AUD/USD Intraday: expect 0.6670.

Pivot:

0.6730

Our preference:

Short positions below 0.6730 with targets at 0.6685 & 0.6670 in extension.

Alternative scenario:

Above 0.6730 look for further upside with 0.6745 & 0.6760 as targets.

Comment:

The RSI is bearish and calls for further decline.

Gold Intraday: bullish bias above 1981.00.

Pivot:

1981.00

Our preference:

Long positions above 1981.00 with targets at 2004.00 & 2014.00 in extension.

Alternative scenario:

Below 1981.00 look for further downside with 1969.00 & 1960.00 as targets.

Comment:

The RSI is mixed with a bullish bias.

Crude Oil (WTI)‎ (M3)‎ Intraday: under pressure.

Pivot:

79.90

Our preference:

Short positions below 79.90 with targets at 78.00 & 77.30 in extension.

Alternative scenario:

Above 79.90 look for further upside with 80.50 & 81.20 as targets.

Comment:

The RSI is bearish and calls for further decline.

EUR/USD Intraday: key resistance at 1.0970.

Pivot:

1.0970

Our preference:

Short positions below 1.0970 with targets at 1.0930 & 1.0915 in extension.

Alternative scenario:

Above 1.0970 look for further upside with 1.0985 & 1.1000 as targets.

Comment:

As long as 1.0970 is resistance, look for choppy price action with a bearish bias.

GBP/USD Intraday: watch 1.2390.

Pivot:

1.2455

Our preference:

Short positions below 1.2455 with targets at 1.2405 & 1.2390 in extension.

Alternative scenario:

Above 1.2455 look for further upside with 1.2470 & 1.2485 as targets.

Comment:

The RSI advocates for further downside.

USD/JPY Intraday: bullish bias above 134.30.

Pivot:

134.30

Our preference:

Long positions above 134.30 with targets at 135.10 & 135.30 in extension.

Alternative scenario:

Below 134.30 look for further downside with 134.10 & 133.85 as targets.

Comment:

The RSI calls for a bounce.