Crude Oil (WTI)‎ (X3)‎ Intraday: the downside prevails.
Pivot:
89.80
Our preference:
Short positions below 89.80 with targets at 87.70 & 87.00 in extension.
Alternative scenario:
Above 89.80 look for further upside with 90.60 & 91.70 as targets.
Comment:
The RSI has broken down its 30 level.
EUR/USD Intraday: under pressure.
Pivot:
1.0510
Our preference:
Short positions below 1.0510 with targets at 1.0455 & 1.0430 in extension.
Alternative scenario:
Above 1.0510 look for further upside with 1.0530 & 1.0550 as targets.
Comment:
The RSI has broken down its 30 level.
GBP/USD Intraday: towards 1.2040.
Pivot:
1.2125
Our preference:
Short positions below 1.2125 with targets at 1.2070 & 1.2040 in extension.
Alternative scenario:
Above 1.2125 look for further upside with 1.2145 & 1.2165 as targets.
Comment:
The RSI is bearish and calls for further decline.
AUD/USD Intraday: the downside prevails.
Pivot:
0.6390
Our preference:
Short positions below 0.6390 with targets at 0.6330 & 0.6315 in extension.
Alternative scenario:
Above 0.6390 look for further upside with 0.6410 & 0.6425 as targets.
Comment:
The RSI advocates for further downside.
USD/JPY Intraday: bullish bias above 149.55.
Pivot:
149.55
Our preference:
Long positions above 149.55 with targets at 150.00 & 150.20 in extension.
Alternative scenario:
Below 149.55 look for further downside with 149.35 & 149.15 as targets.
Comment:
The RSI advocates for further advance.
Gold Intraday: the downside prevails.
Pivot:
1834.00
Our preference:
Short positions below 1834.00 with targets at 1815.00 & 1805.00 in extension.
Alternative scenario:
Above 1834.00 look for further upside with 1842.00 & 1850.00 as targets.
Comment:
The RSI has broken down its 30 level.