GBP/USD Intraday: under pressure.

Pivot:

1.2050

Our preference:

Short positions below 1.2050 with targets at 1.2000 & 1.1980 in extension.

Alternative scenario:

Above 1.2050 look for further upside with 1.2080 & 1.2110 as targets.

Comment:

As long as the resistance at 1.2050 is not surpassed, the risk of the break below 1.2000 remains high.

EUR/USD Intraday: under pressure.

Pivot:

1.0670

Our preference:

Short positions below 1.0670 with targets at 1.0610 & 1.0590 in extension.

Alternative scenario:

Above 1.0670 look for further upside with 1.0690 & 1.0710 as targets.

Comment:

The RSI shows downside momentum.

AUD/USD Intraday: the downside prevails.

Pivot:

0.6760

Our preference:

Short positions below 0.6760 with targets at 0.6705 & 0.6685 in extension.

Alternative scenario:

Above 0.6760 look for further upside with 0.6775 & 0.6790 as targets.

Comment:

The RSI calls for a drop.

Gold Intraday: bullish bias above 1802.00.

Pivot:

1802.00

Our preference:

Long positions above 1802.00 with targets at 1824.00 & 1833.00 in extension.

Alternative scenario:

Below 1802.00 look for further downside with 1793.00 & 1784.00 as targets.

Comment:

The RSI calls for a bounce.

USD/JPY Intraday: target 134.00.

Pivot:

133.20

Our preference:

Long positions above 133.20 with targets at 133.80 & 134.00 in extension.

Alternative scenario:

Below 133.20 look for further downside with 133.00 & 132.70 as targets.

Comment:

The RSI advocates for further upside.

Crude Oil (WTI)‎ (G3)‎ Intraday: watch 78.60.

Pivot:

80.50

Our preference:

Short positions below 80.50 with targets at 79.20 & 78.60 in extension.

Alternative scenario:

Above 80.50 look for further upside with 81.10 & 81.80 as targets.

Comment:

As long as the resistance at 80.50 is not surpassed, the risk of the break below 79.20 remains high.