AUD/USD Intraday: the bias remains bullish.

Pivot:

0.6630

Our preference:

Long positions above 0.6630 with targets at 0.6690 & 0.6715 in extension.

Alternative scenario:

Below 0.6630 look for further downside with 0.6610 & 0.6580 as targets.

Comment:

Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Gold Intraday: aim @ 1936.00.

Pivot:

1893.00

Our preference:

Long positions above 1893.00 with targets at 1923.00 & 1936.00 in extension.

Alternative scenario:

Below 1893.00 look for further downside with 1883.00 & 1872.00 as targets.

Comment:

The RSI is bullish and calls for further upside.

Crude Oil (WTI)‎ (J3)‎ Intraday: expect 72.85.

Pivot:

76.10

Our preference:

Short positions below 76.10 with targets at 73.80 & 72.85 in extension.

Alternative scenario:

Above 76.10 look for further upside with 77.20 & 78.00 as targets.

Comment:

The RSI is below its neutrality area at 50%

EUR/USD Intraday: further upside.

Pivot:

1.0680

Our preference:

Long positions above 1.0680 with targets at 1.0760 & 1.0790 in extension.

Alternative scenario:

Below 1.0680 look for further downside with 1.0650 & 1.0620 as targets.

Comment:

The RSI calls for a bounce.

GBP/USD Intraday: the upside prevails.

Pivot:

1.2100

Our preference:

Long positions above 1.2100 with targets at 1.2230 & 1.2270 in extension.

Alternative scenario:

Below 1.2100 look for further downside with 1.2070 & 1.2045 as targets.

Comment:

The RSI advocates for further advance.

USD/JPY Intraday: rebound.

Pivot:

132.60

Our preference:

Long positions above 132.60 with targets at 133.80 & 134.20 in extension.

Alternative scenario:

Below 132.60 look for further downside with 132.30 & 131.90 as targets.

Comment:

The RSI calls for a bounce.