TRADING CENTRAL

Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.

Crude Oil (WTI)‎ (Q5)‎ Intraday: under pressure.

Pivot:

67.80

Our preference:

Short positions below 67.80 with targets at 63.00 & 61.30 in extension.

Alternative scenario:

Above 67.80 look for further upside with 70.20 & 71.90 as targets.

Comment:

The RSI has broken down its 30 level.

Gold Intraday: choppy.

Pivot:

3375.00

Our preference:

Short positions below 3375.00 with targets at 3340.00 & 3330.00 in extension.

Alternative scenario:

Above 3375.00 look for further upside with 3391.00 & 3400.00 as targets.

Comment:

As long as 3375.00 is resistance, expect a return to 3340.00.

Bitcoin / Dollar intraday: the upside prevails as long as 104350 is support

Our pivot point stands at 104350.

Our preference:

The upside prevails as long as 104350 is support.

Alternative scenario:

The downside breakout of 104350 would call for 103050 and 102270.

Comment:

The RSI is trading above 70. This could mean that either the price is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 103281 and 102191).

USD/JPY Intraday: the downside prevails.

Pivot:

146.60

Our preference:

Short positions below 146.60 with targets at 145.20 & 144.70 in extension.

Alternative scenario:

Above 146.60 look for further upside with 147.10 & 147.60 as targets.

Comment:

The RSI has broken down its 30 level.

EUR/USD Intraday: further advance.

Pivot:

1.1550

Our preference:

Long positions above 1.1550 with targets at 1.1630 & 1.1660 in extension.

Alternative scenario:

Below 1.1550 look for further downside with 1.1515 & 1.1485 as targets.

Comment:

The RSI is bullish and calls for further upside.

Binance Coin / Dollar intraday: the upside prevails as long as 634.5 is support

Our pivot point is at 634.5.

Our preference:

The upside prevails as long as 634.5 is support.

Alternative scenario:

The downside breakout of 634.5 would call for 626.9 and 622.3.

Comment:

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 627.2 and 623.9).

Solana / Dollar intraday: the upside prevails as long as 142 is support

Our pivot point stands at 142.0.

Our preference:

The upside prevails as long as 142 is support.

Alternative scenario:

Below 142.0, expect 138.8 and 136.9.

Comment:

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 139.3 and 136).