Daily Market Newsletter

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

Crude Oil (WTI)‎ (U6)‎ intraday: 80.00 in sight.

Pivot:

83.80

Our preference:

Short positions below 83.80 with targets at 81.40 & 80.00 in extension.

Alternative scenario:

Above 83.80 look for further upside with 84.80 & 85.70 as targets.

Comment:

The RSI advocates for further decline.

Gold intraday : Pivotal moment

Our pivot point is at 4,060.

Our preference:

The upside prevails as long as 4,060 is support, with 4,127 and 4,145 as targets

Alternative scenario:

Below 4,060, expect 4,030 and 4,013.

Comment:

The price is dangerously moving towards our pivot, one of the final opportunities for a reversal.

Bitcoin / USD intraday : Decline at a crossroads

Our pivot point is at 65,226.

Our preference:

The downside prevails as long as 65,226 is resistance, with 63,482 and 63,037 as targets

Alternative scenario:

Above 65,226, look for 65,977 and 66,424.

Comment:

Prices are now within reach of our first target, a level that could trigger a pullback. On the flip side, a decisive break below it may extend the current decline.

USD/JPY intraday : Towards 164.12

Our pivot point is at 163.49.

Our preference:

The upside prevails as long as 163.49 is support, with 164.12 and 164.28 as targets

Alternative scenario:

Below 163.49, expect 163.21 and 163.05.

Comment:

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 163.73 and 163.64).

EUR/USD intraday : Watch 1.1342

Our pivot point is at 1.1394.

Our preference:

The upside prevails as long as 1.1328 is support, with 1.1385 and 1.1394 as targets

Alternative scenario:

Below 1.1394, expect 1.1315 and 1.1301.

Comment:

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 1.1372 and 1.1389).

Binance Coin / Dollar intraday : 578.0 expected

Our pivot point is at 559.1.

Our preference:

The upside prevails as long as 559.1 is support, with 578.0 and 583.3 as targets

Alternative scenario:

Below 559.1, expect 550.2 and 544.9.

Comment:

Price action continues to hover between key levels.

Solana / Dollar intraday : Rebound or deeper decline ahead?

Our pivot point is at 76.5.

Our preference:

The downside prevails as long as 76.5 is resistance, with 73.4 and 72.6 as targets

Alternative scenario:

Above 76.5, look for 77.9 and 78.7.

Comment:

The approach toward our first target represents a key level to monitor, it may trigger pressure for a pullback, though a firm close below this threshold could lead prices lower.