EUR/USD Intraday: under pressure.

Pivot:

1.0360

Our preference:

Short positions below 1.0360 with targets at 1.0300 & 1.0270 in extension.

Alternative scenario:

Above 1.0360 look for further upside with 1.0380 & 1.0395 as targets.

Comment:

The RSI is bearish and calls for further decline.

Gold Intraday: watch 1733.00.

Pivot:

1759.00

Our preference:

Short positions below 1759.00 with targets at 1739.00 & 1733.00 in extension.

Alternative scenario:

Above 1759.00 look for further upside with 1764.00 & 1770.00 as targets.

Comment:

As long as the resistance at 1759.00 is not surpassed, the risk of the break below 1739.00 remains high.

Crude Oil (WTI)‎ (F3)‎ Intraday: bullish bias above 77.70.

Pivot:

77.70

Our preference:

Long positions above 77.70 with targets at 79.70 & 80.40 in extension.

Alternative scenario:

Below 77.70 look for further downside with 77.10 & 76.40 as targets.

Comment:

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

GBP/USD Intraday: the downside prevails.

Pivot:

1.2000

Our preference:

Short positions below 1.2000 with targets at 1.1910 & 1.1880 in extension.

Alternative scenario:

Above 1.2000 look for further upside with 1.2030 & 1.2060 as targets.

Comment:

The RSI advocates for further decline.

USD/JPY Intraday: towards 139.35.

Pivot:

138.20

Our preference:

Long positions above 138.20 with targets at 139.00 & 139.35 in extension.

Alternative scenario:

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

Comment:

The RSI calls for a bounce.

AUD/USD Intraday: watch 0.6620.

Pivot:

0.6710

Our preference:

Short positions below 0.6710 with targets at 0.6640 & 0.6620 in extension.

Alternative scenario:

Above 0.6710 look for further upside with 0.6730 & 0.6750 as targets.

Comment:

The RSI is bearish and calls for further downside.