GBP/USD Intraday: bullish bias above 1.2245.

Pivot:

1.2245

Our preference:

Long positions above 1.2245 with targets at 1.2310 & 1.2340 in extension.

Alternative scenario:

Below 1.2245 look for further downside with 1.2220 & 1.2190 as targets.

Comment:

The RSI advocates for further advance.

EUR/USD Intraday: the downside prevails.

Pivot:

1.0830

Our preference:

Short positions below 1.0830 with targets at 1.0770 & 1.0750 in extension.

Alternative scenario:

Above 1.0830 look for further upside with 1.0850 & 1.0870 as targets.

Comment:

The RSI calls for a new downleg.

Gold Intraday: key resistance at 1916.00.

Pivot:

1916.00

Our preference:

Short positions below 1916.00 with targets at 1901.00 & 1891.00 in extension.

Alternative scenario:

Above 1916.00 look for further upside with 1922.00 & 1929.00 as targets.

Comment:

As long as the resistance at 1916.00 is not surpassed, the risk of the break below 1901.00 remains high.

Crude Oil (WTI)‎ (G3)‎ Intraday: expect 82.10.

Pivot:

79.70

Our preference:

Long positions above 79.70 with targets at 81.50 & 82.10 in extension.

Alternative scenario:

Below 79.70 look for further downside with 79.10 & 78.50 as targets.

Comment:

The RSI is mixed with a bullish bias.

USD/JPY Intraday: watch 127.60.

Pivot:

128.70

Our preference:

Short positions below 128.70 with targets at 127.90 & 127.60 in extension.

Alternative scenario:

Above 128.70 look for further upside with 129.10 & 129.40 as targets.

Comment:

The RSI advocates for further downside.

AUD/USD Intraday: bullish bias above 0.6965.

Pivot:

0.6965

Our preference:

Long positions above 0.6965 with targets at 0.7000 & 0.7020 in extension.

Alternative scenario:

Below 0.6965 look for further downside with 0.6945 & 0.6930 as targets.

Comment:

The RSI advocates for further upside.