GBP/USD Intraday: key resistance at 1.2240.

Pivot:

1.2240

Our preference:

Short positions below 1.2240 with targets at 1.2150 & 1.2120 in extension.

Alternative scenario:

Above 1.2240 look for further upside with 1.2290 & 1.2340 as targets.

Comment:

As long as the resistance at 1.2240 is not surpassed, the risk of the break below 1.2150 remains high.

EUR/USD Intraday: key resistance at 1.0660.

Pivot:

1.0660

Our preference:

Short positions below 1.0660 with targets at 1.0590 & 1.0570 in extension.

Alternative scenario:

Above 1.0660 look for further upside with 1.0685 & 1.0710 as targets.

Comment:

The upward potential is likely to be limited by the resistance at 1.0660.

AUD/USD Intraday: watch 0.6675.

Pivot:

0.6750

Our preference:

Short positions below 0.6750 with targets at 0.6675 & 0.6650 in extension.

Alternative scenario:

Above 0.6750 look for further upside with 0.6785 & 0.6820 as targets.

Comment:

A break below 0.6675 would trigger a drop towards 0.6650.

Gold Intraday: under pressure.

Pivot:

1790.00

Our preference:

Short positions below 1790.00 with targets at 1766.00 & 1758.00 in extension.

Alternative scenario:

Above 1790.00 look for further upside with 1800.00 & 1808.00 as targets.

Comment:

The RSI is bearish and calls for further downside.

USD/JPY Intraday: the upside prevails.

Pivot:

137.10

Our preference:

Long positions above 137.10 with targets at 138.20 & 138.60 in extension.

Alternative scenario:

Below 137.10 look for further downside with 136.70 & 136.30 as targets.

Comment:

The RSI lacks downward momentum.

Crude Oil (WTI)‎ (F3)‎ Intraday: the downside prevails.

Pivot:

77.10

Our preference:

Short positions below 77.10 with targets at 75.40 & 74.50 in extension.

Alternative scenario:

Above 77.10 look for further upside with 77.80 & 78.70 as targets.

Comment:

The RSI is below its neutrality area at 50%