GBP/USD Intraday: the upside prevails.

Pivot:

1.2370

Our preference:

Long positions above 1.2370 with targets at 1.2440 & 1.2465 in extension.

Alternative scenario:

Below 1.2370 look for further downside with 1.2340 & 1.2310 as targets.

Comment:

The RSI is bullish and calls for further upside.

EUR/USD Intraday: rebound expected.

Pivot:

1.0865

Our preference:

Long positions above 1.0865 with targets at 1.0910 & 1.0930 in extension.

Alternative scenario:

Below 1.0865 look for further downside with 1.0850 & 1.0830 as targets.

Comment:

The RSI calls for a rebound.

AUD/USD Intraday: the upside prevails.

Pivot:

0.7095

Our preference:

Long positions above 0.7095 with targets at 0.7140 & 0.7160 in extension.

Alternative scenario:

Below 0.7095 look for further downside with 0.7075 & 0.7060 as targets.

Comment:

The break above 0.7095 is a positive signal that has opened a path to 0.7140.

Gold Intraday: bullish bias above 1919.00.

Pivot:

1919.00

Our preference:

Long positions above 1919.00 with targets at 1937.00 & 1943.00 in extension.

Alternative scenario:

Below 1919.00 look for further downside with 1912.00 & 1903.00 as targets.

Comment:

A support base at 1919.00 has formed and has allowed for a temporary stabilisation.

USD/JPY Intraday: the downside prevails.

Pivot:

130.20

Our preference:

Short positions below 130.20 with targets at 129.40 & 129.00 in extension.

Alternative scenario:

Above 130.20 look for further upside with 130.60 & 131.00 as targets.

Comment:

The RSI calls for a new downleg.

Crude Oil (WTI)‎ (H3)‎ Intraday: bullish bias above 80.40.

Pivot:

80.40

Our preference:

Long positions above 80.40 with targets at 81.70 & 82.20 in extension.

Alternative scenario:

Below 80.40 look for further downside with 79.90 & 79.40 as targets.

Comment:

The RSI has just landed on its neutrality area at 50% and is turning up.