EUR/USD Intraday: under pressure.

Pivot:

1.0400

Our preference:

Short positions below 1.0400 with targets at 1.0320 & 1.0280 in extension.

Alternative scenario:

Above 1.0400 look for further upside with 1.0430 & 1.0460 as targets.

Comment:

The RSI advocates for further decline.

Gold Intraday: the downside prevails.

Pivot:

1753.00

Our preference:

Short positions below 1753.00 with targets at 1733.00 & 1727.00 in extension.

Alternative scenario:

Above 1753.00 look for further upside with 1758.00 & 1763.00 as targets.

Comment:

The RSI is bearish and calls for further downside.

Crude Oil (WTI)‎ (F3)‎ Intraday: bullish bias above 75.20.

Pivot:

75.20

Our preference:

Long positions above 75.20 with targets at 77.80 & 78.70 in extension.

Alternative scenario:

Below 75.20 look for further downside with 74.40 & 73.60 as targets.

Comment:

The RSI advocates for further advance.

GBP/USD Intraday: 1.1900 in sight.

Pivot:

1.2010

Our preference:

Short positions below 1.2010 with targets at 1.1935 & 1.1900 in extension.

Alternative scenario:

Above 1.2010 look for further upside with 1.2040 & 1.2080 as targets.

Comment:

The RSI calls for a new downleg.

USD/JPY Intraday: the bias remains bullish.

Pivot:

138.20

Our preference:

Long positions above 138.20 with targets at 139.00 & 139.40 in extension.

Alternative scenario:

Below 138.20 look for further downside with 137.90 & 137.50 as targets.

Comment:

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

AUD/USD Intraday: the downside prevails.

Pivot:

0.6680

Our preference:

Short positions below 0.6680 with targets at 0.6640 & 0.6620 in extension.

Alternative scenario:

Above 0.6680 look for further upside with 0.6700 & 0.6720 as targets.

Comment:

As long as the resistance at 0.6680 is not surpassed, the risk of the break below 0.6640 remains high.