GBP/USD Intraday: further upside.

Pivot:

1.2340

Our preference:

Long positions above 1.2340 with targets at 1.2415 & 1.2445 in extension.

Alternative scenario:

Below 1.2340 look for further downside with 1.2310 & 1.2280 as targets.

Comment:

The RSI calls for a new upleg.

EUR/USD Intraday: further advance.

Pivot:

1.0940

Our preference:

Long positions above 1.0940 with targets at 1.1055 & 1.1100 in extension.

Alternative scenario:

Below 1.0940 look for further downside with 1.0910 & 1.0880 as targets.

Comment:

The break above 1.0940 is a positive signal that has opened a path to 1.1055.

AUD/USD Intraday: the upside prevails.

Pivot:

0.7090

Our preference:

Long positions above 0.7090 with targets at 0.7180 & 0.7210 in extension.

Alternative scenario:

Below 0.7090 look for further downside with 0.7065 & 0.7035 as targets.

Comment:

The break above 0.7090 is a positive signal that has opened a path to 0.7180.

Gold Intraday: further upside.

Pivot:

1933.00

Our preference:

Long positions above 1933.00 with targets at 1962.00 & 1976.00 in extension.

Alternative scenario:

Below 1933.00 look for further downside with 1922.00 & 1912.00 as targets.

Comment:

The RSI is bullish and calls for further advance.

USD/JPY Intraday: the downside prevails.

Pivot:

129.30

Our preference:

Short positions below 129.30 with targets at 128.20 & 127.70 in extension.

Alternative scenario:

Above 129.30 look for further upside with 129.65 & 130.00 as targets.

Comment:

The RSI has broken down its 30 level.

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

Pivot:

78.30

Our preference:

Short positions below 78.30 with targets at 75.70 & 74.60 in extension.

Alternative scenario:

Above 78.30 look for further upside with 79.00 & 79.70 as targets.

Comment:

The RSI is bearish and calls for further decline.