GBP/USD Intraday: the downside prevails.

Pivot:

1.2290

Our preference:

Short positions below 1.2290 with targets at 1.2180 & 1.2140 in extension.

Alternative scenario:

Above 1.2290 look for further upside with 1.2330 & 1.2370 as targets.

Comment:

The RSI lacks upward momentum.

EUR/USD Intraday: under pressure.

Pivot:

1.0950

Our preference:

Short positions below 1.0950 with targets at 1.0880 & 1.0850 in extension.

Alternative scenario:

Above 1.0950 look for further upside with 1.0980 & 1.1010 as targets.

Comment:

Technically the RSI is below its neutrality area at 50.

AUD/USD Intraday: watch 0.7055.

Pivot:

0.7110

Our preference:

Short positions below 0.7110 with targets at 0.7055 & 0.7030 in extension.

Alternative scenario:

Above 0.7110 look for further upside with 0.7135 & 0.7160 as targets.

Comment:

A break below 0.7055 would trigger a drop towards 0.7030.

Gold Intraday: under pressure.

Pivot:

1930.00

Our preference:

Short positions below 1930.00 with targets at 1900.00 & 1885.00 in extension.

Alternative scenario:

Above 1930.00 look for further upside with 1940.00 & 1949.00 as targets.

Comment:

The RSI has broken down its 30 level.

USD/JPY Intraday: rebound expected.

Pivot:

128.10

Our preference:

Long positions above 128.10 with targets at 129.10 & 129.45 in extension.

Alternative scenario:

Below 128.10 look for further downside with 127.70 & 127.40 as targets.

Comment:

The RSI calls for a rebound.

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

Pivot:

76.90

Our preference:

Short positions below 76.90 with targets at 75.00 & 74.40 in extension.

Alternative scenario:

Above 76.90 look for further upside with 77.40 & 78.00 as targets.

Comment:

As long as the resistance at 76.90 is not surpassed, the risk of the break below 75.00 remains high.