:

The RSI calls for a new upleg.

Analyst Views Chart

USD/JPY Intraday: the downside prevails.

Pivot:

135.55

Our preference:

Short positions below 135.55 with targets at 134.10 & 133.40 in extension.

Alternative scenario:

Above 135.55 look for further upside with 135.90 & 136.40 as targets.

Comment:

The RSI advocates for further downside.

Analyst Views Chart

Crude Oil (WTI)‎ (J3)‎ Intraday: intraday support around 76.10

Pivot:

76.10

Our preference:

Long positions above 76.10 with targets at 77.70 & 78.40 in extension.

Alternative scenario:

Below 76.10 look for further downside with 75.40 & 74.80 as targets.

Comment:

Technically the RSI is above its neutrality area at 50.

Analyst Views Chart

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