AUD/USD Intraday: watch 0.6655.

Pivot:

0.6605

Our preference:

Long positions above 0.6605 with targets at 0.6640 & 0.6655 in extension.

Alternative scenario:

Below 0.6605 look for further downside with 0.6590 & 0.6575 as targets.

Comment:

The RSI advocates for further upside.

Gold Intraday: choppy.

Pivot:

1996.00

Our preference:

Short positions below 1996.00 with targets at 1980.00 & 1973.00 in extension.

Alternative scenario:

Above 1996.00 look for further upside with 2003.00 & 2009.00 as targets.

Comment:

As long as 1996.00 is resistance, look for choppy price action with a bearish bias.

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

Pivot:

75.60

Our preference:

Short positions below 75.60 with targets at 74.05 & 73.45 in extension.

Alternative scenario:

Above 75.60 look for further upside with 76.50 & 77.20 as targets.

Comment:

The immediate trend remains down but the momentum is weak.

EUR/USD Intraday: expect 1.1060.

Pivot:

1.1005

Our preference:

Long positions above 1.1005 with targets at 1.1045 & 1.1060 in extension.

Alternative scenario:

Below 1.1005 look for further downside with 1.0990 & 1.0970 as targets.

Comment:

The RSI calls for a bounce.

GBP/USD Intraday: further advance.

Pivot:

1.2460

Our preference:

Long positions above 1.2460 with targets at 1.2515 & 1.2540 in extension.

Alternative scenario:

Below 1.2460 look for further downside with 1.2440 & 1.2420 as targets.

Comment:

The RSI is bullish and calls for further upside.

USD/JPY Intraday: key resistance at 134.20.

Pivot:

134.20

Our preference:

Short positions below 134.20 with targets at 133.50 & 133.20 in extension.

Alternative scenario:

Above 134.20 look for further upside with 134.45 & 134.70 as targets.

Comment:

As long as 134.20 is resistance, look for choppy price action with a bearish bias.