GBP/USD Intraday: under pressure.

Pivot:

1.2200

Our preference:

Short positions below 1.2200 with targets at 1.2115 & 1.2080 in extension.

Alternative scenario:

Above 1.2200 look for further upside with 1.2245 & 1.2290 as targets.

Comment:

The RSI lacks upward momentum.

EUR/USD Intraday: key resistance at 1.0630.

Pivot:

1.0630

Our preference:

Short positions below 1.0630 with targets at 1.0575 & 1.0550 in extension.

Alternative scenario:

Above 1.0630 look for further upside with 1.0660 & 1.0690 as targets.

Comment:

As long as the resistance at 1.0630 is not surpassed, the risk of the break below 1.0575 remains high.

AUD/USD Intraday: turning down.

Pivot:

0.6730

Our preference:

Short positions below 0.6730 with targets at 0.6675 & 0.6650 in extension.

Alternative scenario:

Above 0.6730 look for further upside with 0.6755 & 0.6780 as targets.

Comment:

The RSI lacks upward momentum.

Gold Intraday: towards 1778.00.

Pivot:

1794.00

Our preference:

Short positions below 1794.00 with targets at 1783.00 & 1778.00 in extension.

Alternative scenario:

Above 1794.00 look for further upside with 1799.00 & 1804.00 as targets.

Comment:

The RSI advocates for further decline.

USD/JPY Intraday: further advance.

Pivot:

136.50

Our preference:

Long positions above 136.50 with targets at 137.45 & 137.90 in extension.

Alternative scenario:

Below 136.50 look for further downside with 136.10 & 135.70 as targets.

Comment:

The RSI calls for a new upleg.

Crude Oil (WTI)‎ (G3)‎ Intraday: expect 77.20.

Pivot:

74.60

Our preference:

Long positions above 74.60 with targets at 76.60 & 77.20 in extension.

Alternative scenario:

Below 74.60 look for further downside with 74.00 & 73.40 as targets.

Comment:

The RSI calls for a bounce.