Crude Oil (WTI)‎ (F4)‎ Intraday: key resistance at 76.75.

Pivot:

76.75

Our preference:

Short positions below 76.75 with targets at 75.30 & 74.85 in extension.

Alternative scenario:

Above 76.75 look for further upside with 77.50 & 78.45 as targets.

Comment:

The RSI has just struck against its neutrality area at 50%.

Gold Intraday: consolidation in place.

Pivot:

1998.00

Our preference:

Short positions below 1998.00 with targets at 1988.00 & 1983.00 in extension.

Alternative scenario:

Above 1998.00 look for further upside with 2003.00 & 2007.00 as targets.

Comment:

As long as 1998.00 is resistance, look for choppy price action with a bearish bias.

EUR/USD Intraday: the bias remains bullish.

Pivot:

1.0885

Our preference:

Long positions above 1.0885 with targets at 1.0920 & 1.0935 in extension.

Alternative scenario:

Below 1.0885 look for further downside with 1.0870 & 1.0850 as targets.

Comment:

A support base at 1.0885 has formed and has allowed for a temporary stabilisation.

GBP/USD Intraday: bullish bias above 1.2515.

Pivot:

1.2515

Our preference:

Long positions above 1.2515 with targets at 1.2545 & 1.2560 in extension.

Alternative scenario:

Below 1.2515 look for further downside with 1.2500 & 1.2485 as targets.

Comment:

Technically the RSI is above its neutrality area at 50.

AUD/USD Intraday: the bias remains bullish.

Pivot:

0.6535

Our preference:

Long positions above 0.6535 with targets at 0.6585 & 0.6600 in extension.

Alternative scenario:

Below 0.6535 look for further downside with 0.6520 & 0.6505 as targets.

Comment:

The RSI is mixed with a bullish bias.

USD/JPY Intraday: 150.00 in sight.

Pivot:

149.20

Our preference:

Long positions above 149.20 with targets at 149.75 & 150.00 in extension.

Alternative scenario:

Below 149.20 look for further downside with 148.90 & 148.60 as targets.

Comment:

The RSI calls for a bounce.