EUR/USD Intraday: further advance.

Pivot:

1.0730

Our preference:

Long positions above 1.0730 with targets at 1.0760 & 1.0775 in extension.

Alternative scenario:

Below 1.0730 look for further downside with 1.0715 & 1.0700 as targets.

Comment:

The RSI advocates for further upside.

GBP/USD Intraday: consolidation.

Pivot:

1.2530

Our preference:

Short positions below 1.2530 with targets at 1.2500 & 1.2485 in extension.

Alternative scenario:

Above 1.2530 look for further upside with 1.2545 & 1.2565 as targets.

Comment:

The RSI is mixed with a bearish bias.

AUD/USD Intraday: bullish bias above 0.6405.

Pivot:

0.6405

Our preference:

Long positions above 0.6405 with targets at 0.6445 & 0.6460 in extension.

Alternative scenario:

Below 0.6405 look for further downside with 0.6390 & 0.6370 as targets.

Comment:

Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

USD/JPY Intraday: rebound in sight.

Pivot:

146.20

Our preference:

Long positions above 146.20 with targets at 146.90 & 147.10 in extension.

Alternative scenario:

Below 146.20 look for further downside with 145.90 & 145.60 as targets.

Comment:

The RSI calls for a bounce.

Gold Intraday: expect 1930.00.

Pivot:

1918.00

Our preference:

Long positions above 1918.00 with targets at 1930.00 & 1935.00 in extension.

Alternative scenario:

Below 1918.00 look for further downside with 1914.00 & 1909.00 as targets.

Comment:

A support base at 1918.00 has formed and has allowed for a temporary stabilisation.

Crude Oil (WTI)‎ (V3)‎ Intraday: supported by a rising trend line.

Pivot:

86.80

Our preference:

Long positions above 86.80 with targets at 88.15 & 88.50 in extension.

Alternative scenario:

Below 86.80 look for further downside with 86.15 & 85.75 as targets.

Comment:

The RSI is mixed with a bullish bias.