Gold Intraday: bullish bias above 2005.00.
Pivot:
2005.00
Our preference:
Long positions above 2005.00 with targets at 2018.00 & 2025.00 in extension.
Alternative scenario:
Below 2005.00 look for further downside with 1997.00 & 1991.00 as targets.
Comment:
The RSI calls for a new upleg.
Crude Oil (WTI) (F4) Intraday: intraday support around 74.55.
Pivot:
74.55
Our preference:
Long positions above 74.55 with targets at 75.80 & 76.30 in extension.
Alternative scenario:
Below 74.55 look for further downside with 73.80 & 73.00 as targets.
Comment:
The RSI is mixed with a bullish bias.
EUR/USD Intraday: further advance.
Pivot:
1.0925
Our preference:
Long positions above 1.0925 with targets at 1.0970 & 1.0990 in extension.
Alternative scenario:
Below 1.0925 look for further downside with 1.0905 & 1.0885 as targets.
Comment:
The RSI is bullish and calls for further upside.
GBP/USD Intraday: the upside prevails.
Pivot:
1.2600
Our preference:
Long positions above 1.2600 with targets at 1.2655 & 1.2675 in extension.
Alternative scenario:
Below 1.2600 look for further downside with 1.2580 & 1.2560 as targets.
Comment:
The RSI calls for a new upleg.
AUD/USD Intraday: further upside.
Pivot:
0.6585
Our preference:
Long positions above 0.6585 with targets at 0.6630 & 0.6650 in extension.
Alternative scenario:
Below 0.6585 look for further downside with 0.6565 & 0.6550 as targets.
Comment:
The RSI is bullish and calls for further advance.
USD/JPY Intraday: under pressure.
Pivot:
148.90
Our preference:
Short positions below 148.90 with targets at 148.10 & 147.80 in extension.
Alternative scenario:
Above 148.90 look for further upside with 149.10 & 149.30 as targets.
Comment:
The RSI advocates for further decline.