Crude Oil (WTI)‎ (Z3)‎ Intraday: watch 79.80.
Pivot:
81.60
Our preference:
Short positions below 81.60 with targets at 80.30 & 79.80 in extension.
Alternative scenario:
Above 81.60 look for further upside with 82.45 & 83.40 as targets.
Comment:
As long as the resistance at 81.60 is not surpassed, the risk of the break below 80.30 remains high.
Gold Intraday: turning up.
Pivot:
1975.00
Our preference:
Long positions above 1975.00 with targets at 1992.00 & 2000.00 in extension.
Alternative scenario:
Below 1975.00 look for further downside with 1969.00 & 1963.00 as targets.
Comment:
The RSI calls for a bounce.
EUR/USD Intraday: continuation of the rebound.
Pivot:
1.0550
Our preference:
Long positions above 1.0550 with targets at 1.0595 & 1.0615 in extension.
Alternative scenario:
Below 1.0550 look for further downside with 1.0530 & 1.0515 as targets.
Comment:
The RSI shows upside momentum.
GBP/USD Intraday: further advance.
Pivot:
1.2135
Our preference:
Long positions above 1.2135 with targets at 1.2200 & 1.2220 in extension.
Alternative scenario:
Below 1.2135 look for further downside with 1.2115 & 1.2095 as targets.
Comment:
The RSI is bullish and calls for further upside.
AUD/USD Intraday: further upside.
Pivot:
0.6385
Our preference:
Long positions above 0.6385 with targets at 0.6440 & 0.6460 in extension.
Alternative scenario:
Below 0.6385 look for further downside with 0.6370 & 0.6355 as targets.
Comment:
The RSI is bullish and calls for further advance.
USD/JPY Intraday: towards 149.90.
Pivot:
151.20
Our preference:
Short positions below 151.20 with targets at 150.25 & 149.90 in extension.
Alternative scenario:
Above 151.20 look for further upside with 151.45 & 151.70 as targets.
Comment:
The RSI advocates for further decline.