EUR/USD Intraday: the downside prevails.

Pivot:

1.0710

Our preference:

Short positions below 1.0710 with targets at 1.0680 & 1.0660 in extension.

Alternative scenario:

Above 1.0710 look for further upside with 1.0730 & 1.0745 as targets.

Comment:

The RSI calls for a new downleg.

GBP/USD Intraday: key resistance at 1.2490.

Pivot:

1.2490

Our preference:

Short positions below 1.2490 with targets at 1.2450 & 1.2430 in extension.

Alternative scenario:

Above 1.2490 look for further upside with 1.2510 & 1.2530 as targets.

Comment:

As long as 1.2490 is resistance, look for choppy price action with a bearish bias.

AUD/USD Intraday: key resistance at 0.6390.

Pivot:

0.6390

Our preference:

Short positions below 0.6390 with targets at 0.6360 & 0.6345 in extension.

Alternative scenario:

Above 0.6390 look for further upside with 0.6405 & 0.6420 as targets.

Comment:

As long as 0.6390 is resistance, look for choppy price action with a bearish bias.

USD/JPY Intraday: bullish bias above 147.00.

Pivot:

147.00

Our preference:

Long positions above 147.00 with targets at 147.50 & 147.70 in extension.

Alternative scenario:

Below 147.00 look for further downside with 146.80 & 146.60 as targets.

Comment:

The RSI calls for a rebound.

Gold Intraday: bounce.

Pivot:

1915.00

Our preference:

Long positions above 1915.00 with targets at 1924.00 & 1929.00 in extension.

Alternative scenario:

Below 1915.00 look for further downside with 1909.00 & 1904.00 as targets.

Comment:

The RSI calls for a rebound.

Crude Oil (WTI)‎ (V3)‎ Intraday: under pressure.

Pivot:

87.55

Our preference:

Short positions below 87.55 with targets at 85.95 & 85.50 in extension.

Alternative scenario:

Above 87.55 look for further upside with 88.05 & 88.65 as targets.

Comment:

The RSI is below its neutrality area at 50%