EUR/USD Intraday: the upside prevails.

Pivot:

1.0590

Our preference:

Long positions above 1.0590 with targets at 1.0630 & 1.0645 in extension.

Alternative scenario:

Below 1.0590 look for further downside with 1.0575 & 1.0560 as targets.

Comment:

The RSI advocates for further advance.

GBP/USD Intraday: further advance.

Pivot:

1.2140

Our preference:

Long positions above 1.2140 with targets at 1.2185 & 1.2205 in extension.

Alternative scenario:

Below 1.2140 look for further downside with 1.2120 & 1.2105 as targets.

Comment:

The RSI calls for a new upleg.

AUD/USD Intraday: the bias remains bullish.

Pivot:

0.6350

Our preference:

Long positions above 0.6350 with targets at 0.6385 & 0.6400 in extension.

Alternative scenario:

Below 0.6350 look for further downside with 0.6330 & 0.6315 as targets.

Comment:

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

USD/JPY Intraday: the downside prevails.

Pivot:

149.50

Our preference:

Short positions below 149.50 with targets at 148.80 & 148.50 in extension.

Alternative scenario:

Above 149.50 look for further upside with 149.80 & 150.10 as targets.

Comment:

As long as the resistance at 149.50 is not surpassed, the risk of the break below 148.80 remains high.

Crude Oil (WTI)‎ (Z3)‎ Intraday: under pressure.

Pivot:

83.45

Our preference:

Short positions below 83.45 with targets at 81.95 & 81.30 in extension.

Alternative scenario:

Above 83.45 look for further upside with 84.10 & 84.80 as targets.

Comment:

The RSI is below its neutrality area at 50%

Gold Intraday: consolidation.

Pivot:

2003.00

Our preference:

Short positions below 2003.00 with targets at 1990.00 & 1983.00 in extension.

Alternative scenario:

Above 2003.00 look for further upside with 2009.00 & 2015.00 as targets.

Comment:

As long as 2003.00 is resistance, look for choppy price action with a bearish bias.