Crude Oil (WTI)‎ (U3)‎ Intraday: consolidation in place.

Pivot:

80.20

Our preference:

Short positions below 80.20 with targets at 79.30 & 79.00 in extension.

Alternative scenario:

Above 80.20 look for further upside with 80.60 & 81.20 as targets.

Comment:

As long as 80.20 is resistance, expect a return to 79.30.

EUR/USD Intraday: under pressure.

Pivot:

1.1035

Our preference:

Short positions below 1.1035 with targets at 1.0940 & 1.0900 in extension.

Alternative scenario:

Above 1.1035 look for further upside with 1.1070 & 1.1110 as targets.

Comment:

The RSI is bearish and calls for further downside.

Gold Intraday: under pressure.

Pivot:

1958.00

Our preference:

Short positions below 1958.00 with targets at 1938.00 & 1930.00 in extension.

Alternative scenario:

Above 1958.00 look for further upside with 1966.00 & 1974.00 as targets.

Comment:

The RSI is bearish and calls for further decline.

GBP/USD Intraday: the downside prevails.

Pivot:

1.2870

Our preference:

Short positions below 1.2870 with targets at 1.2740 & 1.2700 in extension.

Alternative scenario:

Above 1.2870 look for further upside with 1.2910 & 1.2950 as targets.

Comment:

The RSI calls for a new downleg.

USD/JPY Intraday: watch 138.20.

Pivot:

139.80

Our preference:

Short positions below 139.80 with targets at 138.75 & 138.20 in extension.

Alternative scenario:

Above 139.80 look for further upside with 140.30 & 140.75 as targets.

Comment:

As long as the resistance at 139.80 is not surpassed, the risk of the break below 138.75 remains high.

AUD/USD Intraday: towards 0.6660.

Pivot:

0.6745

Our preference:

Short positions below 0.6745 with targets at 0.6685 & 0.6660 in extension.

Alternative scenario:

Above 0.6745 look for further upside with 0.6770 & 0.6795 as targets.

Comment:

The RSI calls for a new downleg.