GBP/USD Intraday: the bias remains bullish.

Pivot:

1.2350

Our preference:

Long positions above 1.2350 with targets at 1.2430 & 1.2460 in extension.

Alternative scenario:

Below 1.2350 look for further downside with 1.2330 & 1.2310 as targets.

Comment:

The RSI advocates for further advance.

EUR/USD Intraday: bullish bias above 1.0835.

Pivot:

1.0835

Our preference:

Long positions above 1.0835 with targets at 1.0890 & 1.0910 in extension.

Alternative scenario:

Below 1.0835 look for further downside with 1.0820 & 1.0800 as targets.

Comment:

The RSI calls for a bounce.

AUD/USD Intraday: bullish bias above 0.7080.

Pivot:

0.7080

Our preference:

Long positions above 0.7080 with targets at 0.7125 & 0.7140 in extension.

Alternative scenario:

Below 0.7080 look for further downside with 0.7060 & 0.7040 as targets.

Comment:

A support base at 0.7080 has formed and has allowed for a temporary stabilisation.

Gold Intraday: intraday support around 1918.00.

Pivot:

1918.00

Our preference:

Long positions above 1918.00 with targets at 1935.00 & 1942.00 in extension.

Alternative scenario:

Below 1918.00 look for further downside with 1911.00 & 1906.00 as targets.

Comment:

A support base at 1918.00 has formed and has allowed for a temporary stabilisation.

USD/JPY Intraday: the downside prevails.

Pivot:

130.25

Our preference:

Short positions below 130.25 with targets at 129.55 & 129.25 in extension.

Alternative scenario:

Above 130.25 look for further upside with 130.60 & 131.00 as targets.

Comment:

As long as the resistance at 130.25 is not surpassed, the risk of the break below 129.55 remains high.

Crude Oil (WTI)‎ (H3)‎ Intraday: bounce.

Pivot:

79.35

Our preference:

Long positions above 79.35 with targets at 80.90 & 81.50 in extension.

Alternative scenario:

Below 79.35 look for further downside with 79.00 & 78.50 as targets.

Comment:

The RSI calls for a rebound.