Crude Oil (WTI)‎ (X3)‎ Intraday: the downside prevails.

Pivot:

85.50

Our preference:

Short positions below 85.50 with targets at 83.50 & 82.45 in extension.

Alternative scenario:

Above 85.50 look for further upside with 86.90 & 87.80 as targets.

Comment:

The RSI has broken down its 30 level.

EUR/USD Intraday: bullish bias above 1.0480.

Pivot:

1.0480

Our preference:

Long positions above 1.0480 with targets at 1.0530 & 1.0545 in extension.

Alternative scenario:

Below 1.0480 look for further downside with 1.0465 & 1.0450 as targets.

Comment:

The RSI calls for a bounce.

GBP/USD Intraday: the bias remains bullish.

Pivot:

1.2105

Our preference:

Long positions above 1.2105 with targets at 1.2160 & 1.2175 in extension.

Alternative scenario:

Below 1.2105 look for further downside with 1.2090 & 1.2070 as targets.

Comment:

Technically the RSI is above its neutrality area at 50.

AUD/USD Intraday: bullish bias above 0.6305.

Pivot:

0.6305

Our preference:

Long positions above 0.6305 with targets at 0.6345 & 0.6365 in extension.

Alternative scenario:

Below 0.6305 look for further downside with 0.6285 & 0.6270 as targets.

Comment:

The RSI advocates for further advance.

USD/JPY Intraday: choppy.

Pivot:

149.30

Our preference:

Short positions below 149.30 with targets at 148.70 & 148.50 in extension.

Alternative scenario:

Above 149.30 look for further upside with 149.50 & 149.70 as targets.

Comment:

As long as 149.30 is resistance, look for choppy price action with a bearish bias.

Gold Intraday: intraday support around 1815.00.

Pivot:

1815.00

Our preference:

Long positions above 1815.00 with targets at 1827.00 & 1833.00 in extension.

Alternative scenario:

Below 1815.00 look for further downside with 1810.00 & 1805.00 as targets.

Comment:

A support base at 1815.00 has formed and has allowed for a temporary stabilisation.