AUD/USD Intraday: continuation of the rebound.

Pivot:

0.6710

Our preference:

Long positions above 0.6710 with targets at 0.6745 & 0.6760 in extension.

Alternative scenario:

Below 0.6710 look for further downside with 0.6695 & 0.6680 as targets.

Comment:

The RSI is bullish and calls for further upside.

Gold Intraday: bullish bias above 1995.00.

Pivot:

1995.00

Our preference:

Long positions above 1995.00 with targets at 2014.00 & 2021.00 in extension.

Alternative scenario:

Below 1995.00 look for further downside with 1988.00 & 1981.00 as targets.

Comment:

The RSI calls for a bounce.

Crude Oil (WTI)‎ (M3)‎ Intraday: key resistance at 81.40.

Pivot:

81.40

Our preference:

Short positions below 81.40 with targets at 80.20 & 79.80 in extension.

Alternative scenario:

Above 81.40 look for further upside with 81.80 & 82.15 as targets.

Comment:

As long as 81.40 is resistance, expect a return to 80.20.

EUR/USD Intraday: the bias remains bullish.

Pivot:

1.0945

Our preference:

Long positions above 1.0945 with targets at 1.0990 & 1.1010 in extension.

Alternative scenario:

Below 1.0945 look for further downside with 1.0930 & 1.0910 as targets.

Comment:

The RSI calls for a rebound.

GBP/USD Intraday: bullish bias above 1.2400.

Pivot:

1.2400

Our preference:

Long positions above 1.2400 with targets at 1.2445 & 1.2460 in extension.

Alternative scenario:

Below 1.2400 look for further downside with 1.2385 & 1.2365 as targets.

Comment:

The RSI calls for a bounce.

USD/JPY Intraday: consolidation.

Pivot:

134.30

Our preference:

Short positions below 134.30 with targets at 133.85 & 133.60 in extension.

Alternative scenario:

Above 134.30 look for further upside with 134.50 & 134.70 as targets.

Comment:

As long as 134.30 is resistance, look for choppy price action with a bearish bias.