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)‎ (J5)‎ Intraday: under pressure.

Pivot:

72.55

Our preference:

Short positions below 72.55 with targets at 71.85 & 71.45 in extension.

Alternative scenario:

Above 72.55 look for further upside with 72.85 & 73.25 as targets.

Comment:

A break below 71.85 would trigger a drop towards 71.45.

Gold Intraday: key resistance at 2940.00.

Pivot:

2940.00

Our preference:

Short positions below 2940.00 with targets at 2915.00 & 2904.00 in extension.

Alternative scenario:

Above 2940.00 look for further upside with 2950.00 & 2965.00 as targets.

Comment:

As long as 2940.00 is resistance, look for choppy price action with a bearish bias.

Bitcoin / Dollar intraday: as long as 95150 is support look for 98810

Our pivot point stands at 95150.

Our preference:

As long as 95150 is support look for 98810.

Alternative scenario:

Below 95150, expect 93820 and 93030.

Comment:

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 96155 and 95713).

USD/JPY Intraday: under pressure.

Pivot:

151.85

Our preference:

Short positions below 151.85 with targets at 150.90 & 150.50 in extension.

Alternative scenario:

Above 151.85 look for further upside with 152.20 & 152.45 as targets.

Comment:

The RSI calls for a new downleg.

EUR/USD Intraday: the downside prevails.

Pivot:

1.0445

Our preference:

Short positions below 1.0445 with targets at 1.0400 & 1.0385 in extension.

Alternative scenario:

Above 1.0445 look for further upside with 1.0460 & 1.0475 as targets.

Comment:

As long as the resistance at 1.0445 is not surpassed, the risk of the break below 1.0400 remains high.

Binance Coin / Dollar intraday: under pressure below 662.3

Our pivot point stands at 662.3.

Our preference:

Under pressure below 662.3.

Alternative scenario:

Above 662.3, look for 674.1 and 681.1.

Comment:

The RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 652.2 and 653.1).

Solana / Dollar intraday: the downside prevails as long as 172.9 is resistance

Our pivot point stands at 172.9.

Our preference:

The downside prevails as long as 172.9 is resistance.

Alternative scenario:

Above 172.9, look for 178.0 and 181.0.

Comment:

The RSI is below 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 170.6 and 169.2).