EUR/USD Intraday: continuation of the rebound.
Pivot:
1.0800
Our preference:
Long positions above 1.0800 with targets at 1.0840 & 1.0860 in extension.
Alternative scenario:
Below 1.0800 look for further downside with 1.0785 & 1.0765 as targets.
Comment:
The RSI shows upside momentum.
Gold Intraday: aim @ 1932.00.
Pivot:
1913.00
Our preference:
Long positions above 1913.00 with targets at 1926.00 & 1932.00 in extension.
Alternative scenario:
Below 1913.00 look for further downside with 1908.00 & 1903.00 as targets.
Comment:
The RSI is bullish and calls for further upside.
Crude Oil (WTI)‎ (V3)‎ Intraday: intraday support around 79.60.
Pivot:
79.60
Our preference:
Long positions above 79.60 with targets at 80.85 & 81.25 in extension.
Alternative scenario:
Below 79.60 look for further downside with 79.20 & 78.80 as targets.
Comment:
The next resistances are at 80.85 and then at 81.25.
GBP/USD Intraday: towards 1.2650.
Pivot:
1.2585
Our preference:
Long positions above 1.2585 with targets at 1.2630 & 1.2650 in extension.
Alternative scenario:
Below 1.2585 look for further downside with 1.2565 & 1.2545 as targets.
Comment:
The RSI is bullish and calls for further upside.
USD/JPY Intraday: consolidation.
Pivot:
146.70
Our preference:
Short positions below 146.70 with targets at 146.20 & 146.00 in extension.
Alternative scenario:
Above 146.70 look for further upside with 146.85 & 147.00 as targets.
Comment:
As long as 146.70 is resistance, look for choppy price action with a bearish bias.
AUD/USD Intraday: bullish bias above 0.6410.
Pivot:
0.6410
Our preference:
Long positions above 0.6410 with targets at 0.6445 & 0.6460 in extension.
Alternative scenario:
Below 0.6410 look for further downside with 0.6395 & 0.6380 as targets.
Comment:
The RSI advocates for further advance.