Crude Oil (WTI)‎ (F4)‎ Intraday: expect 77.90.
Pivot:
75.90
Our preference:
Long positions above 75.90 with targets at 77.10 & 77.90 in extension.
Alternative scenario:
Below 75.90 look for further downside with 75.00 & 74.55 as targets.
Comment:
The RSI calls for a new upleg.
Gold Intraday: further upside.
Pivot:
2028.00
Our preference:
Long positions above 2028.00 with targets at 2055.00 & 2065.00 in extension.
Alternative scenario:
Below 2028.00 look for further downside with 2018.00 & 2008.00 as targets.
Comment:
The RSI shows upside momentum.
EUR/USD Intraday: further advance.
Pivot:
1.0965
Our preference:
Long positions above 1.0965 with targets at 1.1020 & 1.1040 in extension.
Alternative scenario:
Below 1.0965 look for further downside with 1.0945 & 1.0925 as targets.
Comment:
The RSI is bullish and calls for further upside.
GBP/USD Intraday: further upside.
Pivot:
1.2670
Our preference:
Long positions above 1.2670 with targets at 1.2740 & 1.2760 in extension.
Alternative scenario:
Below 1.2670 look for further downside with 1.2640 & 1.2610 as targets.
Comment:
The RSI calls for a new upleg.
AUD/USD Intraday: towards 0.6690.
Pivot:
0.6630
Our preference:
Long positions above 0.6630 with targets at 0.6675 & 0.6690 in extension.
Alternative scenario:
Below 0.6630 look for further downside with 0.6615 & 0.6595 as targets.
Comment:
The RSI advocates for further advance.
USD/JPY Intraday: under pressure.
Pivot:
147.70
Our preference:
Short positions below 147.70 with targets at 146.50 & 146.20 in extension.
Alternative scenario:
Above 147.70 look for further upside with 148.00 & 148.30 as targets.
Comment:
The RSI has broken down its 30 level.