TRADING CENTRAL

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

Gold Intraday: aim @ 4615.

Pivot:

4578

Our preference:

Long positions above 4578 with targets at 4615 & 4630 in extension.

Alternative scenario:

Below 4578 look for further downside with 4550 & 4515 as targets.

Comment:

Investors have to remain cautious since these levels may trigger profit taking.

USD/JPY Intraday: bullish bias above 157.75.

Pivot:

157.75

Our preference:

Long positions above 157.75 with targets at 158.20 & 158.40 in extension.

Alternative scenario:

Below 157.75 look for further downside with 157.55 & 157.35 as targets.

Comment:

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

EUR/USD Intraday: intraday support around 1.1650.

Pivot:

1.1650

Our preference:

Long positions above 1.1650 with targets at 1.1685 & 1.1700 in extension.

Alternative scenario:

Below 1.1650 look for further downside with 1.1635 & 1.1620 as targets.

Comment:

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

Bitcoin / Dollar intraday: under pressure below 92150

Our pivot point is at 92150.

Our preference:

Under pressure below 92150.

Alternative scenario:

Above 92150, look for 93390 and 94120.

Comment:

The RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 91359 and 91261).

Binance Coin / Dollar intraday: rebound

Our pivot point is at 892.8.

Our preference:

Rebound.

Alternative scenario:

The downside breakout of 892.8 would call for 879.9 and 872.2.

Comment:

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (903.2) but below its 50 period moving average (905.9).

Solana / Dollar intraday: the downside prevails as long as 141.6 is resistance

Our pivot point is at 141.6.

Our preference:

The downside prevails as long as 141.6 is resistance.

Alternative scenario:

Above 141.6, look for 144.5 and 146.3.

Comment:

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 140.7 and 140.8).

Ethereum Classic / Dollar intraday: the downside prevails as long as 12.43 is resistance

Our pivot point is at 12.43.

Our preference:

The downside prevails as long as 12.43 is resistance.

Alternative scenario:

The upside breakout of 12.43, would call for 12.68 and 12.83.

Comment:

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 12.29 and 12.36).