GBP/USD Intraday: further advance.

Pivot:

1.2000

Our preference:

Long positions above 1.2000 with targets at 1.2150 & 1.2220 in extension.

Alternative scenario:

Below 1.2000 look for further downside with 1.1940 & 1.1880 as targets.

Comment:

The RSI advocates for further upside.

EUR/USD Intraday: further upside.

Pivot:

1.0590

Our preference:

Long positions above 1.0590 with targets at 1.0700 & 1.0730 in extension.

Alternative scenario:

Below 1.0590 look for further downside with 1.0550 & 1.0520 as targets.

Comment:

The RSI is bullish and calls for further advance.

AUD/USD Intraday: watch 0.6970.

Pivot:

0.6820

Our preference:

Long positions above 0.6820 with targets at 0.6930 & 0.6970 in extension.

Alternative scenario:

Below 0.6820 look for further downside with 0.6790 & 0.6760 as targets.

Comment:

The RSI is bullish and calls for further advance.

Gold Intraday: further advance.

Pivot:

1852.00

Our preference:

Long positions above 1852.00 with targets at 1876.00 & 1891.00 in extension.

Alternative scenario:

Below 1852.00 look for further downside with 1840.00 & 1830.00 as targets.

Comment:

The RSI is bullish and calls for further advance.

USD/JPY Intraday: under pressure.

Pivot:

133.00

Our preference:

Short positions below 133.00 with targets at 131.40 & 130.60 in extension.

Alternative scenario:

Above 133.00 look for further upside with 133.60 & 134.10 as targets.

Comment:

The RSI calls for a new downleg.

Crude Oil (WTI)‎ (G3)‎ Intraday: range.

Pivot:

75.00

Our preference:

Short positions below 75.00 with targets at 72.40 & 71.50 in extension.

Alternative scenario:

Above 75.00 look for further upside with 76.40 & 77.40 as targets.

Comment:

Intraday technical indicators lack momentum.