Crude Oil (WTI)‎ (X3)‎ Intraday: intraday support around 86.80.

Pivot:

86.80

Our preference:

Long positions above 86.80 with targets at 88.30 & 89.00 in extension.

Alternative scenario:

Below 86.80 look for further downside with 85.75 & 85.10 as targets.

Comment:

The next resistances are at 88.30 and then at 89.00.

Gold Intraday: further upside.

Pivot:

1918.00

Our preference:

Long positions above 1918.00 with targets at 1945.00 & 1954.00 in extension.

Alternative scenario:

Below 1918.00 look for further downside with 1905.00 & 1896.00 as targets.

Comment:

The RSI shows upside momentum.

EUR/USD Intraday: watch 1.0555.

Pivot:

1.0495

Our preference:

Long positions above 1.0495 with targets at 1.0540 & 1.0555 in extension.

Alternative scenario:

Below 1.0495 look for further downside with 1.0480 & 1.0465 as targets.

Comment:

The RSI calls for a rebound.

GBP/USD Intraday: bullish bias above 1.2120.

Pivot:

1.2120

Our preference:

Long positions above 1.2120 with targets at 1.2170 & 1.2190 in extension.

Alternative scenario:

Below 1.2120 look for further downside with 1.2100 & 1.2080 as targets.

Comment:

A support base at 1.2120 has formed and has allowed for a temporary stabilisation.

AUD/USD Intraday: expect 0.6335.

Pivot:

0.6285

Our preference:

Long positions above 0.6285 with targets at 0.6320 & 0.6335 in extension.

Alternative scenario:

Below 0.6285 look for further downside with 0.6270 & 0.6255 as targets.

Comment:

The RSI calls for a bounce.

USD/JPY Intraday: consolidation in place.

Pivot:

149.80

Our preference:

Short positions below 149.80 with targets at 149.40 & 149.20 in extension.

Alternative scenario:

Above 149.80 look for further upside with 150.00 & 150.20 as targets.

Comment:

As long as 149.80 is resistance, look for choppy price action with a bearish bias.