EUR/USD Intraday: the bias remains bullish.

Pivot:

1.0265

Our preference:

Long positions above 1.0265 with targets at 1.0370 & 1.0400 in extension.

Alternative scenario:

Below 1.0265 look for further downside with 1.0230 & 1.0200 as targets.

Comment:

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

Gold Intraday: bullish bias above 1753.00.

Pivot:

1753.00

Our preference:

Long positions above 1753.00 with targets at 1775.00 & 1784.00 in extension.

Alternative scenario:

Below 1753.00 look for further downside with 1743.00 & 1731.00 as targets.

Comment:

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

Crude Oil (WTI)‎ (Z2)‎ Intraday: intraday support around 87.95.

Pivot:

87.95

Our preference:

Long positions above 87.95 with targets at 90.10 & 90.90 in extension.

Alternative scenario:

Below 87.95 look for further downside with 87.30 & 86.50 as targets.

Comment:

Technically the RSI is above its neutrality area at 50.

GBP/USD Intraday: bullish bias above 1.1740.

Pivot:

1.1740

Our preference:

Long positions above 1.1740 with targets at 1.1855 & 1.1900 in extension.

Alternative scenario:

Below 1.1740 look for further downside with 1.1700 & 1.1660 as targets.

Comment:

The RSI calls for a bounce.

USD/JPY Intraday: rebound expected.

Pivot:

138.45

Our preference:

Long positions above 138.45 with targets at 140.10 & 140.90 in extension.

Alternative scenario:

Below 138.45 look for further downside with 137.70 & 137.00 as targets.

Comment:

The RSI calls for a rebound.

AUD/USD Intraday: expect 0.6750.

Pivot:

0.6640

Our preference:

Long positions above 0.6640 with targets at 0.6720 & 0.6750 in extension.

Alternative scenario:

Below 0.6640 look for further downside with 0.6600 & 0.6560 as targets.

Comment:

The RSI calls for a bounce.