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)‎ (V6)‎ intraday: aim @ 83.15.

Pivot:

86.25

Our preference:

Short positions below 86.25 with targets at 83.90 & 83.15 in extension.

Alternative scenario:

Above 86.25 look for further upside with 87.65 & 88.40 as targets.

Comment:

The RSI is mixed to bearish.

Gold intraday : Aim at 4,741

Our pivot point is at 4,625.

Our preference:

The upside prevails as long as 4,625 is support, with 4,741 and 4,773 as targets

Alternative scenario:

Below 4,625, expect 4,572 and 4,541.

Comment:

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 4,654 and 4,645).

Bitcoin / USD intraday : Aim at 80,151

Our pivot point is at 78,378.

Our preference:

The upside prevails as long as 78,378 is support, with 80,151 and 80,523 as targets

Alternative scenario:

Below 78,378, expect 77,756 and 77,387.

Comment:

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price is below its 20 period moving average (78,991) but above its 50 period moving average (78,125).

USD/JPY intraday : Aim at 159.43

Our pivot point is at 158.67.

Our preference:

The upside prevails as long as 158.67 is support, with 159.43 and 159.62 as targets

Alternative scenario:

Below 158.67, expect 158.34 and 158.15.

Comment:

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price is below its 20 period moving average (159.13) but above its 50 period moving average (159.05).

EUR/USD intraday : Expect 1.1634

Our pivot point is at 1.1685.

Our preference:

The downside prevails as long as 1.1685 is resistance, with 1.1634 and 1.1621 as targets

Alternative scenario:

Above 1.1685, look for 1.1707 and 1.1720.

Comment:

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The price stands above its 20 period moving average (1.1664) but below its 50 period moving average (1.1670).

Binance Coin / Dollar intraday : Pivot threshold in sight

Our pivot point is at 699.9.

Our preference:

The upside prevails as long as 699.9 is support, with 721.6 and 724.9 as targets

Alternative scenario:

Below 699.9, expect 694.5 and 691.3.

Comment:

Price is close to our pivot level; this could be the last opportunity for a reversal.

Solana / Dollar intraday : Watching for a Trigger Above Resistance

Our pivot point is at 87.0.

Our preference:

Rise to 101.9

Alternative scenario:

Below 87.0, expect 86.0 and 85.4.

Comment:

Prices are now closing in on our first target. Should this level hold, a throwback is likely to emerge; however, a convincing break above it could open the door to additional upside.