AUD/USD Intraday: bullish bias above 0.6750.

Pivot:

0.6750

Our preference:

Long positions above 0.6750 with targets at 0.6795 & 0.6815 in extension.

Alternative scenario:

Below 0.6750 look for further downside with 0.6730 & 0.6715 as targets.

Comment:

A support base at 0.6750 has formed and has allowed for a temporary stabilisation.

Gold Intraday: choppy.

Pivot:

2038.00

Our preference:

Short positions below 2038.00 with targets at 2022.00 & 2017.00 in extension.

Alternative scenario:

Above 2038.00 look for further upside with 2043.00 & 2048.00 as targets.

Comment:

As long as 2038.00 is resistance, look for choppy price action with a bearish bias.

Crude Oil (WTI)‎ (M3)‎ Intraday: key resistance at 73.20.

Pivot:

73.20

Our preference:

Short positions below 73.20 with targets at 72.00 & 71.35 in extension.

Alternative scenario:

Above 73.20 look for further upside with 73.85 & 74.60 as targets.

Comment:

Intraday technical indicators are mixed and call for caution.

EUR/USD Intraday: the upside prevails.

Pivot:

1.0960

Our preference:

Long positions above 1.0960 with targets at 1.1005 & 1.1025 in extension.

Alternative scenario:

Below 1.0960 look for further downside with 1.0940 & 1.0920 as targets.

Comment:

The RSI advocates for further upside.

GBP/USD Intraday: bullish bias above 1.2600.

Pivot:

1.2600

Our preference:

Long positions above 1.2600 with targets at 1.2640 & 1.2655 in extension.

Alternative scenario:

Below 1.2600 look for further downside with 1.2585 & 1.2570 as targets.

Comment:

A support base at 1.2600 has formed and has allowed for a temporary stabilisation.