AUD/USD Intraday: expect 0.6720.

Pivot:

0.6785

Our preference:

Short positions below 0.6785 with targets at 0.6740 & 0.6720 in extension.

Alternative scenario:

Above 0.6785 look for further upside with 0.6805 & 0.6825 as targets.

Comment:

As long as the resistance at 0.6785 is not surpassed, the risk of the break below 0.6740 remains high.

Gold Intraday: 1900.00 in sight.

Pivot:

1924.00

Our preference:

Short positions below 1924.00 with targets at 1908.00 & 1900.00 in extension.

Alternative scenario:

Above 1924.00 look for further upside with 1930.00 & 1937.00 as targets.

Comment:

The RSI is bearish and calls for further downside.

Crude Oil (WTI)‎ (Q3)‎ Intraday: the downside prevails.

Pivot:

70.30

Our preference:

Short positions below 70.30 with targets at 68.70 & 68.00 in extension.

Alternative scenario:

Above 70.30 look for further upside with 71.10 & 71.70 as targets.

Comment:

A break below 68.70 would trigger a drop towards 68.00.

EUR/USD Intraday: towards 1.0920.

Pivot:

1.0980

Our preference:

Short positions below 1.0980 with targets at 1.0935 & 1.0920 in extension.

Alternative scenario:

Above 1.0980 look for further upside with 1.0995 & 1.1010 as targets.

Comment:

The RSI is bearish and calls for further decline.

GBP/USD Intraday: choppy.

Pivot:

1.2780

Our preference:

Short positions below 1.2780 with targets at 1.2710 & 1.2690 in extension.

Alternative scenario:

Above 1.2780 look for further upside with 1.2800 & 1.2820 as targets.

Comment:

As long as 1.2780 is resistance, look for choppy price action with a bearish bias.

USD/JPY Intraday: the upside prevails.

Pivot:

142.60

Our preference:

Long positions above 142.60 with targets at 143.40 & 143.70 in extension.

Alternative scenario:

Below 142.60 look for further downside with 142.30 & 141.90 as targets.

Comment:

The RSI calls for a new upleg.