AUD/USD Intraday: the bias remains bullish.

Pivot:

0.6695

Our preference:

Long positions above 0.6695 with targets at 0.6740 & 0.6760 in extension.

Alternative scenario:

Below 0.6695 look for further downside with 0.6675 & 0.6655 as targets.

Comment:

The RSI calls for a rebound.

Gold Intraday: bullish bias above 2010.00.

Pivot:

2010.00

Our preference:

Long positions above 2010.00 with targets at 2031.00 & 2038.00 in extension.

Alternative scenario:

Below 2010.00 look for further downside with 2000.00 & 1990.00 as targets.

Comment:

A support base at 2010.00 has formed and has allowed for a temporary stabilisation.

Crude Oil (WTI)‎ (K3)‎ Intraday: intraday support around 79.60.

Pivot:

79.60

Our preference:

Long positions above 79.60 with targets at 81.15 & 81.80 in extension.

Alternative scenario:

Below 79.60 look for further downside with 79.00 & 78.00 as targets.

Comment:

The next resistances are at 81.15 and then at 81.80.

EUR/USD Intraday: watch 1.0870.

Pivot:

1.0935

Our preference:

Short positions below 1.0935 with targets at 1.0890 & 1.0870 in extension.

Alternative scenario:

Above 1.0935 look for further upside with 1.0950 & 1.0970 as targets.

Comment:

The RSI advocates for further downside.

GBP/USD Intraday: key resistance at 1.2490.

Pivot:

1.2490

Our preference:

Short positions below 1.2490 with targets at 1.2445 & 1.2430 in extension.

Alternative scenario:

Above 1.2490 look for further upside with 1.2510 & 1.2525 as targets.

Comment:

As long as 1.2490 is resistance, look for choppy price action with a bearish bias.

USD/JPY Intraday: under pressure.

Pivot:

131.40

Our preference:

Short positions below 131.40 with targets at 130.60 & 130.30 in extension.

Alternative scenario:

Above 131.40 look for further upside with 131.60 & 131.85 as targets.

Comment:

The RSI is bearish and calls for further decline.