AUD/USD Intraday: the bias remains bullish.

Pivot:

0.6690

Our preference:

Long positions above 0.6690 with targets at 0.6730 & 0.6750 in extension.

Alternative scenario:

Below 0.6690 look for further downside with 0.6670 & 0.6650 as targets.

Comment:

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

Gold Intraday: consolidation.

Pivot:

1989.00

Our preference:

Short positions below 1989.00 with targets at 1965.00 & 1955.00 in extension.

Alternative scenario:

Above 1989.00 look for further upside with 2000.00 & 2009.00 as targets.

Comment:

The RSI is mixed with a bearish bias.

Crude Oil (WTI)‎ (K3)‎ Intraday: expect 69.80.

Pivot:

65.90

Our preference:

Long positions above 65.90 with targets at 68.70 & 69.80 in extension.

Alternative scenario:

Below 65.90 look for further downside with 65.00 & 64.40 as targets.

Comment:

The RSI is bullish and calls for further advance.

EUR/USD Intraday: bullish bias above 1.0680.

Pivot:

1.0680

Our preference:

Long positions above 1.0680 with targets at 1.0760 & 1.0780 in extension.

Alternative scenario:

Below 1.0680 look for further downside with 1.0650 & 1.0630 as targets.

Comment:

The RSI calls for a bounce.

GBP/USD Intraday: further advance.

Pivot:

1.2230

Our preference:

Long positions above 1.2230 with targets at 1.2300 & 1.2330 in extension.

Alternative scenario:

Below 1.2230 look for further downside with 1.2200 & 1.2170 as targets.

Comment:

The RSI is bullish and calls for further upside.

USD/JPY Intraday: capped by a negative trend line.

Pivot:

131.85

Our preference:

Short positions below 131.85 with targets at 130.90 & 130.55 in extension.

Alternative scenario:

Above 131.85 look for further upside with 132.25 & 132.60 as targets.

Comment:

The RSI advocates for further downside.