ATFX Daily Market Newsletter

DAILY MARKET NEWSLETTER - 30 August 2023

newsroom
Publish date: Wed, 30 Aug 2023, 12:30 PM
newsroom
0 581
ATFX Daily Market Newsletter

EUR/USD Intraday: the upside prevails.

Pivot:

1.0840

Our preference:

Long positions above 1.0840 with targets at 1.0890 & 1.0915 in extension.

Alternative scenario:

Below 1.0840 look for further downside with 1.0820 & 1.0800 as targets.

Comment:

The RSI advocates for further upside.

Analyst Views Chart

Gold Intraday: aim @ 1950.00.

Pivot:

1926.00

Our preference:

Long positions above 1926.00 with targets at 1942.00 & 1950.00 in extension.

Alternative scenario:

Below 1926.00 look for further downside with 1918.00 & 1913.00 as targets.

Comment:

The RSI shows upside momentum.

Analyst Views Chart

Crude Oil (WTI)‎ (V3)‎ Intraday: further advance.

Pivot:

80.40

Our preference:

Long positions above 80.40 with targets at 82.20 & 82.90 in extension.

Alternative scenario:

Below 80.40 look for further downside with 79.70 & 79.20 as targets.

Comment:

The RSI shows upside momentum.

Analyst Views Chart

GBP/USD Intraday: bullish bias above 1.2610.

Pivot:

1.2610

Our preference:

Long positions above 1.2610 with targets at 1.2660 & 1.2680 in extension.

Alternative scenario:

Below 1.2610 look for further downside with 1.2585 & 1.2560 as targets.

Comment:

The RSI calls for a bounce

Analyst Views Chart

USD/JPY Intraday: watch 145.30.

Pivot:

146.35

Our preference:

Short positions below 146.35 with targets at 145.65 & 145.30 in extension.

Alternative scenario:

Above 146.35 look for further upside with 146.70 & 147.00 as targets.

Comment:

The RSI is bearish and calls for further decline.

Analyst Views Chart

AUD/USD Intraday: further advance.

Pivot:

0.6450

Our preference:

Long positions above 0.6450 with targets at 0.6500 & 0.6520 in extension.

Alternative scenario:

Below 0.6450 look for further downside with 0.6430 & 0.6415 as targets.

Comment:

The RSI calls for a new upleg.

Analyst Views Chart

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

Post a Comment