AUD/USD Intraday: key resistance at 0.6790.

Pivot:

0.6790

Our preference:

Short positions below 0.6790 with targets at 0.6750 & 0.6735 in extension.

Alternative scenario:

Above 0.6790 look for further upside with 0.6805 & 0.6820 as targets.

Comment:

As long as the resistance at 0.6790 is not surpassed, the risk of the break below 0.6750 remains high.

Gold Intraday: bullish bias above 1969.00.

Pivot:

1969.00

Our preference:

Long positions above 1969.00 with targets at 1984.00 & 1990.00 in extension.

Alternative scenario:

Below 1969.00 look for further downside with 1962.00 & 1955.00 as targets.

Comment:

The RSI is mixed with a bullish bias.

Crude Oil (WTI)‎ (U3)‎ Intraday: the downside prevails.

Pivot:

76.05

Our preference:

Short positions below 76.05 with targets at 74.60 & 73.80 in extension.

Alternative scenario:

Above 76.05 look for further upside with 76.70 & 77.15 as targets.

Comment:

The RSI is bearish and calls for further decline.

EUR/USD Intraday: the downside prevails.

Pivot:

1.1220

Our preference:

Short positions below 1.1220 with targets at 1.1180 & 1.1165 in extension.

Alternative scenario:

Above 1.1220 look for further upside with 1.1235 & 1.1255 as targets.

Comment:

The RSI calls for a new downleg.

GBP/USD Intraday: key resistance at 1.2970.

Pivot:

1.2970

Our preference:

Short positions below 1.2970 with targets at 1.2900 & 1.2870 in extension.

Alternative scenario:

Above 1.2970 look for further upside with 1.3000 & 1.3030 as targets.

Comment:

As long as 1.2970 is resistance, look for choppy price action with a bearish bias.

USD/JPY Intraday: bullish bias above 139.35.

Pivot:

139.35

Our preference:

Long positions above 139.35 with targets at 140.00 & 140.20 in extension.

Alternative scenario:

Below 139.35 look for further downside with 139.10 & 138.80 as targets.

Comment:

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