Gold Intraday: bullish bias above 1919.00.

Pivot:

1919.00

Our preference:

Long positions above 1919.00 with targets at 1930.00 & 1934.00 in extension.

Alternative scenario:

Below 1919.00 look for further downside with 1912.00 & 1904.00 as targets.

Comment:

The RSI is mixed with a bullish bias.

Crude Oil (WTI)‎ (Q3)‎ Intraday: intraday support around 72.70.

Pivot:

72.70

Our preference:

Long positions above 72.70 with targets at 73.60 & 74.10 in extension.

Alternative scenario:

Below 72.70 look for further downside with 72.25 & 71.45 as targets.

Comment:

A support base at 72.70 has formed and has allowed for a temporary stabilisation.

EUR/USD Intraday: the upside prevails.

Pivot:

1.0970

Our preference:

Long positions above 1.0970 with targets at 1.1010 & 1.1040 in extension.

Alternative scenario:

Below 1.0970 look for further downside with 1.0955 & 1.0940 as targets.

Comment:

The RSI is bullish and calls for further advance.

GBP/USD Intraday: further advance.

Pivot:

1.2820

Our preference:

Long positions above 1.2820 with targets at 1.2890 & 1.2920 in extension.

Alternative scenario:

Below 1.2820 look for further downside with 1.2795 & 1.2770 as targets.

Comment:

The RSI advocates for further upside.

USD/JPY Intraday: the downside prevails.

Pivot:

142.05

Our preference:

Short positions below 142.05 with targets at 141.00 & 140.30 in extension.

Alternative scenario:

Above 142.05 look for further upside with 142.60 & 143.00 as targets.

Comment:

The RSI is bearish and calls for further decline.

AUD/USD Intraday: bullish bias above 0.6650.

Pivot:

0.6650

Our preference:

Long positions above 0.6650 with targets at 0.6700 & 0.6720 in extension.

Alternative scenario:

Below 0.6650 look for further downside with 0.6635 & 0.6620 as targets.

Comment:

The RSI calls for a bounce.