AUD/USD Intraday: further upside.

Pivot:

0.6760

Our preference:

Long positions above 0.6760 with targets at 0.6810 & 0.6825 in extension.

Alternative scenario:

Below 0.6760 look for further downside with 0.6745 & 0.6730 as targets.

Comment:

The RSI advocates for further advance.

Gold Intraday: continuation of the rebound.

Pivot:

1958.00

Our preference:

Long positions above 1958.00 with targets at 1971.00 & 1976.00 in extension.

Alternative scenario:

Below 1958.00 look for further downside with 1953.00 & 1948.00 as targets.

Comment:

The RSI is bullish and calls for further upside.

Crude Oil (WTI)‎ (U3)‎ Intraday: bullish bias above 78.80.

Pivot:

78.80

Our preference:

Long positions above 78.80 with targets at 79.90 & 80.50 in extension.

Alternative scenario:

Below 78.80 look for further downside with 78.30 & 77.80 as targets.

Comment:

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

EUR/USD Intraday: bullish bias above 1.1035.

Pivot:

1.1035

Our preference:

Long positions above 1.1035 with targets at 1.1070 & 1.1085 in extension.

Alternative scenario:

Below 1.1035 look for further downside with 1.1020 & 1.1000 as targets.

Comment:

The RSI calls for a rebound.

GBP/USD Intraday: further advance.

Pivot:

1.2860

Our preference:

Long positions above 1.2860 with targets at 1.2920 & 1.2940 in extension.

Alternative scenario:

Below 1.2860 look for further downside with 1.2835 & 1.2810 as targets.

Comment:

The RSI is bullish and calls for further upside.

USD/JPY Intraday: the downside prevails.

Pivot:

141.40

Our preference:

Short positions below 141.40 with targets at 140.50 & 140.20 in extension.

Alternative scenario:

Above 141.40 look for further upside with 141.70 & 141.95 as targets.

Comment:

The RSI calls for a new downleg.