GBP/USD Intraday: further upside.

Pivot:

1.2050

Our preference:

Long positions above 1.2050 with targets at 1.2100 & 1.2125 in extension.

Alternative scenario:

Below 1.2050 look for further downside with 1.2025 & 1.2000 as targets.

Comment:

The RSI calls for a new upleg.

EUR/USD Intraday: further advance.

Pivot:

1.0620

Our preference:

Long positions above 1.0620 with targets at 1.0655 & 1.0670 in extension.

Alternative scenario:

Below 1.0620 look for further downside with 1.0605 & 1.0590 as targets.

Comment:

The RSI is bullish and calls for further advance.

AUD/USD Intraday: the upside prevails.

Pivot:

0.6715

Our preference:

Long positions above 0.6715 with targets at 0.6765 & 0.6780 in extension.

Alternative scenario:

Below 0.6715 look for further downside with 0.6700 & 0.6685 as targets.

Comment:

The RSI advocates for further upside.

Gold Intraday: bullish bias above 1791.00.

Pivot:

1791.00

Our preference:

Long positions above 1791.00 with targets at 1808.00 & 1815.00 in extension. 

Alternative scenario:

Below 1791.00 look for further downside with 1783.00 & 1777.00 as targets.

Comment:

The RSI calls for a bounce.

USD/JPY Intraday: turning down.

Pivot:

133.00

Our preference:

Short positions below 133.00 with targets at 132.40 & 132.20 in extension.

Alternative scenario:

Above 133.00 look for further upside with 133.20 & 133.40 as targets.

Comment:

The RSI calls for a new downleg.

Crude Oil (WTI)‎ (G3)‎ Intraday: further upside.

Pivot:

79.00

Our preference:

Long positions above 79.00 with targets at 81.60 & 82.80 in extension.

Alternative scenario:

Below 79.00 look for further downside with 78.00 & 77.00 as targets.

Comment:

The RSI shows upside momentum.