ATFX Daily Market Newsletter

DAILY MARKET NEWSLETTER - 29 March 2023

newsroom
Publish date: Wed, 29 Mar 2023, 10:15 AM
newsroom
0 581
ATFX Daily Market Newsletter

AUD/USD Intraday: towards 0.6740.

Pivot:

0.6680

Our preference:

Long positions above 0.6680 with targets at 0.6725 & 0.6740 in extension.

Alternative scenario:

Below 0.6680 look for further downside with 0.6665 & 0.6650 as targets.

Comment:

The RSI advocates for further advance.

Analyst Views Chart

Gold Intraday: target 1987.00.

Pivot:

1962.00

Our preference:

Long positions above 1962.00 with targets at 1979.00 & 1987.00 in extension.

Alternative scenario:

Below 1962.00 look for further downside with 1956.00 & 1948.00 as targets.

Comment:

The RSI is bullish and calls for further upside.

Analyst Views Chart

Crude Oil (WTI)‎ (K3)‎ Intraday: further upside.

Pivot:

72.30

Our preference:

Long positions above 72.30 with targets at 74.85 & 75.70 in extension.

Alternative scenario:

Below 72.30 look for further downside with 71.50 & 70.70 as targets.

Comment:

The next resistances are at 74.85 and then at 75.70.

Analyst Views Chart

EUR/USD Intraday: bullish bias above 1.0810.

Pivot:

1.0810

Our preference:

Long positions above 1.0810 with targets at 1.0860 & 1.0880 in extension.

Alternative scenario:

Below 1.0810 look for further downside with 1.0790 & 1.0770 as targets.

Comment:

The RSI calls for a bounce.

Analyst Views Chart

GBP/USD Intraday: supported by a rising trend line.

Pivot:

1.2300

Our preference:

Long positions above 1.2300 with targets at 1.2350 & 1.2380 in extension.

Alternative scenario:

Below 1.2300 look for further downside with 1.2280 & 1.2260 as targets.

Comment:

Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Analyst Views Chart

USD/JPY Intraday: further upside.

Pivot:

130.70

Our preference:

Long positions above 130.70 with targets at 131.75 & 132.10 in extension.

Alternative scenario:

Below 130.70 look for further downside with 130.40 & 130.10 as targets.

Comment:

The RSI shows upside momentum.

Analyst Views Chart

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment