EUR/USD Intraday: the upside prevails.

Pivot:

1.0370

Our preference:

Long positions above 1.0370 with targets at 1.0440 & 1.0480 in extension.

Alternative scenario:

Below 1.0370 look for further downside with 1.0345 & 1.0320 as targets.

Comment:

The RSI is bullish and calls for further upside.

Gold Intraday: further advance.

Pivot:

1740.00

Our preference:

Long positions above 1740.00 with targets at 1758.00 & 1767.00 in extension.

Alternative scenario:

Below 1740.00 look for further downside with 1732.00 & 1725.00 as targets.

Comment:

The RSI is bullish and calls for further upside.

Crude Oil (WTI)‎ (F3)‎ Intraday: under pressure.

Pivot:

79.10

Our preference:

Short positions below 79.10 with targets at 76.25 & 75.30 in extension.

Alternative scenario:

Above 79.10 look for further upside with 80.60 & 81.70 as targets.

Comment:

The RSI shows downside momentum.

GBP/USD Intraday: further advance.

Pivot:

1.2015

Our preference:

Long positions above 1.2015 with targets at 1.2100 & 1.2140 in extension.

Alternative scenario:

Below 1.2015 look for further downside with 1.1980 & 1.1950 as targets.

Comment:

The RSI calls for a new upleg.

USD/JPY Intraday: watch 138.60.

Pivot:

139.90

Our preference:

Short positions below 139.90 with targets at 138.90 & 138.60 in extension.

Alternative scenario:

Above 139.90 look for further upside with 140.30 & 140.70 as targets.

Comment:

The RSI advocates for further decline.

AUD/USD Intraday: towards 0.6790.

Pivot:

0.6700

Our preference:

Long positions above 0.6700 with targets at 0.6760 & 0.6790 in extension.

Alternative scenario:

Below 0.6700 look for further downside with 0.6680 & 0.6660 as targets.

Comment:

The RSI is bullish and calls for further advance.