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)‎ (M5)‎ Intraday: towards 62.65.

Pivot:

61.30

Our preference:

Long positions above 61.30 with targets at 62.65 & 63.50 in extension.

Alternative scenario:

Below 61.30 look for further downside with 60.70 & 59.85 as targets.

Comment:

The next resistances are at 62.65 and then at 63.50.

Gold Intraday: the upside prevails.

Pivot:

3312.00

Our preference:

Long positions above 3312.00 with targets at 3383.00 & 3423.00 in extension.

Alternative scenario:

Below 3312.00 look for further downside with 3278.00 & 3245.00 as targets.

Comment:

The immediate trend remains up and the momentum is strong.

Bitcoin / Dollar intraday: target 80720

Our pivot point is at 85460.

Our preference:

Target 80720.

Alternative scenario:

The upside breakout of 85460, would call for 87290 and 88380.

Comment:

The RSI is below 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 its 20 period moving average (84454) but above its 50 period moving average (83998).

USD/JPY Intraday: the downside prevails.

Pivot:

142.90

Our preference:

Short positions below 142.90 with targets at 141.15 & 140.60 in extension.

Alternative scenario:

Above 142.90 look for further upside with 143.30 & 143.60 as targets.

Comment:

The RSI is bearish and calls for further downside.

EUR/USD Intraday: further advance.

Pivot:

1.1340

Our preference:

Long positions above 1.1340 with targets at 1.1435 & 1.1465 in extension.

Alternative scenario:

Below 1.1340 look for further downside with 1.1305 & 1.1270 as targets.

Comment:

The RSI lacks downward momentum.

Binance Coin / Dollar intraday: as long as 591.7 is resistance look for 562.7

Our pivot point is at 591.7.

Our preference:

As long as 591.7 is resistance look for 562.7.

Alternative scenario:

The upside breakout of 591.7, would call for 602.6 and 609.2.

Comment:

The RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is trading above its 20 period moving average (581.6) but under its 50 period moving average (583.7).

Solana / Dollar intraday: as long as 127.7 is support look for 138.8

127.7 is our pivot point.

Our preference:

As long as 127.7 is support look for 138.8.

Alternative scenario:

Below 127.7, expect 123.6 and 121.1.

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 130.3 and 127.5).