ATFX Daily Market Newsletter

DAILY MARKET NEWSLETTER - 03 October 2023

newsroom
Publish date: Tue, 03 Oct 2023, 12:02 PM
newsroom
0 581
ATFX Daily Market Newsletter

Crude Oil (WTI)‎ (X3)‎ Intraday: the downside prevails.

Pivot:

89.80

Our preference:

Short positions below 89.80 with targets at 87.70 & 87.00 in extension.

Alternative scenario:

Above 89.80 look for further upside with 90.60 & 91.70 as targets.

Comment:

The RSI has broken down its 30 level.

Analyst Views Chart

EUR/USD Intraday: under pressure.

Pivot:

1.0510

Our preference:

Short positions below 1.0510 with targets at 1.0455 & 1.0430 in extension.

Alternative scenario:

Above 1.0510 look for further upside with 1.0530 & 1.0550 as targets.

Comment:

The RSI has broken down its 30 level.

Analyst Views Chart

GBP/USD Intraday: towards 1.2040.

Pivot:

1.2125

Our preference:

Short positions below 1.2125 with targets at 1.2070 & 1.2040 in extension.

Alternative scenario:

Above 1.2125 look for further upside with 1.2145 & 1.2165 as targets.

Comment:

The RSI is bearish and calls for further decline.

Analyst Views Chart

AUD/USD Intraday: the downside prevails.

Pivot:

0.6390

Our preference:

Short positions below 0.6390 with targets at 0.6330 & 0.6315 in extension.

Alternative scenario:

Above 0.6390 look for further upside with 0.6410 & 0.6425 as targets.

Comment:

The RSI advocates for further downside.

Analyst Views Chart

USD/JPY Intraday: bullish bias above 149.55.

Pivot:

149.55

Our preference:

Long positions above 149.55 with targets at 150.00 & 150.20 in extension.

Alternative scenario:

Below 149.55 look for further downside with 149.35 & 149.15 as targets.

Comment:

The RSI advocates for further advance.

Analyst Views Chart

Gold Intraday: the downside prevails.

Pivot:

1834.00

Our preference:

Short positions below 1834.00 with targets at 1815.00 & 1805.00 in extension.

Alternative scenario:

Above 1834.00 look for further upside with 1842.00 & 1850.00 as targets.

Comment:

The RSI has broken down its 30 level.

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

Post a Comment