ANALYST VIEWS
#GBPJPY
"GBP/JPY may fall 119 - 175 pips"
TECHNICAL ANALYSIS
Support: 181.88, 181.32, 180.76,180.20
Resistance: 183.45, 183.82, 184.76, 185.31
Our preference
The downside prevails as long as 183.82 is resistance.
Alternative scenario
The upside breakout of 183.82, would call for 184.76 and 185.31.
Comment
The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 183.12 and 183.27).
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
ANALYST VIEWS
#WTI
"Crude Oil (WTI) may rise to 91.15 - 91.70"
TECHNICAL ANALYSIS
Support: 90.00, 89.40, 88.80
Resistance: 91.15, 91.70, 92.30
Our preference
Long positions above 90.00 with targets at 91.15 & 91.70 in extension.
Alternative scenario
Below 90.00 look for further downside with 89.40 & 88.80 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
ANALYST VIEWS
#Gold
"Gold may fall to 1898.00 - 1902.00"
TECHNICAL ANALYSIS
Support: 1902.00, 1898.00, 1892.00
Resistance: 1914.00, 1919.00, 1924.00
Our preference
Short positions below 1914.00 with targets at 1902.00 & 1898.00 in extension.
Alternative scenario
Above 1914.00 look for further upside with 1919.00 & 1924.00 as targets.
Comment
The RSI calls for a new downleg.
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
ANALYST VIEWS
#WTI
"Crude Oil (WTI) may rise to 90.30 - 90.70"
TECHNICAL ANALYSIS
Support: 88.75, 88.40, 87.85
Resistance: 90.30, 90.70, 91.30
Our preference
Long positions above 88.75 with targets at 90.30 & 90.70 in extension.
Alternative scenario
Below 88.75 look for further downside with 88.40 & 87.85 as targets.
Comment
The immediate trend remains up and the momentum is strong.
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
ANALYST VIEWS
#NZDUSD
"NZD/USD may rise to 0.6077 - 0.6154"
TECHNICAL ANALYSIS
Support: 0.5851, 0.5800, 0.5670, 0.5593
Resistance: 0.6077, 0.6154, 0.6232, 0.6309
Our preference
Rebound towards 0.6154.
Alternative scenario
The downside breakout of 0.5800 would call for 0.5670 and 0.5593.
Comment
The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.5922 and 0.6068).
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
ANALYST VIEWS
#GBPJPY
"GBP/JPY may rise 99 - 145 pips"
TECHNICAL ANALYSIS
Support: 184.71, 184.41, 183.64, 183.19
Resistance: 186.04, 186.50, 186.96, 187.42
Our preference
The upside prevails as long as 184.41 is support.
Alternative scenario
Below 184.41, expect 183.64 and 183.19.
Comment
The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 184.71 and 184.62).
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
ANALYST VIEWS
#WTI
"Crude Oil (WTI) may rise to 80.85 - 81.45"
TECHNICAL ANALYSIS
Support: 79.70, 79.20, 78.80
Resistance: 80.85, 81.45, 81.75
Our preference
Long positions above 79.70 with targets at 80.85 & 81.45 in extension.
Alternative scenario
Below 79.70 look for further downside with 79.20 & 78.80 as targets.
Comment
The RSI is bullish and calls for further advance.
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
ANALYST VIEWS
#NZDUSD
"NZD/USD may fall to 0.5667 - 0.5746"
TECHNICAL ANALYSIS
Support: 0.5746, 0.5667, 0.5588
Resistance: 0.5988, 0.6040, 0.6173
Our preference
The downside prevails as long as 0.6040 is resistance.
Alternative scenario
Above 0.6040, look for 0.6173 and 0.6252.
Comment
The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.5983 and 0.6114).
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
ANALYST VIEWS
#WTI
"Crude Oil (WTI) may rise to 81.00 - 81.70"
TECHNICAL ANALYSIS
Support: 79.70, 79.20, 78.80
Resistance: 81.00, 81.70, 82.00
Our preference
Long positions above 79.70 with targets at 81.00 & 81.70 in extension.
Alternative scenario
Below 79.70 look for further downside with 79.20 & 78.80 as targets.
