EUR/USD Intraday: the downside prevails.

Pivot:

0.9915

Our preference:

Short positions below 0.9915 with targets at 0.9865 & 0.9850 in extension.

Alternative scenario:

Above 0.9915 look for further upside with 0.9930 & 0.9945 as targets.

Comment:

The RSI advocates for further downside.

Gold Intraday: expect 1618.00.

Pivot:

1642.00

Our preference:

Short positions below 1642.00 with targets at 1624.00 & 1618.00 in extension.

Alternative scenario:

Above 1642.00 look for further upside with 1647.00 & 1653.00 as targets.

Comment:

The RSI is bearish and calls for further downside.

Crude Oil (WTI)‎ (Z2)‎ Intraday: key resistance at 87.60.

Pivot:

87.60

Our preference:

Short positions below 87.60 with targets at 85.30 & 84.20 in extension.

Alternative scenario:

Above 87.60 look for further upside with 88.70 & 89.80 as targets.

Comment:

The RSI is mixed to bearish.

GBP/USD Intraday: watch 1.1400.

Pivot:

1.1520

Our preference:

Short positions below 1.1520 with targets at 1.1430 & 1.1400 in extension.

Alternative scenario:

Above 1.1520 look for further upside with 1.1550 & 1.1580 as targets.

Comment:

The RSI is bearish and calls for further decline.

USD/JPY Intraday: bullish bias above 148.10.

Pivot:

148.10

Our preference:

Long positions above 148.10 with targets at 149.00 & 149.40 in extension.

Alternative scenario:

Below 148.10 look for further downside with 147.70 & 147.30 as targets.

Comment:

The RSI has just landed on its neutrality area at 50% and is turning up.

AUD/USD Intraday: rebound expected.

Pivot:

0.6385

Our preference:

Long positions above 0.6385 with targets at 0.6425 & 0.6445 in extension.

Alternative scenario:

Below 0.6385 look for further downside with 0.6365 & 0.6345 as targets.

Comment:

The RSI shows upside momentum.

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