EUR/USD Intraday: towards 1.0360.

Pivot:

1.0430

Our preference:

Short positions below 1.0430 with targets at 1.0380 & 1.0360 in extension.

Alternative scenario:

Above 1.0430 look for further upside with 1.0450 & 1.0470 as targets.

Comment:

The upward potential is likely to be limited by the resistance at 1.0430.

Gold Intraday: the bias remains bullish.

Pivot:

1748.00

Our preference:

Long positions above 1748.00 with targets at 1761.00 & 1767.00 in extension.

Alternative scenario:

Below 1748.00 look for further downside with 1740.00 & 1732.00 as targets.

Comment:

Intraday technical indicators lack momentum.

Crude Oil (WTI)‎ (F3)‎ Intraday: choppy.

Pivot:

78.90

Our preference:

Short positions below 78.90 with targets at 76.80 & 76.25 in extension.

Alternative scenario:

Above 78.90 look for further upside with 79.90 & 80.60 as targets.

Comment:

As long as 78.90 is resistance, look for choppy price action with a bearish bias.

GBP/USD Intraday: consolidation.

Pivot:

1.2150

Our preference:

Short positions below 1.2150 with targets at 1.2080 & 1.2060 in extension.

Alternative scenario:

Above 1.2150 look for further upside with 1.2175 & 1.2200 as targets.

Comment:

As long as 1.2150 is resistance, look for choppy price action with a bearish bias.

USD/JPY Intraday: continuation of the rebound.

Pivot:

138.30

Our preference:

Long positions above 138.30 with targets at 139.05 & 139.40 in extension.

Alternative scenario:

Below 138.30 look for further downside with 138.05 & 137.80 as targets.

Comment:

The RSI shows upside momentum.

AUD/USD Intraday: the bias remains bullish.

Pivot:

0.6730

Our preference:

Long positions above 0.6730 with targets at 0.6780 & 0.6800 in extension.

Alternative scenario:

Below 0.6730 look for further downside with 0.6715 & 0.6700 as targets.

Comment:

The RSI has just landed on its neutrality area at 50% and is turning up.