GBP/USD Intraday: towards 1.2200.

Pivot:

1.2120

Our preference:

Long positions above 1.2120 with targets at 1.2180 & 1.2200 in extension.

Alternative scenario:

Below 1.2120 look for further downside with 1.2100 & 1.2080 as targets.

Comment:

The RSI calls for a bounce.

EUR/USD Intraday: 1.0800 in sight.

Pivot:

1.0740

Our preference:

Long positions above 1.0740 with targets at 1.0785 & 1.0800 in extension.

Alternative scenario:

Below 1.0740 look for further downside with 1.0725 & 1.0710 as targets.

Comment:

The RSI is bullish and calls for further upside.

AUD/USD Intraday: watch 0.6950.

Pivot:

0.6880

Our preference:

Long positions above 0.6880 with targets at 0.6930 & 0.6950 in extension.

Alternative scenario:

Below 0.6880 look for further downside with 0.6860 & 0.6840 as targets.

Comment:

The RSI advocates for further upside.

Gold Intraday: intraday support around 1867.00.

Pivot:

1867.00

Our preference:

Long positions above 1867.00 with targets at 1886.00 & 1892.00 in extension.

Alternative scenario:

Below 1867.00 look for further downside with 1858.00 & 1850.00 as targets.

Comment:

The immediate trend remains up but the momentum is weak.

USD/JPY Intraday: under pressure.

Pivot:

132.45

Our preference:

Short positions below 132.45 with targets at 131.40 & 131.20 in extension.

Alternative scenario:

Above 132.45 look for further upside with 132.65 & 132.85 as targets.

Comment:

The RSI has broken down its 30 level.

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

Pivot:

76.40

Our preference:

Long positions above 76.40 with targets at 78.40 & 79.40 in extension.

Alternative scenario:

Below 76.40 look for further downside with 75.50 & 74.30 as targets.

Comment:

The RSI shows upside momentum.