Gold Intraday: towards 1943.00.

Pivot:

1958.00

Our preference:

Short positions below 1958.00 with targets at 1948.00 & 1943.00 in extension.

Alternative scenario:

Above 1958.00 look for further upside with 1963.00 & 1968.00 as targets.

Comment:

The RSI is bearish and calls for further downside.

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

Pivot:

75.90

Our preference:

Short positions below 75.90 with targets at 74.00 & 73.30 in extension.

Alternative scenario:

Above 75.90 look for further upside with 76.60 & 77.30 as targets.

Comment:

The RSI has broken down its 30 level.

EUR/USD Intraday: bullish bias above 1.1205.

Pivot:

1.1205

Our preference:

Long positions above 1.1205 with targets at 1.1245 & 1.1265 in extension.

Alternative scenario:

Below 1.1205 look for further downside with 1.1180 & 1.1160 as targets.

Comment:

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

GBP/USD Intraday: watch 1.3075.

Pivot:

1.3125

Our preference:

Short positions below 1.3125 with targets at 1.3075 & 1.3050 in extension.

Alternative scenario:

Above 1.3125 look for further upside with 1.3145 & 1.3170 as targets.

Comment:

A break below 1.3075 would trigger a drop towards 1.3050.

USD/JPY Intraday: the bias remains bullish.

Pivot:

138.30

Our preference:

Long positions above 138.30 with targets at 139.15 & 139.45 in extension.

Alternative scenario:

Below 138.30 look for further downside with 138.00 & 137.65 as targets.

Comment:

Technically the RSI is above its neutrality area at 50.

AUD/USD Intraday: the downside prevails.

Pivot:

0.6860

Our preference:

Short positions below 0.6860 with targets at 0.6820 & 0.6805 in extension.

Alternative scenario:

Above 0.6860 look for further upside with 0.6880 & 0.6895 as targets.

Comment:

The RSI is bearish and calls for further downside.