GBP/USD Intraday: bullish bias above 1.2000.

Pivot:

1.2000

Our preference:

Long positions above 1.2000 with targets at 1.2070 & 1.2100 in extension.

Alternative scenario:

Below 1.2000 look for further downside with 1.1970 & 1.1940 as targets.

Comment:

The RSI advocates for further advance.

EUR/USD Intraday: the bias remains bullish.

Pivot:

1.0665

Our preference:

Long positions above 1.0665 with targets at 1.0705 & 1.0720 in extension.

Alternative scenario:

Below 1.0665 look for further downside with 1.0650 & 1.0635 as targets.

Comment:

The RSI calls for a bounce.

AUD/USD Intraday: the upside prevails.

Pivot:

0.6880

Our preference:

Long positions above 0.6880 with targets at 0.6935 & 0.6960 in extension.

Alternative scenario:

Below 0.6880 look for further downside with 0.6860 & 0.6830 as targets.

Comment:

The RSI calls for a new upleg.

Gold Intraday: bullish bias above 1837.00.

Pivot:

1837.00

Our preference:

Long positions above 1837.00 with targets at 1848.00 & 1853.00 in extension.

Alternative scenario:

Below 1837.00 look for further downside with 1830.00 & 1824.00 as targets.

Comment:

The RSI has just landed on its neutrality area at 50% and is turning up.

USD/JPY Intraday: watch 133.60.

Pivot:

134.55

Our preference:

Short positions below 134.55 with targets at 133.90 & 133.60 in extension.

Alternative scenario:

Above 134.55 look for further upside with 134.80 & 135.10 as targets.

Comment:

As long as the resistance at 134.55 is not surpassed, the risk of the break below 133.90 remains high.

Crude Oil (WTI)‎ (J3)‎ Intraday: expect 78.50.

Pivot:

76.55

Our preference:

Long positions above 76.55 with targets at 77.80 & 78.50 in extension.

Alternative scenario:

Below 76.55 look for further downside with 75.95 & 75.30 as targets.

Comment:

The RSI calls for a bounce.