EUR/USD Intraday: bullish bias above 1.0635.

Pivot:

1.0635

Our preference:

Long positions above 1.0635 with targets at 1.0670 & 1.0690 in extension.

Alternative scenario:

Below 1.0635 look for further downside with 1.0615 & 1.0600 as targets.

Comment:

The RSI calls for a bounce.

GBP/USD Intraday: key resistance at 1.2310.

Pivot:

1.2310

Our preference:

Short positions below 1.2310 with targets at 1.2270 & 1.2250 in extension.

Alternative scenario:

Above 1.2310 look for further upside with 1.2330 & 1.2350 as targets.

Comment:

As long as 1.2310 is resistance, look for choppy price action with a bearish bias.

USD/JPY Intraday: bullish bias above 147.30.

Pivot:

147.30

Our preference:

Long positions above 147.30 with targets at 147.75 & 147.90 in extension.

Alternative scenario:

Below 147.30 look for further downside with 147.15 & 147.00 as targets.

Comment:

A support base at 147.30 has formed and has allowed for a temporary stabilisation.

Crude Oil (WTI)‎ (X3)‎ Intraday: consolidation in place.

Pivot:

90.40

Our preference:

Short positions below 90.40 with targets at 88.90 & 88.35 in extension.

Alternative scenario:

Above 90.40 look for further upside with 90.95 & 91.65 as targets.

Comment:

As long as 90.40 is resistance, look for choppy price action with a bearish bias.

Gold Intraday: key resistance at 1926.00.

Pivot:

1926.00

Our preference:

Short positions below 1926.00 with targets at 1913.00 & 1906.00 in extension.

Alternative scenario:

Above 1926.00 look for further upside with 1931.00 & 1937.00 as targets.

Comment:

Technically the RSI is below its neutrality area at 50.

AUD/USD Intraday: key resistance at 0.6430.

Pivot:

0.6430

Our preference:

Short positions below 0.6430 with targets at 0.6400 & 0.6385 in extension.

Alternative scenario:

Above 0.6430 look for further upside with 0.6445 & 0.6460 as targets.

Comment:

The RSI is mixed with a bearish bias.