EUR/USD Intraday: further advance.

Pivot:

0.9870

Our preference:

Long positions above 0.9870 with targets at 0.9965 & 1.0000 in extension.

Alternative scenario:

Below 0.9870 look for further downside with 0.9840 & 0.9810 as targets.

Comment:

The RSI is bullish and calls for further upside.

Gold Intraday: bullish bias above 1664.00.

Pivot:

1664.00

Our preference:

Long positions above 1664.00 with targets at 1685.00 & 1695.00 in extension.

Alternative scenario:

Below 1664.00 look for further downside with 1653.00 & 1643.00 as targets.

Comment:

The RSI is mixed with a bullish bias.

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

Pivot:

92.00

Our preference:

Short positions below 92.00 with targets at 89.80 & 88.80 in extension.

Alternative scenario:

Above 92.00 look for further upside with 92.85 & 94.10 as targets.

Comment:

As long as 92.00 is resistance, look for choppy price action with a bearish bias.

GBP/USD Intraday: bullish bias above 1.1260.

Pivot:

1.1260

Our preference:

Long positions above 1.1260 with targets at 1.1380 & 1.1420 in extension.

Alternative scenario:

Below 1.1260 look for further downside with 1.1230 & 1.1200 as targets.

Comment:

The RSI calls for a bounce.

USD/JPY Intraday: under pressure.

Pivot:

147.60

Our preference:

Short positions below 147.60 with targets at 146.50 & 146.10 in extension.

Alternative scenario:

Above 147.60 look for further upside with 148.00 & 148.40 as targets.

Comment:

The RSI advocates for further decline.

AUD/USD Intraday: the upside prevails.

Pivot:

0.6380

Our preference:

Long positions above 0.6380 with targets at 0.6480 & 0.6510 in extension.

Alternative scenario:

Below 0.6380 look for further downside with 0.6350 & 0.6320 as targets.

Comment:

The RSI is bullish and calls for further advance.