AUD/USD Intraday: bullish bias above 0.6630.

Pivot:

0.6630

Our preference:

Long positions above 0.6630 with targets at 0.6675 & 0.6690 in extension.

Alternative scenario:

Below 0.6630 look for further downside with 0.6615 & 0.6600 as targets.

Comment:

Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Gold Intraday: continuation of the rebound.

Pivot:

1969.00

Our preference:

Long positions above 1969.00 with targets at 1987.00 & 1993.00 in extension.

Alternative scenario:

Below 1969.00 look for further downside with 1963.00 & 1957.00 as targets.

Comment:

The RSI is bullish and calls for further upside.

Crude Oil (WTI)‎ (N3)‎ Intraday: the downside prevails.

Pivot:

72.20

Our preference:

Short positions below 72.20 with targets at 71.20 & 70.50 in extension.

Alternative scenario:

Above 72.20 look for further upside with 72.80 & 73.40 as targets.

Comment:

The RSI is below its neutrality area at 50%

EUR/USD Intraday: towards 1.0850.

Pivot:

1.0795

Our preference:

Long positions above 1.0795 with targets at 1.0835 & 1.0850 in extension.

Alternative scenario:

Below 1.0795 look for further downside with 1.0780 & 1.0760 as targets.

Comment:

The RSI advocates for further upside.

GBP/USD Intraday: watch 1.2490.

Pivot:

1.2430

Our preference:

Long positions above 1.2430 with targets at 1.2470 & 1.2490 in extension.

Alternative scenario:

Below 1.2430 look for further downside with 1.2410 & 1.2390 as targets.

Comment:

The RSI calls for a bounce.

USD/JPY Intraday: the downside prevails.

Pivot:

138.20

Our preference:

Short positions below 138.20 with targets at 137.40 & 137.10 in extension.

Alternative scenario:

Above 138.20 look for further upside with 138.50 & 138.75 as targets.

Comment:

The RSI calls for a new downleg.