Crude Oil (WTI)‎ (U3)‎ Intraday: watch 83.00.

Pivot:

81.00

Our preference:

Long positions above 81.00 with targets at 82.40 & 83.00 in extension.

Alternative scenario:

Below 81.00 look for further downside with 80.50 & 80.10 as targets.

Comment:

The RSI is bullish and calls for further upside.

EUR/USD Intraday: under pressure.

Pivot:

1.1025

Our preference:

Short positions below 1.1025 with targets at 1.0965 & 1.0940 in extension.

Alternative scenario:

Above 1.1025 look for further upside with 1.1050 & 1.1075 as targets.

Comment:

The RSI lacks upward momentum.

Gold Intraday: bullish bias above 1956.00.

Pivot:

1956.00

Our preference:

Long positions above 1956.00 with targets at 1972.00 & 1981.00 in extension.

Alternative scenario:

Below 1956.00 look for further downside with 1949.00 & 1942.00 as targets.

Comment:

The next resistances are at 1972.00 and then at 1981.00.

GBP/USD Intraday: key resistance at 1.2870.

Pivot:

1.2870

Our preference:

Short positions below 1.2870 with targets at 1.2800 & 1.2770 in extension.

Alternative scenario:

Above 1.2870 look for further upside with 1.2900 & 1.2935 as targets.

Comment:

As long as the resistance at 1.2870 is not surpassed, the risk of the break below 1.2800 remains high.

USD/JPY Intraday: further upside.

Pivot:

141.65

Our preference:

Long positions above 141.65 with targets at 142.65 & 143.10 in extension.

Alternative scenario:

Below 141.65 look for further downside with 141.15 & 140.70 as targets.

Comment:

The RSI lacks downward momentum.

AUD/USD Intraday: consolidation.

Pivot:

0.6695

Our preference:

Long positions above 0.6695 with targets at 0.6740 & 0.6765 in extension.

Alternative scenario:

Below 0.6695 look for further downside with 0.6675 & 0.6655 as targets.

Comment:

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