AUD/USD Intraday: rebound expected.

Pivot:

0.6625

Our preference:

Long positions above 0.6625 with targets at 0.6675 & 0.6695 in extension.

Alternative scenario:

Below 0.6625 look for further downside with 0.6610 & 0.6590 as targets.

Comment:

The RSI shows upside momentum.

Gold Intraday: key resistance at 1986.00.

Pivot:

1986.00

Our preference:

Short positions below 1986.00 with targets at 1964.00 & 1954.00 in extension.

Alternative scenario:

Above 1986.00 look for further upside with 1994.00 & 2003.00 as targets.

Comment:

As long as 1986.00 is resistance, expect a return to 1964.00.

Crude Oil (WTI)‎ (K3)‎ Intraday: towards 71.65.

Pivot:

68.60

Our preference:

Long positions above 68.60 with targets at 70.70 & 71.65 in extension.

Alternative scenario:

Below 68.60 look for further downside with 68.00 & 67.25 as targets.

Comment:

The RSI is bullish and calls for further advance.

EUR/USD Intraday: bullish bias above 1.0740.

Pivot:

1.0740

Our preference:

Long positions above 1.0740 with targets at 1.0800 & 1.0820 in extension.

Alternative scenario:

Below 1.0740 look for further downside with 1.0720 & 1.0700 as targets.

Comment:

The RSI calls for a rebound.

GBP/USD Intraday: rebound.

Pivot:

1.2210

Our preference:

Long positions above 1.2210 with targets at 1.2270 & 1.2290 in extension.

Alternative scenario:

Below 1.2210 look for further downside with 1.2190 & 1.2170 as targets.

Comment:

The RSI advocates for further upside.

USD/JPY Intraday: continuation of the rebound.

Pivot:

130.20

Our preference:

Long positions above 130.20 with targets at 131.20 & 131.60 in extension.

Alternative scenario:

Below 130.20 look for further downside with 129.90 & 129.60 as targets.

Comment:

The RSI is bullish and calls for further advance.