Gold Intraday: the bias remains bullish.

Pivot:

1893.00

Our preference:

Long positions above 1893.00 with targets at 1915.00 & 1927.00 in extension.

Alternative scenario:

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

Comment:

The immediate trend remains up but the momentum is weak.

EUR/USD Intraday: bullish bias above 1.0700.

Pivot:

1.0700

Our preference:

Long positions above 1.0700 with targets at 1.0750 & 1.0770 in extension.

Alternative scenario:

Below 1.0700 look for further downside with 1.0680 & 1.0650 as targets.

Comment:

The RSI calls for a bounce.

Crude Oil (WTI)‎ (J3)‎ Intraday: key resistance at 72.70.

Pivot:

72.70

Our preference:

Short positions below 72.70 with targets at 70.80 & 70.00 in extension.

Alternative scenario:

Above 72.70 look for further upside with 73.50 & 74.40 as targets.

Comment:

As long as the resistance at 72.70 is not surpassed, the risk of the break below 70.80 remains high.

GBP/USD Intraday: intraday support around 1.2110.

Pivot:

1.2110

Our preference:

Long positions above 1.2110 with targets at 1.2200 & 1.2230 in extension.

Alternative scenario:

Below 1.2110 look for further downside with 1.2080 & 1.2050 as targets.

Comment:

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

USD/JPY Intraday: the bias remains bullish.

Pivot:

133.80

Our preference:

Long positions above 133.80 with targets at 134.90 & 135.20 in extension.

Alternative scenario:

Below 133.80 look for further downside with 133.50 & 133.20 as targets.

Comment:

The RSI advocates for further upside.

AUD/USD Intraday: supported by a rising trend line.

Pivot:

0.6650

Our preference:

Long positions above 0.6650 with targets at 0.6715 & 0.6740 in extension.

Alternative scenario:

Below 0.6650 look for further downside with 0.6630 & 0.6610 as targets.

Comment:

The RSI is bullish and calls for further upside.