GBP/USD Intraday: watch 1.2015.

Pivot:

1.2105

Our preference:

Short positions below 1.2105 with targets at 1.2015 & 1.1980 in extension.

Alternative scenario:

Above 1.2105 look for further upside with 1.2150 & 1.2190 as targets.

Comment:

A break below 1.2015 would trigger a drop towards 1.1980.

EUR/USD Intraday: under pressure.

Pivot:

1.0655

Our preference:

Short positions below 1.0655 with targets at 1.0575 & 1.0545 in extension.

Alternative scenario:

Above 1.0655 look for further upside with 1.0680 & 1.0705 as targets.

Comment:

Technically the RSI is below its neutrality area at 50.

AUD/USD Intraday: the downside prevails.

Pivot:

0.6845

Our preference:

Short positions below 0.6845 with targets at 0.6785 & 0.6765 in extension.

Alternative scenario:

Above 0.6845 look for further upside with 0.6865 & 0.6890 as targets.

Comment:

The RSI lacks upward momentum.

Gold Intraday: under pressure.

Pivot:

1835.00

Our preference:

Short positions below 1835.00 with targets at 1818.00 & 1810.00 in extension.

Alternative scenario:

Above 1835.00 look for further upside with 1941.00 & 1947.00 as targets.

Comment:

The RSI is bearish and calls for further downside.

USD/JPY Intraday: bullish bias above 134.45.

Pivot:

134.45

Our preference:

Long positions above 134.45 with targets at 135.20 & 135.50 in extension.

Alternative scenario:

Below 134.45 look for further downside with 134.20 & 133.90 as targets.

Comment:

A support base at 134.45 has formed and has allowed for a temporary stabilisation.

Crude Oil (WTI)‎ (J3)‎ Intraday: towards 72.00.

Pivot:

75.20

Our preference:

Short positions below 75.20 with targets at 72.90 & 72.00 in extension.

Alternative scenario:

Above 75.20 look for further upside with 76.10 & 76.80 as targets.

Comment:

The RSI has broken down its 30 level.