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

Pivot:

84.60

Our preference:

Long positions above 84.60 with targets at 87.70 & 88.75 in extension.

Alternative scenario:

Below 84.60 look for further downside with 83.25 & 82.10 as targets.

Comment:

The RSI shows upside momentum.

EUR/USD Intraday: the bias remains bullish.

Pivot:

1.0535

Our preference:

Long positions above 1.0535 with targets at 1.0580 & 1.0600 in extension.

Alternative scenario:

Below 1.0535 look for further downside with 1.0505 & 1.0480 as targets.

Comment:

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

GBP/USD Intraday: bullish bias above 1.2190.

Pivot:

1.2190

Our preference:

Long positions above 1.2190 with targets at 1.2240 & 1.2260 in extension.

Alternative scenario:

Below 1.2190 look for further downside with 1.2185 & 1.2140 as targets.

Comment:

The next resistances are at 1.2240 and then at 1.2260.

AUD/USD Intraday: choppy.

Pivot:

0.6385

Our preference:

Short positions below 0.6385 with targets at 0.6345 & 0.6325 in extension.

Alternative scenario:

Above 0.6385 look for further upside with 0.6400 & 0.6420 as targets.

Comment:

The RSI is mixed with a bearish bias.

USD/JPY Intraday: watch 149.50.

Pivot:

148.90

Our preference:

Long positions above 148.90 with targets at 149.35 & 149.50 in extension.

Alternative scenario:

Below 148.90 look for further downside with 148.75 & 148.60 as targets.

Comment:

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

Gold Intraday: further advance.

Pivot:

1834.00

Our preference:

Long positions above 1834.00 with targets at 1858.00 & 1865.00 in extension.

Alternative scenario:

Below 1834.00 look for further downside with 1826.00 & 1819.00 as targets.

Comment:

The RSI is bullish and calls for further upside.