Comment
The RSI is mixed with a bullish bias.
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
ANALYST VIEWS
#WTI
"Crude Oil (WTI) may fall to 76.80 - 77.60"
TECHNICAL ANALYSIS
Support: 77.60, 76.80, 76.00
Resistance: 79.25, 79.90, 80.40
Our preference
Short positions below 79.25 with targets at 77.60 & 76.80 in extension.
Alternative scenario
Above 79.25 look for further upside with 79.90 & 80.40 as targets.
Comment
The RSI advocates for further decline.
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
ANALYST VIEWS
#WTI
"Crude Oil (WTI) may rise to 82.30 - 82.70"
TECHNICAL ANALYSIS
Support: 80.55, 79.70, 79.00
Resistance: 82.30, 82.70, 83.10
Our preference
Long positions above 80.55 with targets at 82.30 & 82.70 in extension.
Alternative scenario
Below 80.55 look for further downside with 79.70 & 79.00 as targets.
Comment
The RSI advocates for further advance.
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
Pelanggan yang dihargai, isu ini telah diselesaikan. Semua pelanggan ICM kini boleh membuat pengeluaran seperti biasa.
Terima kasih kerana setia bersama ICM! 🙏🏻
ANALYST VIEWS
#WTI
"Crude Oil (WTI) may rise to 84.30 - 84.80"
TECHNICAL ANALYSIS
Support: 82.65, 82.10, 81.70
Resistance: 84.30, 84.80, 85.50
Our preference
Long positions above 82.65 with targets at 84.30 & 84.80 in extension.
Alternative scenario
Below 82.65 look for further downside with 82.10 & 81.70 as targets.
Comment
The RSI is bullish and calls for further advance.
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
ANALYST VIEWS
#GOLD
"Gold may rise to 1930.00 - 1935.00"
TECHNICAL ANALYSIS
Support: 1918.00, 1913.00, 1907.00
Resistance: 1930.00, 1935.00, 1940.00
Our preference
Long positions above 1918.00 with targets at 1930.00 & 1935.00 in extension.
Alternative scenario
Below 1918.00 look for further downside with 1913.00 & 1907.00 as targets.
Comment
The RSI advocates for further advance.
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
ANALYST VIEWS
#GBPJPY
"GBP/JPY may rise 113 - 169 pips"
TECHNICAL ANALYSIS
Support: 183.32, 182.95, 182.01, 181.45
Resistance: 184.92, 185.48, 186.04, 186.60
Our preference
The upside prevails as long as 182.95 is support.
Alternative scenario
Below 182.95, expect 182.01 and 181.45.
Comment
The RSI is above 70. It could mean either that the pair is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). 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 183.34 and 183.16).
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
ANALYST VIEWS
#USDCAD
"USD/CAD may fall 9 - 29 pips"
TECHNICAL ANALYSIS
Support: 1.3520, 1.3500, 1.3485
Resistance: 1.3560, 1.3585, 1.3605
Our preference
Short positions below 1.3560 with targets at 1.3520 & 1.3500 in extension.
Alternative scenario
Above 1.3560 look for further upside with 1.3585 & 1.3605 as targets.
Comment
The RSI is mixed to bearish.
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
ANALYST VIEWS
#GBPJPY
"GBP/JPY may fall 118 - 174 pips"
TECHNICAL ANALYSIS
Support: 182.54, 181.98, 181.42, 180.86
Resistance: 184.29, 184.66, 185.60, 186.16
Our preference
Eye 181.98.
Alternative scenario
Above 184.66, look for 185.60 and 186.16.
Comment
The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under its 20 period moving average (183.86) but above its 50 period moving average (183.65).
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
ANALYST VIEWS
#Gold
"Gold may rise to 1925.00 - 1930.00"
TECHNICAL ANALYSIS
Support: 1918.00, 1914.00, 1909.00
Resistance: 1925.00, 1930.00, 1935.00
Our preference
Long positions above 1918.00 with targets at 1925.00 & 1930.00 in extension.
Alternative scenario
Below 1918.00 look for further downside with 1914.00 & 1909.00 as targets.
Comment
A support base at 1918.00 has formed and has allowed for a temporary stabilisation.
