AUD/USD Intraday: rebound.
Pivot:
0.6590
Our preference:
Long positions above 0.6590 with targets at 0.6680 & 0.6700 in extension.
lternative scenario:
Below 0.6590 look for further downside with 0.6575 & 0.6560 as targets.
Comment:
The RSI calls for a bounce.
Gold Intraday: the upside prevails.
Pivot:
1866.00
Our preference:
Long positions above 1866.00 with targets at 1900.00 & 1908.00 in extension.
Alternative scenario:
Below 1866.00 look for further downside with 1858.00 & 1849.00 as targets.
Comment:
The RSI is bullish and calls for further advance.
EUR/USD Intraday: further upside.
Pivot:
1.0640
Our preference:
Long positions above 1.0640 with targets at 1.0720 & 1.0750 in extension.
Alternative scenario:
Below 1.0640 look for further downside with 1.0610 & 1.0580 as targets.
Comment:
The RSI is bullish and calls for further advance.
GBP/USD Intraday: the upside prevails.
Pivot:
1.2020
Our preference:
Long positions above 1.2020 with targets at 1.2140 & 1.2180 in extension.
Alternative scenario:
Below 1.2020 look for further downside with 1.1980 & 1.1950 as targets.
Comment:
The RSI calls for a new upleg.
USD/JPY Intraday: the downside prevails.
Pivot:
135.55
Our preference:
Short positions below 135.55 with targets at 134.10 & 133.40 in extension.
Alternative scenario:
Above 135.55 look for further upside with 135.90 & 136.40 as targets.
Comment:
The RSI advocates for further downside.
Crude Oil (WTI) (J3) Intraday: intraday support around 76.10
Pivot:
76.10
Our preference:
Long positions above 76.10 with targets at 77.70 & 78.40 in extension.
Alternative scenario:
Below 76.10 look for further downside with 75.40 & 74.80 as targets.
Comment:
Technically the RSI is above its neutrality area at 50.