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AUD/JPYAUD/JPY

20240502 20:05

AUD/JPY intraday: the downside prevails as long as 100.97 is resistance

Our pivot point stands at 100.97.

Our preference: the downside prevails as long as 100.97 is resistance.

Alternative scenario: the upside breakout of 100.97, would call for 101.38 and 101.63.

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 100.95 and 101.42).

Supports and resistances:

101.63 **

101.38 *

100.97 **

100.81

100.61 last

100.10

99.85 **

99.61 *

99.36 **

AUD/JPYAUD/JPY

20240502 20:05

AUD/JPY intraday: the downside prevails as long as 100.97 is resistance

Our pivot point stands at 100.97.

Our preference: the downside prevails as long as 100.97 is resistance.

Alternative scenario: above 100.97, look for 101.38 and 101.63.

Comment: the RSI is below 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 100.95 and 101.42).

Supports and resistances:

101.63 **

101.38 *

100.97 **

100.81

100.61 last

100.10

99.85 **

99.61 *

99.36 **

EUR/GBPEUR/GBP

20240502 20:05

EUR/GBP intraday: the upside prevails as long as 0.8551 is support

Our pivot point stands at 0.8551.

Our preference: the upside prevails as long as 0.8551 is support.

Alternative scenario: the downside breakout of 0.8551 would call for 0.8539 and 0.8531.

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 0.8556 and 0.8553).

Supports and resistances:

0.8596 **

0.8589 *

0.8582 **

0.8575

0.8560 last

0.8555

0.8551 **

0.8539 *

0.8531 **

GBP/JPYGBP/JPY

20240502 20:06

GBP/JPY intraday: the RSI is oversold

Our pivot point stands at 192.59.

Our preference: the downside prevails as long as 192.59 is resistance.

Alternative scenario: above 192.59, look for 193.24 and 193.64.

Comment: the RSI is trading below 30. This could mean that either the pair is in a lasting downtrend or just oversold and that therefore a rebound could shape (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 193.14 and 194.41).

Supports and resistances:

193.64 **

193.24 *

192.59 **

192.33

192.04 last

191.26

190.86 **

190.47 *

190.08 **

NZD/USDNZD/USD

20240502 20:06

NZD/USD intraday: the upside prevails as long as 0.5938 is support

0.5938 is our pivot point.

Our preference: the upside prevails as long as 0.5938 is support.

Alternative scenario: below 0.5938, expect 0.5918 and 0.5906.

Comment: the RSI is trading above 70. This could mean that either the pair is in a lasting uptrend or just overbought and that therefore a correction could shape (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 0.5935 and 0.5930).

Supports and resistances:

0.6014 **

0.6002 *

0.5990 **

0.5978

0.5954 last

0.5946

0.5938 **

0.5918 *

0.5906 **