ATFX Daily Market Newsletter

DAILY MARKET NEWSLETTER - 28 June 2023

newsroom
Publish date: Wed, 28 Jun 2023, 05:38 PM
newsroom
0 581
ATFX Daily Market Newsletter

Gold Intraday: key resistance at 1923.00.

Pivot:

1923.00

Our preference:

Short positions below 1923.00 with targets at 1910.00 & 1903.00 in extension.

Alternative scenario:

Above 1923.00 look for further upside with 1930.00 & 1937.00 as targets.

Comment:

As long as the resistance at 1923.00 is not surpassed, the risk of the break below 1910.00 remains high.

Analyst Views Chart

Crude Oil (WTI)‎ (Q3)‎ Intraday: the downside prevails.

Pivot:

68.70

Our preference:

Short positions below 68.70 with targets at 66.90 & 66.20 in extension.

Alternative scenario:

Above 68.70 look for further upside with 69.30 & 70.15 as targets.

Comment:

The RSI is below its neutrality area at 50%

Analyst Views Chart

EUR/USD Intraday: the upside prevails.

Pivot:

1.0930

Our preference:

Long positions above 1.0930 with targets at 1.0975 & 1.0990 in extension.

Alternative scenario:

Below 1.0930 look for further downside with 1.0915 & 1.0900 as targets.

Comment:

The RSI calls for a bounce.

Analyst Views Chart

USD/JPY Intraday: bullish bias above 143.45.

Pivot:

143.45

Our preference:

Long positions above 143.45 with targets at 144.20 & 144.40 in extension.

Alternative scenario:

Below 143.45 look for further downside with 143.20 & 142.95 as targets.

Comment:

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

Analyst Views Chart

GBP/USD Intraday: the bias remains bullish.

Pivot:

1.2715

Our preference:

Long positions above 1.2715 with targets at 1.2760 & 1.2780 in extension.

Alternative scenario:

Below 1.2715 look for further downside with 1.2700 & 1.2685 as targets.

Comment:

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

Analyst Views Chart

AUD/USD Intraday: choppy.

Pivot:

0.6705

Our preference:

Short positions below 0.6705 with targets at 0.6665 & 0.6650 in extension.

Alternative scenario:

Above 0.6705 look for further upside with 0.6720 & 0.6735 as targets.

Comment:

As long as the resistance at 0.6705 is not surpassed, the risk of the break below 0.6665 remains high.

Analyst Views Chart

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

Post a Comment