| Wednesday, September 25, 2024 | |
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| EUR/USD Intraday: target 1.1220. | Next |
| Pivot: 1.1165
Our preference: long positions above 1.1165 with targets at 1.1220 & 1.1240 in extension.
Alternative scenario: below 1.1165 look for further downside with 1.1145 & 1.1120 as targets.
Comment: the break above 1.1165 is a positive signal that has opened a path to 1.1220.
|  | | Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced |  |
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| EUR/JPY intraday: the upside prevails as long as 159.92 is support | Previous | Next |
| 159.92 is our pivot point.
Our preference: the upside prevails as long as 159.92 is support.
Alternative scenario: below 159.92, expect 159.13 and 158.66.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 160.20 and 160.27).
|  | | Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced | |
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| Pivot: 1.3390
Our preference: long positions above 1.3390 with targets at 1.3435 & 1.3460 in extension.
Alternative scenario: below 1.3390 look for further downside with 1.3370 & 1.3350 as targets.
Comment: the RSI lacks downward momentum.
|  | | Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced | |
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| GBP/JPY intraday: the upside prevails as long as 191.56 is support | Previous | Next |
| Our pivot point stands at 191.56.
Our preference: the upside prevails as long as 191.56 is support.
Alternative scenario: below 191.56, expect 190.45 and 189.79.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 192.17 and 192.37).
|  | | Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced | |
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| Pivot: 143.80
Our preference: short positions below 143.80 with targets at 142.70 & 142.35 in extension.
Alternative scenario: above 143.80 look for further upside with 144.20 & 144.60 as targets.
Comment: as long as the resistance at 143.80 is not surpassed, the risk of the break below 142.70 remains high.
|  | | Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced | |
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| Pivot: 1.3460
Our preference: short positions below 1.3460 with targets at 1.3410 & 1.3380 in extension.
Alternative scenario: above 1.3460 look for further upside with 1.3485 & 1.3510 as targets.
Comment: a break below 1.3410 would trigger a drop towards 1.3380.
|  | | Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced | |
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| Crude Oil (WTI) (X4) Intraday: key resistance at 71.95. | Previous | Next |
| Pivot: 71.95
Our preference: short positions below 71.95 with targets at 71.10 & 70.45 in extension.
Alternative scenario: above 71.95 look for further upside with 72.40 & 73.00 as targets.
Comment: the RSI calls for a drop.
|  | | Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced | |
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| Brent (ICE) (Z4) Intraday: key resistance at 74.70. | Previous | Next |
| Pivot: 74.70
Our preference: short positions below 74.70 with targets at 73.95 & 73.25 in extension.
Alternative scenario: above 74.70 look for further upside with 75.10 & 75.60 as targets.
Comment: the RSI calls for a drop.
|  | | Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced | |
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| Dow Jones (CME) (Z4) Intraday: bullish bias above 42400.00. | Previous | Next |
| Pivot: 42400.00
Our preference: long positions above 42400.00 with targets at 42650.00 & 42780.00 in extension.
Alternative scenario: below 42400.00 look for further downside with 42250.00 & 42140.00 as targets.
Comment: the RSI is mixed to bullish.
|  | | Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced | |
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| Gold Intraday: bullish bias above 2638.00. | Previous |
| Pivot: 2638.00
Our preference: long positions above 2638.00 with targets at 2670.00 & 2685.00 in extension.
Alternative scenario: below 2638.00 look for further downside with 2623.00 & 2613.00 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
|  | | Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced | |
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