GBP/USD Intraday: towards 1.2300.

Pivot:

1.2380

Our preference:

Short positions below 1.2380 with targets at 1.2320 & 1.2300 in extension.

Alternative scenario:

Above 1.2380 look for further upside with 1.2400 & 1.2420 as targets.

Comment:

The RSI is bearish and calls for further decline.

EUR/USD Intraday: under pressure.

Pivot:

1.0875

Our preference:

Short positions below 1.0875 with targets at 1.0835 & 1.0810 in extension.

Alternative scenario:

Above 1.0875 look for further upside with 1.0895 & 1.0915 as targets.

Comment:

The RSI calls for a new downleg.

AUD/USD Intraday: the downside prevails.

Pivot:

0.7080

Our preference:

Short positions below 0.7080 with targets at 0.7040 & 0.7020 in extension.

Alternative scenario:

Above 0.7080 look for further upside with 0.7100 & 0.7120 as targets.

Comment:

The RSI is bearish and calls for further downside.

Gold Intraday: target 1911.00.

Pivot:

1930.00

Our preference:

Short positions below 1930.00 with targets at 1916.00 & 1911.00 in extension.

Alternative scenario:

Above 1930.00 look for further upside with 1935.00 & 1942.00 as targets.

Comment:

Technically the RSI is below its neutrality area at 50.

USD/JPY Intraday: the upside prevails.

Pivot:

130.00

Our preference:

Long positions above 130.00 with targets at 130.80 & 131.10 in extension.

Alternative scenario:

Below 130.00 look for further downside with 129.70 & 129.40 as targets.

Comment:

The RSI is bullish and calls for further advance.

Crude Oil (WTI)‎ (H3)‎ Intraday: the downside prevails.

Pivot:

79.00

Our preference:

Short positions below 79.00 with targets at 77.35 & 76.50 in extension.

Alternative scenario:

Above 79.00 look for further upside with 79.80 & 80.50 as targets.

Comment:

The RSI is mixed with a bearish bias.