EUR/USD Intraday: watch 0.9960.

Pivot:

1.0050

Our preference:

Short positions below 1.0050 with targets at 0.9980 & 0.9960 in extension.

Alternative scenario:

Above 1.0050 look for further upside with 1.0070 & 1.0095 as targets.

Comment:

The RSI advocates for further downside.

Gold Intraday: consolidation in place.

Pivot:

1722.00

Our preference:

Short positions below 1722.00 with targets at 1695.00 & 1682.00 in extension.

Alternative scenario:

Above 1722.00 look for further upside with 1734.00 & 1745.00 as targets.

Comment:

As long as 1722.00 is resistance, look for choppy price action with a bearish bias.

Crude Oil (WTI)‎ (Z2)‎ Intraday: the downside prevails.

Pivot:

87.80

Our preference:

Short positions below 87.80 with targets at 84.30 & 83.20 in extension.

Alternative scenario:

Above 87.80 look for further upside with 88.80 & 89.70 as targets.

Comment:

The RSI shows downside momentum.

GBP/USD Intraday: under pressure.

Pivot:

1.1440

Our preference:

Short positions below 1.1440 with targets at 1.1320 & 1.1260 in extension.

Alternative scenario:

Above 1.1440 look for further upside with 1.1500 & 1.1560 as targets.

Comment:

The RSI is bearish and calls for further decline.

USD/JPY Intraday: continuation of the rebound.

Pivot:

145.90

Our preference:

Long positions above 145.90 with targets at 146.90 & 147.20 in extension.

Alternative scenario:

Below 145.90 look for further downside with 145.60 & 145.20 as targets.

Comment:

The RSI calls for a new upleg.

AUD/USD Intraday: expect 0.6370.

Pivot:

0.6465

Our preference:

Short positions below 0.6465 with targets at 0.6400 & 0.6370 in extension.

Alternative scenario:

Above 0.6465 look for further upside with 0.6495 & 0.6520 as targets.

Comment:

The RSI calls for a new downleg.