Daily Trading Signals - 13 Mar. 2023 - eng.al-eqar

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Sunday, March 12, 2023

Daily Trading Signals - 13 Mar. 2023

 


The daily Trading signals during next hours 13 Mar. 2023 (the time now is 4.30 am GMT) 
Important note: The market is subject to fluctuations sometimes according to news so low leverage is recommended. 
Our source and the experts give for trading next hours, Feel free to forward this link to a friend:

AUD/USD Intraday: further advance.
Pivot: 0.6605
Our preference:
Long positions above 0.6605 with targets at 0.6700 & 0.6725 in extension.
Alternative scenario:
Below 0.6605 look for further downside with 0.6580 & 0.6560 as targets.

Comment:
The RSI is bullish and calls for further advance.


Gold Intraday: bullish bias above 1866.00.
Pivot: 1866.00
Our preference:
Long positions above 1866.00 with targets at 1900.00 & 1908.00 in extension.
Alternative scenario:
Below 1866.00 look for further downside with 1858.00 & 1849.00 as targets.
Comment:
The RSI is mixed with a bullish bias.



EUR/USD Intraday: the upside prevails.

Pivot: 1.0665
Our preference:
Long positions above 1.0665 with targets at 1.0750 & 1.0775 in extension.
Alternative scenario:
Below 1.0665 look for further downside with 1.0640 & 1.0610 as targets.
Comment:
Technically the RSI is above its neutrality area at 50.


GBP/USD Intraday: further upside.
Pivot: 1.2055
Our preference:
Long positions above 1.2055 with targets at 1.2180 & 1.2220 in extension.
Alternative scenario:
Below 1.2055 look for further downside with 1.2020 & 1.1980 as targets.
Comment:
Technically the RSI is above its neutrality area at 50.


USD/JPY Intraday: key resistance at 135.10.
Pivot: 135.10
Our preference:
Short positions below 135.10 with targets at 133.30 & 132.85 in extension.
Alternative scenario:
Above 135.10 look for further upside with 135.55 & 136.10 as targets.
Comment:
As long as the resistance at 135.10 is not surpassed, the risk of the break below 133.30 remains high.



USD/CAD Intraday: the downside prevails.
Pivot: 1.3790
Our preference:
Short positions below 1.3790 with targets at 1.3675 & 1.3635 in extension.
Alternative scenario:
Above 1.3790 look for further upside with 1.3820 & 1.3860 as targets.
Comment:
The RSI has broken down its 30 level.


Crude Oil (WTI)‎ (J3)‎ Intraday: intraday support around 76.10.
Pivot: 76.10
Our preference:
Long positions above 76.10 with targets at 77.70 & 78.40 in extension.
Alternative scenario:
Below 76.10 look for further downside with 75.40 & 74.80 as targets.
Comment:
Technically the RSI is above its neutrality area at 50.


Nasdaq 100 (CME)‎ (M3)‎ Intraday: look for 12390.00.
Pivot: 12040.00
Our preference:
Long positions above 12040.00 with targets at 12320.00 & 12390.00 in extension.
Alternative scenario:
Below 12040.00 look for further downside with 11930.00 & 11840.00 as targets.
Comment:
The RSI is bullish and calls for further upside.


Dow Jones (CME)‎ (M3)‎ Intraday: rebound.

Pivot: 32240.00
Our preference:
Long positions above 32240.00 with targets at 32890.00 & 33080.00 in extension.
Alternative scenario:
Below 32240.00 look for further downside with 32040.00 & 31800.00 as targets.
Comment:
The RSI is bullish and calls for further advance.



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