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)‎ (Z6)‎ intraday: bullish bias above 91.90.

Pivot:

91.90

Our preference:

Long positions above 91.90 with targets at 96.00 & 98.00 in extension.

Alternative scenario:

Below 91.90 look for further downside with 90.90 & 88.90 as targets.

Comment:

The RSI is mixed to bullish.

Gold intraday : Pivot threshold in sight

Our pivot point is at 4,124.

Our preference:

The downside prevails as long as 4,124 is resistance, with 4,040 and 4,018 as targets

Alternative scenario:

Above 4,124, look for 4,161 and 4,183.

Comment:

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

Bitcoin / USD intraday: under pressure.

Pivot:

82600

Our preference:

Short positions below 82600 with targets at 81000 & 80160 in extension.

Alternative scenario:

Above 82600 look for further upside with 83280 & 84000 as targets.

Comment:

The RSI is bearish and calls for further decline.

USD/JPY intraday : Expect 157.58

Our pivot point is at 158.59.

Our preference:

Under pressure below 158.59, with 157.58 and 157.34 as targets

Alternative scenario:

Above 158.59, look for 158.99 and 159.23.

Comment:

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 158.52 and 158.43).

EUR/USD intraday : First target, continuation or consolidation?

Our pivot point is at 1.1132.

Our preference:

Rebound above 1.1132 towards 1.1192

Alternative scenario:

Below 1.1132, expect 1.1112 and 1.1100.

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.

Binance Coin / Dollar intraday : Critical support closing in

Our pivot point is at 744.5.

Our preference:

The downside prevails as long as 744.5 is resistance, with 725.1 and 720.0 as targets

Alternative scenario:

Above 744.5, look for 753.2 and 758.4.

Comment:

Prices are now edging toward our first target. Should this level be reached, a pullback is likely to surface; yet a convincing break below it could open the door to further losses.

Solana / Dollar intraday : 102.2 in sight

Our pivot point is at 107.1.

Our preference:

The downside prevails as long as 107.1 is resistance, with 102.2 and 101.1 as targets

Alternative scenario:

Above 107.1, look for 109.1 and 110.2.

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 104.3 and 106.0).