Crude Oil (WTI)‎ (F4)‎ Intraday: the downside prevails.

Pivot:

73.00

Our preference:

Short positions below 73.00 with targets at 71.70 & 71.00 in extension.

Alternative scenario:

Above 73.00 look for further upside with 74.10 & 75.00 as targets.

Comment:

The RSI is bearish and calls for further decline.

Gold Intraday: key resistance at 2030.00.

Pivot:

2030.00

Our preference:

Short positions below 2030.00 with targets at 2010.00 & 2000.00 in extension.

Alternative scenario:

Above 2030.00 look for further upside with 2041.00 & 2052.00 as targets.

Comment:

As long as the resistance at 2030.00 is not surpassed, the risk of the break below 2010.00 remains high.

EUR/USD Intraday: capped by a negative trend line.

Pivot:

1.0825

Our preference:

Short positions below 1.0825 with targets at 1.0770 & 1.0745 in extension.

Alternative scenario:

Above 1.0825 look for further upside with 1.0845 & 1.0865 as targets.

Comment:

Technically the RSI is below its neutrality area at 50.

GBP/USD Intraday: watch 1.2570.

Pivot:

1.2625

Our preference:

Short positions below 1.2625 with targets at 1.2570 & 1.2545 in extension.

Alternative scenario:

Above 1.2625 look for further upside with 1.2645 & 1.2670 as targets.

Comment:

A break below 1.2570 would trigger a drop towards 1.2545.

AUD/USD Intraday: capped by a negative trend line.

Pivot:

0.6585

Our preference:

Short positions below 0.6585 with targets at 0.6530 & 0.6510 in extension.

Alternative scenario:

Above 0.6585 look for further upside with 0.6610 & 0.6640 as targets.

Comment:

A break below 0.6530 would trigger a drop towards 0.6510.

USD/JPY Intraday: bullish bias above 146.75.

Pivot:

146.75

Our preference:

Long positions above 146.75 with targets at 147.50 & 147.90 in extension.

Alternative scenario:

Below 146.75 look for further downside with 146.45 & 146.20 as targets.

Comment:

A support base at 146.75 has formed and has allowed for a temporary stabilisation.