EUR/USD Intraday: the downside prevails.

Pivot:

0.9900

Our preference:

Short positions below 0.9900 with targets at 0.9850 & 0.9830 in extension.

Alternative scenario:

Above 0.9900 look for further upside with 0.9920 & 0.9940 as targets.

Comment:

As long as the resistance at 0.9900 is not surpassed, the risk of the break below 0.9850 remains high.

Gold Intraday: bullish bias above 1640.00.

Pivot:

1640.00

Our preference:

Long positions above 1640.00 with targets at 1655.00 & 1661.00 in extension.

Alternative scenario:

Below 1640.00 look for further downside with 1631.00 & 1624.00 as targets.

Comment:

The RSI is mixed with a bullish bias.

Crude Oil (WTI)‎ (Z2)‎ Intraday: intraday support around 87.60.

Pivot:

87.60

Our preference:

Long positions above 87.60 with targets at 89.45 & 90.40 in extension.

Alternative scenario:

Below 87.60 look for further downside with 87.00 & 86.40 as targets.

Comment:

The next resistances are at 89.45 and then at 90.40.

GBP/USD Intraday: watch 1.1435.

Pivot:

1.1520

Our preference:

Short positions below 1.1520 with targets at 1.1460 & 1.1435 in extension.

Alternative scenario:

Above 1.1520 look for further upside with 1.1540 & 1.1565 as targets.

Comment:

The upward potential is likely to be limited by the resistance at 1.1520.

USD/JPY Intraday: bullish bias above 147.50.

Pivot:

147.50

Our preference:

Long positions above 147.50 with targets at 148.40 & 148.80 in extension.

Alternative scenario:

Below 147.50 look for further downside with 147.25 & 147.00 as targets.

Comment:

Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

AUD/USD Intraday: under pressure.

Pivot:

0.6420

Our preference:

Short positions below 0.6420 with targets at 0.6365 & 0.6340 in extension.

Alternative scenario:

Above 0.6420 look for further upside with 0.6440 & 0.6460 as targets.

Comment:

The RSI calls for a new downleg.