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
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#Merdeka2023
ANALYST VIEWS
#WTI
"Crude Oil (WTI) may rise to 82.20 - 82.90"
TECHNICAL ANALYSIS
Support: 80.40, 79.70, 79.20
Resistance: 82.20, 82.90, 83.60
Our preference
Long positions above 80.40 with targets at 82.20 & 82.90 in extension.
Alternative scenario
Below 80.40 look for further downside with 79.70 & 79.20 as targets.
Comment
The RSI lacks downward momentum.
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
ANALYST VIEWS
#Gold
"Gold may rise to 1928.00 - 1932.00"
TECHNICAL ANALYSIS
Support: 1917.00, 1913.00, 1908.00
Resistance: 1928.00, 1932.00, 1938.00
Our preference
Long positions above 1917.00 with targets at 1928.00 & 1932.00 in extension.
Alternative scenario
Below 1917.00 look for further downside with 1913.00 & 1908.00 as targets.
Comment
The break above 1917.00 is a positive signal that has opened a path to 1928.00.
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
ANALYST VIEWS
#USDCAD
"USD/CAD may rise 12 - 37 pips"
TECHNICAL ANALYSIS
Support: 1.3570, 1.3550, 1.3530
Resistance: 1.3610, 1.3635, 1.3650
Our preference
Long positions above 1.3570 with targets at 1.3610 & 1.3635 in extension.
Alternative scenario
Below 1.3570 look for further downside with 1.3550 & 1.3530 as targets.
Comment
The RSI shows upside momentum.
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
ANALYST VIEWS
#Gold
"Gold may fall to 1900.00 - 1905.00"
TECHNICAL ANALYSIS
Support: 1905.00, 1900.00, 1900.00
Resistance: 1923.00, 1930.00, 1936.00
Our preference
Short positions below 1923.00 with targets at 1905.00 & 1900.00 in extension.
Alternative scenario
Above 1923.00 look for further upside with 1930.00 & 1936.00 as targets.
Comment
The RSI advocates for further downside.
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
ANALYST VIEWS
#Gold
"Gold may rise to 1930.00 - 1936.00"
TECHNICAL ANALYSIS
Support: 1913.00, 1907.00, 1900.00
Resistance: 1930.00, 1936.00, 1942.00
Our preference
Long positions above 1913.00 with targets at 1930.00 & 1936.00 in extension.
Alternative scenario
Below 1913.00 look for further downside with 1907.00 & 1900.00 as targets.
Comment
The RSI is bullish and calls for further upside.
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
ANALYST VIEWS
#Gold
"Gold may fall to 1878.00 - 1884.00"
TECHNICAL ANALYSIS
Support: 1884.00, 1878.00, 1872.00
Resistance: 1895.00, 1899.00, 1903.00
Our preference
Short positions below 1895.00 with targets at 1884.00 & 1878.00 in extension.
Alternative scenario
Above 1895.00 look for further upside with 1899.00 & 1903.00 as targets.
Comment
As long as the resistance at 1895.00 is not surpassed, the risk of the break below 1884.00 remains high.
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
ANALYST VIEWS
#GBPJPY
"GBP/JPY may fall 101 - 147 pips"
TECHNICAL ANALYSIS
Support: 181.46, 181.00, 180.54, 180.09
Resistance: 182.79, 183.09, 183.85, 184.31
Our preference
Target 181.00.
Alternative scenario
Above 183.09, look for 183.85 and 184.31.
Comment
The RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the pair is trading under its 20 period moving average (182.69) but above its 50 period moving average (182.47).
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.
ANALYST VIEWS
#USDJPY
"USD/JPY may fall 34 - 84 pips"
TECHNICAL ANALYSIS
Support: 142.00, 141.50, 141.15
Resistance: 142.90, 143.55, 144.00
Our preference
Short positions below 142.90 with targets at 142.00 & 141.50 in extension.
Alternative scenario
Above 142.90 look for further upside with 143.55 & 144.00 as targets.
Comment
The RSI shows downside momentum.
All the information that we share is just our personal recommendations and the decision to trade is yours. We’re not responsible for any outcomes that might occur.