EUR/USD Intraday: the bias remains bullish.
Pivot:
1.0685
Our preference:
Long positions above 1.0685 with targets at 1.0730 & 1.0745 in extension.
Alternative scenario:
Below 1.0685 look for further downside with 1.0670 & 1.0655 as targets.
Comment:
The RSI calls for a bounce.
GBP/USD Intraday: bullish bias above 1.2450.
Pivot:
1.2450
Our preference:
Long positions above 1.2450 with targets at 1.2510 & 1.2530 in extension.
Alternative scenario:
Below 1.2450 look for further downside with 1.2430 & 1.2410 as targets.
Comment:
The RSI calls for a rebound.
AUD/USD Intraday: towards 0.6430.
Pivot:
0.6370
Our preference:
Long positions above 0.6370 with targets at 0.6415 & 0.6430 in extension.
Alternative scenario:
Below 0.6370 look for further downside with 0.6355 & 0.6340 as targets.
Comment:
The RSI shows upside momentum.
USD/JPY Intraday: the downside prevails.
Pivot:
147.60
Our preference:
Short positions below 147.60 with targets at 146.75 & 146.55 in extension.
Alternative scenario:
Above 147.60 look for further upside with 147.85 & 148.10 as targets.
Comment:
The RSI is bearish and calls for further decline.
Gold Intraday: watch 1909.00.
Pivot:
1924.00
Our preference:
Short positions below 1924.00 with targets at 1914.00 & 1909.00 in extension.
Alternative scenario:
Above 1924.00 look for further upside with 1930.00 & 1934.00 as targets.
Comment:
The RSI advocates for further downside.
Crude Oil (WTI) (V3) Intraday: watch 86.15.
Pivot:
87.65
Our preference:
Short positions below 87.65 with targets at 86.70 & 86.15 in extension.
Alternative scenario:
Above 87.65 look for further upside with 88.05 & 88.50 as targets.
Comment:
As long as the resistance at 87.65 is not surpassed, the risk of the break below 86.70 remains high.