AUD/USD Intraday: towards 0.6630.

Pivot:

0.6710

Our preference:

Short positions below 0.6710 with targets at 0.6650 & 0.6630 in extension.

Alternative scenario:

Above 0.6710 look for further upside with 0.6730 & 0.6755 as targets.

Comment:

The RSI is bearish and calls for further downside.

Gold Intraday: bullish bias above 1978.00.

Pivot:

1978.00

Our preference:

Long positions above 1978.00 with targets at 2003.00 & 2009.00 in extension.

Alternative scenario:

Below 1978.00 look for further downside with 1971.00 & 1964.00 as targets.

Comment:

The RSI is mixed with a bullish bias.

Crude Oil (WTI)‎ (K3)‎ Intraday: under pressure.

Pivot:

70.70

Our preference:

Short positions below 70.70 with targets at 68.80 & 68.00 in extension.

Alternative scenario:

Above 70.70 look for further upside with 71.50 & 72.20 as targets.

Comment:

The RSI is below its neutrality area at 50%

EUR/USD Intraday: watch 1.0775.

Pivot:

1.0870

Our preference:

Short positions below 1.0870 with targets at 1.0800 & 1.0775 in extension.

Alternative scenario:

Above 1.0870 look for further upside with 1.0900 & 1.0930 as targets.

Comment:

The RSI is bearish and calls for further downside.

GBP/USD Intraday: expect 1.2225.

Pivot:

1.2310

Our preference:

Short positions below 1.2310 with targets at 1.2250 & 1.2225 in extension.

Alternative scenario:

Above 1.2310 look for further upside with 1.2330 & 1.2345 as targets.

Comment:

The RSI advocates for further downside.

USD/JPY Intraday: key resistance at 131.30.

Pivot:

131.30

Our preference:

Short positions below 131.30 with targets at 130.30 & 130.00 in extension.

Alternative scenario:

Above 131.30 look for further upside with 131.65 & 132.00 as targets.

Comment:

As long as 131.30 is resistance, look for choppy price action with a bearish bias.