Gold Intraday: bullish bias above 1947.00.

Pivot:

1947.00

Our preference:

Long positions above 1947.00 with targets at 1972.00 & 1980.00 in extension.

Alternative scenario:

Below 1947.00 look for further downside with 1941.00 & 1933.00 as targets.

Comment:

The immediate trend remains up but the momentum is weak.

Crude Oil (WTI)‎ (Q3)‎ Intraday: bullish bias above 76.55.

Pivot:

76.55

Our preference:

Long positions above 76.55 with targets at 77.75 & 78.50 in extension.

Alternative scenario:

Below 76.55 look for further downside with 76.00 & 75.30 as targets.

Comment:

The break above the resistance at 76.55 triggered an upward acceleration to 77.75.

EUR/USD Intraday: further advance.

Pivot:

1.1180

Our preference:

Long positions above 1.1180 with targets at 1.1250 & 1.1280 in extension.

Alternative scenario:

Below 1.1180 look for further downside with 1.1160 & 1.1130 as targets.

Comment:

The RSI is bullish and calls for further upside.

GBP/USD Intraday: towards 1.3200.

Pivot:

1.3070

Our preference:

Long positions above 1.3070 with targets at 1.3170 & 1.3200 in extension.

Alternative scenario:

Below 1.3070 look for further downside with 1.3040 & 1.3010 as targets.

Comment:

The RSI advocates for further advance.

USD/JPY Intraday: 137.00 in sight.

Pivot:

138.70

Our preference:

Short positions below 138.70 with targets at 137.40 & 137.00 in extension.

Alternative scenario:

Above 138.70 look for further upside with 139.00 & 139.30 as targets.

Comment:

The RSI advocates for further downside.

AUD/USD Intraday: watch 0.6950.

Pivot:

0.6840

Our preference:

Long positions above 0.6840 with targets at 0.6920 & 0.6950 in extension.

Alternative scenario:

Below 0.6840 look for further downside with 0.6810 & 0.6780 as targets.

Comment:

The RSI calls for a bounce.