AUD/USD Intraday: rebound expected.

Pivot:

0.6605

Our preference:

Long positions above 0.6605 with targets at 0.6645 & 0.6670 in extension.

Alternative scenario:

Below 0.6605 look for further downside with 0.6585 & 0.6565 as targets.

Comment:

The RSI calls for a rebound.

Gold Intraday: target 1940.00.

Pivot:

1972.00

Our preference:

Short positions below 1972.00 with targets at 1950.00 & 1940.00 in extension.

Alternative scenario:

Above 1972.00 look for further upside with 1979.00 & 1986.00 as targets.

Comment:

The RSI is bearish and calls for further decline.

Crude Oil (WTI)‎ (N3)‎ Intraday: choppy.

Pivot:

72.55

Our preference:

Short positions below 72.55 with targets at 71.50 & 71.00 in extension.

Alternative scenario:

Above 72.55 look for further upside with 72.85 & 73.30 as targets.

Comment:

The RSI is around its neutrality area at 50%

EUR/USD Intraday: the downside prevails.

Pivot:

1.0805

Our preference:

Short positions below 1.0805 with targets at 1.0750 & 1.0730 in extension.

Alternative scenario:

Above 1.0805 look for further upside with 1.0830 & 1.0850 as targets.

Comment:

As long as 1.0805 is resistance, look for choppy price action with a bearish bias.

GBP/USD Intraday: watch 1.2385.

Pivot:

1.2450

Our preference:

Short positions below 1.2450 with targets at 1.2385 & 1.2365 in extension.

Alternative scenario:

Above 1.2450 look for further upside with 1.2475 & 1.2510 as targets.

Comment:

A break below 1.2385 would trigger a drop towards 1.2365.

USD/JPY Intraday: further upside.

Pivot:

138.00

Our preference:

Long positions above 138.00 with targets at 139.00 & 139.40 in extension.

Alternative scenario:

Below 138.00 look for further downside with 137.65 & 137.25 as targets.

Comment:

The break above 138.00 is a positive signal that has opened a path to 139.00.