EUR/USD Intraday: further upside.

Pivot:

1.0480

Our preference:

Long positions above 1.0480 with targets at 1.0560 & 1.0590 in extension.

Alternative scenario:

Below 1.0480 look for further downside with 1.0450 & 1.0420 as targets.

Comment:

The RSI is bullish and calls for further advance.

Gold Intraday: the upside prevails.

Pivot:

1789.00

Our preference:

Long positions above 1789.00 with targets at 1811.00 & 1823.00 in extension.

Alternative scenario:

Below 1789.00 look for further downside with 1782.00 & 1774.00 as targets.

Comment:

The RSI is bullish and calls for further advance.

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

Pivot:

82.10

Our preference:

Short positions below 82.10 with targets at 80.90 & 80.30 in extension.

Alternative scenario:

Above 82.10 look for further upside with 82.70 & 83.30 as targets.

Comment:

As long as 82.10 is resistance, look for choppy price action with a bearish bias.

GBP/USD Intraday: the upside prevails.

Pivot:

1.2210

Our preference:

Long positions above 1.2210 with targets at 1.2300 & 1.2350 in extension.

Alternative scenario:

Below 1.2210 look for further downside with 1.2160 & 1.2110 as targets.

Comment:

The RSI calls for a bounce.

USD/JPY Intraday: under pressure.

Pivot:

136.00

Our preference:

Short positions below 136.00 with targets at 135.00 & 134.30 in extension.

Alternative scenario:

Above 136.00 look for further upside with 136.60 & 137.10 as targets.

Comment:

As long as the resistance at 136.00 is not surpassed, the risk of the break below 135.00 remains high.

AUD/USD Intraday: key resistance at 0.6840.

Pivot:

0.6840

Our preference:

Short positions below 0.6840 with targets at 0.6760 & 0.6740 in extension.

Alternative scenario:

Above 0.6840 look for further upside with 0.6860 & 0.6880 as targets.

Comment:

The RSI advocates for further downside.