EUR/USD Intraday: watch 1.0470.

Pivot:

1.0370

Our preference:

Long positions above 1.0370 with targets at 1.0440 & 1.0470 in extension.

Alternative scenario:

Below 1.0370 look for further downside with 1.0340 & 1.0310 as targets.

Comment:

The RSI is bullish and calls for further upside.

Gold Intraday: further advance.

Pivot:

1760.00

Our preference:

Long positions above 1760.00 with targets at 1777.00 & 1784.00 in extension.

Alternative scenario:

Below 1760.00 look for further downside with 1754.00 & 1748.00 as targets.

Comment:

The RSI is bullish and calls for further upside.

Crude Oil (WTI)‎ (F3)‎ Intraday: watch 82.00.

Pivot:

79.50

Our preference:

Long positions above 79.50 with targets at 81.40 & 82.00 in extension.

Alternative scenario:

Below 79.50 look for further downside with 79.00 & 78.40 as targets.

Comment:

The RSI calls for a bounce.

GBP/USD Intraday: further upside.

Pivot:

1.2020

Our preference:

Long positions above 1.2020 with targets at 1.2100 & 1.2130 in extension.

Alternative scenario:

Below 1.2020 look for further downside with 1.1990 & 1.1960 as targets.

Comment:

The RSI advocates for further advance.

USD/JPY Intraday: under pressure.

Pivot:

138.10

Our preference:

Short positions below 138.10 with targets at 136.90 & 136.50 in extension.

Alternative scenario:

Above 138.10 look for further upside with 138.50 & 138.90 as targets.

Comment:

The immediate trend remains down and the momentum is strong.

AUD/USD Intraday: further upside.

Pivot:

0.6750

Our preference:

Long positions above 0.6750 with targets at 0.6820 & 0.6850 in extension.

Alternative scenario:

Below 0.6750 look for further downside with 0.6725 & 0.6700 as targets.

Comment:

The RSI is bullish and calls for further advance.