GBP/USD Intraday: watch 1.2010.

Pivot:

1.2110

Our preference:

Short positions below 1.2110 with targets at 1.2035 & 1.2010 in extension.

Alternative scenario:

Above 1.2110 look for further upside with 1.2140 & 1.2170 as targets.

Comment:

As long as 1.2110 is resistance, look for choppy price action with a bearish bias.

EUR/USD Intraday: the downside prevails.

Pivot:

1.0745

Our preference:

Short positions below 1.0745 with targets at 1.0685 & 1.0665 in extension.

Alternative scenario:

Above 1.0745 look for further upside with 1.0765 & 1.0780 as targets.

Comment:

The RSI is bearish and calls for further decline.

AUD/USD Intraday: under pressure.

Pivot:

0.6950

Our preference:

Short positions below 0.6950 with targets at 0.6905 & 0.6885 in extension.

Alternative scenario:

Above 0.6950 look for further upside with 0.6970 & 0.6990 as targets.

Comment:

The RSI is bearish and calls for further decline.

Gold Intraday: range.

Pivot:

1886.00

Our preference:

Short positions below 1886.00 with targets at 1869.00 & 1860.00 in extension.

Alternative scenario:

Above 1886.00 look for further upside with 1896.00 & 1909.00 as targets.

Comment:

Intraday technical indicators are mixed.

USD/JPY Intraday: expect 132.00.

Pivot:

130.80

Our preference:

Long positions above 130.80 with targets at 131.70 & 132.00 in extension.

Alternative scenario:

Below 130.80 look for further downside with 130.50 & 130.20 as targets.

Comment:

The RSI advocates for further advance.

Crude Oil (WTI)‎ (H3)‎ Intraday: intraday support around 77.15.

Pivot:

77.15

Our preference:

Long positions above 77.15 with targets at 79.60 & 80.50 in extension.

Alternative scenario:

Below 77.15 look for further downside with 76.30 & 75.50 as targets.

Comment:

The next resistances are at 79.60 and then at 80.50.