AUD/USD Intraday: towards 0.6820.

Pivot:

0.6870

Our preference:

Short positions below 0.6870 with targets at 0.6835 & 0.6820 in extension.

Alternative scenario:

Above 0.6870 look for further upside with 0.6885 & 0.6900 as targets.

Comment:

A break below 0.6835 would trigger a drop towards 0.6820.

Gold Intraday: key resistance at 1959.00.

Pivot:

1959.00

Our preference:

Short positions below 1959.00 with targets at 1945.00 & 1939.00 in extension.

Alternative scenario:

Above 1959.00 look for further upside with 1966.00 & 1973.00 as targets.

Comment:

As long as the resistance at 1959.00 is not surpassed, the risk of the break below 1945.00 remains high.

Crude Oil (WTI)‎ (Q3)‎ Intraday: choppy.

Pivot:

72.20

Our preference:

Short positions below 72.20 with targets at 70.80 & 70.20 in extension.

Alternative scenario:

Above 72.20 look for further upside with 73.00 & 73.90 as targets.

Comment:

As long as 72.20 is resistance, look for choppy price action with a bearish bias.

EUR/USD Intraday: watch 1.0890.

Pivot:

1.0940

Our preference:

Short positions below 1.0940 with targets at 1.0905 & 1.0890 in extension.

Alternative scenario:

Above 1.0940 look for further upside with 1.0955 & 1.0970 as targets.

Comment:

The RSI advocates for further downside.

GBP/USD Intraday: consolidation

Pivot:

1.2820

Our preference:

Short positions below 1.2820 with targets at 1.2770 & 1.2755 in extension.

Alternative scenario:

Above 1.2820 look for further upside with 1.2835 & 1.2850 as targets.

Comment:

As long as 1.2820 is resistance, look for choppy price action with a bearish bias.

USD/JPY Intraday: the upside prevails.

Pivot:

141.65

Our preference:

Long positions above 141.65 with targets at 142.10 & 142.30 in extension.

Alternative scenario:

Below 141.65 look for further downside with 141.45 & 141.20 as targets.

Comment:

The RSI calls for a bounce.