EUR/USD Intraday: the upside prevails.

Pivot:

0.9965

Our preference:

Long positions above 0.9965 with targets at 1.0050 & 1.0080 in extension.

Alternative scenario:

Below 0.9965 look for further downside with 0.9930 & 0.9900 as targets.

Comment:

The RSI advocates for further advance.

Gold Intraday: bullish bias above 1664.00.

Pivot:

1664.00

Our preference:

Long positions above 1664.00 with targets at 1682.00 & 1690.00 in extension.

Alternative scenario:

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

Comment:

The immediate trend remains up but the momentum is weak.

Crude Oil (WTI)‎ (Z2)‎ Intraday: intraday support around 91.55.

Pivot:

91.55

Our preference:

Long positions above 91.55 with targets at 92.80 & 93.70 in extension.

Alternative scenario:

Below 91.55 look for further downside with 91.10 & 90.40 as targets.

Comment:

A support base at 91.55 has formed and has allowed for a temporary stabilisation.

GBP/USD Intraday: further upside.

Pivot:

1.1440

Our preference:

Long positions above 1.1440 with targets at 1.1560 & 1.1610 in extension.

Alternative scenario:

Below 1.1440 look for further downside with 1.1390 & 1.1340 as targets.

Comment:

The RSI is bullish and calls for further advance.

USD/JPY Intraday: watch 145.90.

Pivot:

147.20

Our preference:

Short positions below 147.20 with targets at 146.20 & 145.90 in extension.

Alternative scenario:

Above 147.20 look for further upside with 147.55 & 147.90 as targets.

Comment:

As long as 147.20 is resistance, look for choppy price action with a bearish bias.

AUD/USD Intraday: bullish bias above 0.6440.

Pivot:

0.6440

Our preference:

Long positions above 0.6440 with targets at 0.6500 & 0.6520 in extension.

Alternative scenario:

Below 0.6440 look for further downside with 0.6420 & 0.6400 as targets.

Comment:

The RSI calls for a bounce.