EUR/USD Intraday: the downside prevails.

Pivot:

1.0930

Our preference:

Short positions below 1.0930 with targets at 1.0875 & 1.0860 in extension.

Alternative scenario:

Above 1.0930 look for further upside with 1.0945 & 1.0960 as targets.

Comment:

The RSI is bearish and calls for further decline.

GBP/USD Intraday: towards 1.2660.

Pivot:

1.2730

Our preference:

Short positions below 1.2730 with targets at 1.2680 & 1.2660 in extension.

Alternative scenario:

Above 1.2730 look for further upside with 1.2750 & 1.2770 as targets.

Comment:

The RSI advocates for further downside.

USD/JPY Intraday: bullish bias above 145.30.

Pivot:

145.30

Our preference:

Long positions above 145.30 with targets at 145.80 & 146.00 in extension.

Alternative scenario:

Below 145.30 look for further downside with 145.10 & 144.90 as targets.

Comment:

The RSI calls for a bounce.

Gold Intraday: key resistance at 1911.00.

Pivot:

1911.00

Our preference:

Short positions below 1911.00 with targets at 1896.00 & 1890.00 in extension.

Alternative scenario:

Above 1911.00 look for further upside with 1916.00 & 1921.00 as targets.

Comment:

As long as 1911.00 is resistance, look for choppy price action with a bearish bias.

Crude Oil (WTI)‎ (U3)‎ Intraday: key resistance at 81.75.

Pivot:

81.75

Our preference:

Short positions below 81.75 with targets at 80.40 & 79.90 in extension.

Alternative scenario:

Above 81.75 look for further upside with 82.35 & 83.20 as targets.

Comment:

Technically the RSI is below its neutrality area at 50.

AUD/USD Intraday: under pressure.

Pivot:

0.6480

Our preference:

Short positions below 0.6480 with targets at 0.6440 & 0.6425 in extension.

Alternative scenario:

Above 0.6480 look for further upside with 0.6495 & 0.6510 as targets.

Comment:

The RSI calls for a new downleg.