GBP/USD Intraday: further upside.

Pivot:

1.1875

Our preference:

Long positions above 1.1875 with targets at 1.1945 & 1.1975 in extension.

Alternative scenario:

Below 1.1875 look for further downside with 1.1845 & 1.1810 as targets.

Comment:

Technically the RSI is above its neutrality area at 50.

EUR/USD Intraday: further advance.

Pivot:

1.0560

Our preference:

Long positions above 1.0560 with targets at 1.0600 & 1.0615 in extension.

Alternative scenario:

Below 1.0560 look for further downside with 1.0540 & 1.0525 as targets.

Comment:

The RSI lacks downward momentum.

AUD/USD Intraday: watch 0.6570.

Pivot:

0.6625

Our preference:

Short positions below 0.6625 with targets at 0.6570 & 0.6545 in extension.

Alternative scenario:

Above 0.6625 look for further upside with 0.6650 & 0.6675 as targets.

Comment:

A break below 0.6570 would trigger a drop towards 0.6545.

Gold Intraday: continuation of the rebound.

Pivot:

1822.00

Our preference:

Long positions above 1822.00 with targets at 1838.00 & 1844.00 in extension.

Alternative scenario:

Below 1822.00 look for further downside with 1815.00 & 1809.00 as targets.

Comment:

The RSI is bullish and calls for further upside.

USD/JPY Intraday: key resistance at 136.60.

Pivot:

136.60

Our preference:

Short positions below 136.60 with targets at 135.95 & 135.75 in extension.

Alternative scenario:

Above 136.60 look for further upside with 136.90 & 137.15 as targets.

Comment:

As long as the resistance at 136.60 is not surpassed, the risk of the break below 135.95 remains high.

Crude Oil (WTI)‎ (J3)‎ Intraday: under pressure.

Pivot:

76.40

Our preference:

Short positions below 76.40 with targets at 75.00 & 74.10 in extension.

Alternative scenario:

Above 76.40 look for further upside with 77.10 & 78.00 as targets.

Comment:

The RSI is bearish and calls for further downside.