ATFX Daily Market Newsletter

DAILY MARKET NEWSLETTER - 05 April 2023

newsroom
Publish date: Wed, 05 Apr 2023, 10:51 AM
newsroom
0 581
ATFX Daily Market Newsletter

AUD/USD Intraday: the bias remains bullish.

Pivot:

0.6735

Our preference:

Long positions above 0.6735 with targets at 0.6775 & 0.6790 in extension.

Alternative scenario:

Below 0.6735 look for further downside with 0.6720 & 0.6700 as targets.

Comment:

The RSI calls for a bounce.

Analyst Views Chart

Gold Intraday: look for 2045.00.

Pivot:

2005.00

Our preference:

Long positions above 2005.00 with targets at 2030.00 & 2045.00 in extension.

Alternative scenario:

Below 2005.00 look for further downside with 1997.00 & 1989.00 as targets.

Comment:

The RSI shows upside momentum.

Analyst Views Chart

Crude Oil (WTI)‎ (K3)‎ Intraday: bounce.

Pivot:

79.60

Our preference:

Long positions above 79.60 with targets at 81.80 & 83.20 in extension.

Alternative scenario:

Below 79.60 look for further downside with 79.00 & 78.00 as targets.

Comment:

The RSI advocates for further upside.

Analyst Views Chart

EUR/USD Intraday: 1.1000 in sight.

Pivot:

1.0920

Our preference:

Long positions above 1.0920 with targets at 1.0975 & 1.1000 in extension.

Alternative scenario:

Below 1.0920 look for further downside with 1.0900 & 1.0880 as targets.

Comment:

The RSI is bullish and calls for further upside.

Analyst Views Chart

GBP/USD Intraday: the upside prevails.

Pivot:

1.2465

Our preference:

Long positions above 1.2465 with targets at 1.2525 & 1.2550 in extension.

Alternative scenario:

Below 1.2465 look for further downside with 1.2440 & 1.2420 as targets.

Comment:

The RSI advocates for further advance.

Analyst Views Chart

USD/JPY Intraday: the downside prevails.

Pivot:

132.15

Our preference:

Short positions below 132.15 with targets at 131.20 & 130.70 in extension.

Alternative scenario:

Above 132.15 look for further upside with 132.50 & 132.80 as targets.

Comment:

The RSI is bearish and calls for further downside.

Analyst Views Chart

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

Post a Comment