EUR/USD Intraday: bullish bias above 0.9925.

Pivot:

0.9925

Our preference:

Long positions above 0.9925 with targets at 0.9980 & 1.0000 in extension.

Alternative scenario:

Below 0.9925 look for further downside with 0.9910 & 0.9890 as targets.

Comment:

A support base at 0.9925 has formed and has allowed for a temporary stabilisation.

Gold Intraday: key resistance at 1653.00.

Pivot:

1653.00

Our preference:

Short positions below 1653.00 with targets at 1637.00 & 1630.00 in extension.

Alternative scenario:

Above 1653.00 look for further upside with 1660.00 & 1669.00 as targets.

Comment:

As long as the resistance at 1653.00 is not surpassed, the risk of the break below 1637.00 remains high.

Crude Oil (WTI)‎ (Z2)‎ Intraday: consolidation.

Pivot:

88.70

Our preference:

Short positions below 88.70 with targets at 87.40 & 86.60 in extension.

Alternative scenario:

Above 88.70 look for further upside with 89.80 & 90.50 as targets.

Comment:

As long as 88.70 is resistance, look for choppy price action with a bearish bias.

GBP/USD Intraday: towards 1.1645.

Pivot:

1.1555

Our preference:

Long positions above 1.1555 with targets at 1.1620 & 1.1645 in extension.

Alternative scenario:

Below 1.1555 look for further downside with 1.1530 & 1.1500 as targets.

Comment:

The RSI calls for a bounce.

USD/JPY Intraday: the upside prevails.

Pivot:

147.10

Our preference:

Long positions above 147.10 with targets at 148.00 & 148.30 in extension.

Alternative scenario:

Below 147.10 look for further downside with 146.80 & 146.50 as targets.

Comment:

The RSI is bullish and calls for further advance.

AUD/USD Intraday: the bias remains bullish.

Pivot:

0.6385

Our preference:

Long positions above 0.6385 with targets at 0.6430 & 0.6445 in extension.

Alternative scenario:

Below 0.6385 look for further downside with 0.6370 & 0.6350 as targets.

Comment:

A support base at 0.6385 has formed and has allowed for a temporary stabilisation.