Crude Oil (WTI)‎ (Z3)‎ Intraday: key resistance at 76.55.

Pivot:

76.55

Our preference:

Short positions below 76.55 with targets at 74.90 & 74.00 in extension.

Alternative scenario:

Above 76.55 look for further upside with 77.50 & 78.80 as targets.

Comment:

As long as the resistance at 76.55 is not surpassed, the risk of the break below 74.90 remains high.

Gold Intraday: under pressure.

Pivot:

1959.00

Our preference:

Short positions below 1959.00 with targets at 1945.00 & 1938.00 in extension.

Alternative scenario:

Above 1959.00 look for further upside with 1965.00 & 1970.00 as targets.

Comment:

The RSI is bearish and calls for further downside.

EUR/USD Intraday: continuation of the rebound.

Pivot:

1.0680

Our preference:

Long positions above 1.0680 with targets at 1.0730 & 1.0750 in extension.

Alternative scenario:

Below 1.0680 look for further downside with 1.0660 & 1.0640 as targets.

Comment:

The RSI is bullish and calls for further upside.

GBP/USD Intraday: bullish bias above 1.2260.

Pivot:

1.2260

Our preference:

Long positions above 1.2260 with targets at 1.2300 & 1.2320 in extension.

Alternative scenario:

Below 1.2260 look for further downside with 1.2240 & 1.2220 as targets.

Comment:

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

AUD/USD Intraday: the downside prevails.

Pivot:

0.6420

Our preference:

Short positions below 0.6420 with targets at 0.6395 & 0.6380 in extension.

Alternative scenario:

Above 0.6420 look for further upside with 0.6435 & 0.6450 as targets.

Comment:

The RSI is bearish and calls for further downside.

USD/JPY Intraday: intraday support around 150.65.

Pivot:

150.65

Our preference:

Long positions above 150.65 with targets at 151.05 & 151.20 in extension.

Alternative scenario:

Below 150.65 look for further downside with 150.50 & 150.30 as targets.

Comment:

Technically the RSI is above its neutrality area at 50.