Crude Oil (WTI)‎ (Z3)‎ Intraday: further advance.

Pivot:

77.50

Our preference:

Long positions above 77.50 with targets at 79.00 & 79.70 in extension.

Alternative scenario:

Below 77.50 look for further downside with 76.90 & 76.25 as targets.

Comment:

Technically the RSI is above its neutrality area at 50.

Gold Intraday: continuation of the rebound.

Pivot:

1938.00

Our preference:

Long positions above 1938.00 with targets at 1952.00 & 1958.00 in extension.

Alternative scenario:

Below 1938.00 look for further downside with 1933.00 & 1927.00 as targets.

Comment:

The RSI is bullish and calls for further upside.

EUR/USD Intraday: the bias remains bullish.

Pivot:

1.0675

Our preference:

Long positions above 1.0675 with targets at 1.0710 & 1.0725 in extension.

Alternative scenario:

Below 1.0675 look for further downside with 1.0660 & 1.0645 as targets.

Comment:

The RSI calls for a bounce.

GBP/USD Intraday: further advance.

Pivot:

1.2240

Our preference:

Long positions above 1.2240 with targets at 1.2305 & 1.2330 in extension.

Alternative scenario:

Below 1.2240 look for further downside with 1.2220 & 1.2200 as targets.

Comment:

The RSI is bullish and calls for further upside.

AUD/USD Intraday: bullish bias above 0.6355.

Pivot:

0.6355

Our preference:

Long positions above 0.6355 with targets at 0.6390 & 0.6405 in extension.

Alternative scenario:

Below 0.6355 look for further downside with 0.6340 & 0.6325 as targets.

Comment:

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

USD/JPY Intraday: consolidation.

Pivot:

151.90

Our preference:

Short positions below 151.90 with targets at 151.40 & 151.20 in extension.

Alternative scenario:

Above 151.90 look for further upside with 152.10 & 152.30 as targets.

Comment:

The RSI is mixed with a bearish bias.