Drive confident decisions with simple, actionable trading plans.

AUD/NZDAUD/NZD

20240419 21:17

AUD/NZD intraday: the upside prevails as long as 1.0890 is support

Our pivot point is at 1.0890.

Our preference: the upside prevails as long as 1.0890 is support.

Alternative scenario: below 1.0890, expect 1.0870 and 1.0870.

Comment: the RSI is above its neutrality area at 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 1.0894 and 1.0885).

Supports and resistances:

1.0940 **

1.0930 *

1.0930 **

1.0920

1.0902 last

1.0890

1.0890 **

1.0870 *

1.0870 **

EUR/AUDEUR/AUD

20240419 21:17

EUR/AUD intraday: the downside prevails as long as 1.6625 is resistance

Our pivot point stands at 1.6625.

Our preference: the downside prevails as long as 1.6625 is resistance.

Alternative scenario: the upside breakout of 1.6625, would call for 1.6656 and 1.6675.

Comment: the RSI is below its neutrality area at 50. 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 1.6603 and 1.6602).

Supports and resistances:

1.6675 **

1.6656 *

1.6625 **

1.6612

1.6596 last

1.6553

1.6534 **

1.6515 *

1.6496 **

EUR/USDEUR/USD

20240419 21:17

EUR/USD intraday: target 1.0626

Our pivot point stands at 1.0664.

Our preference: target 1.0626.

Alternative scenario: above 1.0664, look for 1.0677 and 1.0685.

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 price is below its 20 period moving average (1.0657) but above its 50 period moving average (1.0646).

Supports and resistances:

1.0685 **

1.0677 *

1.0664 **

1.0659

1.0653 last

1.0633

1.0626 **

1.0618 *

1.0610 **

EUR/NZDEUR/NZD

20240419 21:18

EUR/NZD intraday: as long as 1.8060 is support look for 1.8158

Our pivot point is at 1.8060.

Our preference: as long as 1.8060 is support look for 1.8158.

Alternative scenario: the downside breakout of 1.8060 would call for 1.8026 and 1.8005.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.8088 and 1.8072).

Supports and resistances:

1.8198 **

1.8178 *

1.8158 **

1.8137

1.8095 last

1.8074

1.8060 **

1.8026 *

1.8005 **

GBP/AUDGBP/AUD

20240419 21:18

GBP/AUD intraday: the downside prevails as long as 1.9313 is resistance

Our pivot point stands at 1.9313.

Our preference: the downside prevails as long as 1.9313 is resistance.

Alternative scenario: the upside breakout of 1.9313, would call for 1.9355 and 1.9380.

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 negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.9347 and 1.9374).

Supports and resistances:

1.9380 **

1.9355 *

1.9313 **

1.9296

1.9275 last

1.9222

1.9197 **

1.9172 *

1.9146 **