GBP/USD Intraday: the upside prevails.

Pivot:

1.2175

Our preference:

Long positions above 1.2175 with targets at 1.2250 & 1.2280 in extension.

Alternative scenario:

Below 1.2175 look for further downside with 1.2145 & 1.2115 as targets.

Comment:

Technically the RSI is above its neutrality area at 50.

EUR/USD Intraday: key resistance at 1.0860.

Pivot:

1.0860

Our preference:

Short positions below 1.0860 with targets at 1.0800 & 1.0775 in extension.

Alternative scenario:

Above 1.0860 look for further upside with 1.0890 & 1.0920 as targets.

Comment:

As long as the resistance at 1.0860 is not surpassed, the risk of the break below 1.0800 remains high.

AUD/USD Intraday: the upside prevails.

Pivot:

0.6940

Our preference:

Long positions above 0.6940 with targets at 0.6990 & 0.7015 in extension.

Alternative scenario:

Below 0.6940 look for further downside with 0.6915 & 0.6890 as targets.

Comment:

Technically the RSI is above its neutrality area at 50.

Gold Intraday: the upside prevails.

Pivot:

1906.00

Our preference:

Long positions above 1906.00 with targets at 1928.00 & 1936.00 in extension.

Alternative scenario:

Below 1906.00 look for further downside with 1900.00 & 1892.00 as targets.

Comment:

The RSI is bullish and calls for further upside.

USD/JPY Intraday: watch 127.45.

Pivot:

128.50

Our preference:

Short positions below 128.50 with targets at 127.45 & 127.00 in extension.

Alternative scenario:

Above 128.50 look for further upside with 129.00 & 129.50 as targets.

Comment:

A break below 127.45 would trigger a drop towards 127.00.

Crude Oil (WTI)‎ (G3)‎ Intraday: bullish bias above 79.00.

Pivot:

79.00

Our preference:

Long positions above 79.00 with targets at 80.80 & 81.50 in extension.

Alternative scenario:

Below 79.00 look for further downside with 78.00 & 77.20 as targets.

Comment:

The RSI is mixed with a bullish bias.