Crude Oil (WTI)‎ (F4)‎ Intraday: look for 73.80.

Pivot:

71.15

Our preference:

Long positions above 71.15 with targets at 73.00 & 73.80 in extension.

Alternative scenario:

Below 71.15 look for further downside with 70.60 & 70.00 as targets.

Comment:

The RSI advocates for further upside.

Gold Intraday: turning down.

Pivot:

2029.00

Our preference:

Short positions below 2029.00 with targets at 2008.00 & 2000.00 in extension.

Alternative scenario:

Above 2029.00 look for further upside with 2038.00 & 2048.00 as targets.

Comment:

The RSI is bearish and calls for further decline.

EUR/USD Intraday: the downside prevails.

Pivot:

1.0950

Our preference:

Short positions below 1.0950 with targets at 1.0860 & 1.0830 in extension.

Alternative scenario:

Above 1.0950 look for further upside with 1.0980 & 1.1010 as targets.

Comment:

A break below 1.0860 would trigger a drop towards 1.0830.

GBP/USD Intraday: watch 1.2645.

Pivot:

1.2730

Our preference:

Short positions below 1.2730 with targets at 1.2645 & 1.2605 in extension.

Alternative scenario:

Above 1.2730 look for further upside with 1.2765 & 1.2795 as targets.

Comment:

A break below 1.2645 would trigger a drop towards 1.2605.

AUD/USD Intraday: range.

Pivot:

0.6730

Our preference:

Short positions below 0.6730 with targets at 0.6665 & 0.6635 in extension.

Alternative scenario:

Above 0.6730 look for further upside with 0.6770 & 0.6800 as targets.

Comment:

The upward potential is likely to be limited by the resistance at 0.6730.

USD/JPY Intraday: bullish bias above 141.40.

Pivot:

141.40

Our preference:

Long positions above 141.40 with targets at 142.80 & 143.55 in extension.

Alternative scenario:

Below 141.40 look for further downside with 140.90 & 140.50 as targets.

Comment:

Technically the RSI is above its neutrality area at 50.