EUR/USD Intraday: bullish bias above 1.0700.

Pivot:

1.0700

Our preference:

Long positions above 1.0700 with targets at 1.0745 & 1.0760 in extension.

Alternative scenario:

Below 1.0700 look for further downside with 1.0685 & 1.0670 as targets.

Comment:

A support base at 1.0700 has formed and has allowed for a temporary stabilisation.

GBP/USD Intraday: the downside prevails.

Pivot:

1.2530

Our preference:

Short positions below 1.2530 with targets at 1.2480 & 1.2450 in extension.

Alternative scenario:

Above 1.2530 look for further upside with 1.2560 & 1.2585 as targets.

Comment:

As long as the resistance at 1.2530 is not surpassed, the risk of the break below 1.2480 remains high.

AUD/USD Intraday: bullish bias above 0.6355.

Pivot:

0.6355

Our preference:

Long positions above 0.6355 with targets at 0.6405 & 0.6420 in extension.

Alternative scenario:

Below 0.6355 look for further downside with 0.6340 & 0.6325 as targets.

Comment:

The RSI calls for a rebound.

USD/JPY Intraday: further upside.

Pivot:

147.20

Our preference:

Long positions above 147.20 with targets at 148.00 & 148.30 in extension.

Alternative scenario:

Below 147.20 look for further downside with 147.00 & 146.80 as targets.

Comment:

The RSI calls for a bounce.

Gold Intraday: aim @ 1907.00.

Pivot:

1924.00

Our preference:

Short positions below 1924.00 with targets at 1912.00 & 1907.00 in extension.

Alternative scenario:

Above 1924.00 look for further upside with 1929.00 & 1934.00 as targets.

Comment:

The RSI lacks upward momentum.

Crude Oil (WTI)‎ (V3)‎ Intraday: intraday support around 86.90.

Pivot:

86.90

Our preference:

Long positions above 86.90 with targets at 88.05 & 89.00 in extension.

Alternative scenario:

Below 86.90 look for further downside with 86.15 & 85.60 as targets.

Comment:

The RSI is bullish and calls for further upside.