GBP/USD Intraday: continuation of the rebound.

Pivot:

1.2345

Our preference:

Long positions above 1.2345 with targets at 1.2440 & 1.2480 in extension.

Alternative scenario:

Below 1.2345 look for further downside with 1.2310 & 1.2280 as targets.

Comment:

The RSI advocates for further upside.

EUR/USD Intraday: further upside.

Pivot:

1.0890

Our preference:

Long positions above 1.0890 with targets at 1.0935 & 1.0950 in extension.

Alternative scenario:

Below 1.0890 look for further downside with 1.0875 & 1.0855 as targets.

Comment:

The RSI is bullish and calls for further upside.

AUD/USD Intraday: the upside prevails.

Pivot:

0.7060

Our preference:

Long positions above 0.7060 with targets at 0.7130 & 0.7160 in extension.

Alternative scenario:

Below 0.7060 look for further downside with 0.7030 & 0.7000 as targets.

Comment:

The RSI lacks downward momentum.

Gold Intraday: towards 1960.00.

Pivot:

1937.00

Our preference:

Long positions above 1937.00 with targets at 1953.00 & 1960.00 in extension.

Alternative scenario:

Below 1937.00 look for further downside with 1929.00 & 1920.00 as targets.

Comment:

The RSI advocates for further upside.

USD/JPY Intraday: the downside prevails.

Pivot:

130.00

Our preference:

Short positions below 130.00 with targets at 129.00 & 128.65 in extension.

Alternative scenario:

Above 130.00 look for further upside with 130.30 & 130.60 as targets.

Comment:

Technically the RSI is below its neutrality area at 50.

Crude Oil (WTI)‎ (H3)‎ Intraday: key resistance at 81.20.

Pivot:

81.20

Our preference:

Short positions below 81.20 with targets at 79.60 & 79.00 in extension.

Alternative scenario:

Above 81.20 look for further upside with 81.70 & 82.20 as targets.

Comment:

As long as 81.20 is resistance, look for choppy price action with a bearish bias.