Crude Oil (WTI)‎ (G4)‎ Intraday: intraday support around 73.00.

Pivot:

73.00

Our preference:

Long positions above 73.00 with targets at 74.60 & 75.40 in extension.

Alternative scenario:

Below 73.00 look for further downside with 72.10 & 71.00 as targets.

Comment:

The next resistances are at 74.60 and then at 75.40.

Gold Intraday: bullish bias above 2033.00.

Pivot:

2033.00

Our preference:

Long positions above 2033.00 with targets at 2047.00 & 2053.00 in extension.

Alternative scenario:

Below 2033.00 look for further downside with 2027.00 & 2022.00 as targets.

Comment:

The RSI is mixed with a bullish bias.

EUR/USD Intraday: the upside prevails.

Pivot:

1.0945

Our preference:

Long positions above 1.0945 with targets at 1.0990 & 1.1010 in extension.

Alternative scenario:

Below 1.0945 look for further downside with 1.0925 & 1.0905 as targets.

Comment:

Technically the RSI is above its neutrality area at 50.

GBP/USD Intraday: bullish bias above 1.2700.

Pivot:

1.2700

Our preference:

Long positions above 1.2700 with targets at 1.2760 & 1.2790 in extension.

Alternative scenario:

Below 1.2700 look for further downside with 1.2670 & 1.2645 as targets.

Comment:

Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

USD/JPY Intraday: bullish bias above 143.40.

Pivot:

143.40

Our preference:

Long positions above 143.40 with targets at 144.35 & 144.90 in extension.

Alternative scenario:

Below 143.40 look for further downside with 142.90 & 142.40 as targets.

Comment:

A support base at 143.40 has formed and has allowed for a temporary stabilisation.

AUD/USD Intraday: the bias remains bullish.

Pivot:

0.6735

Our preference:

Long positions above 0.6735 with targets at 0.6775 & 0.6800 in extension.

Alternative scenario:

Below 0.6735 look for further downside with 0.6710 & 0.6690 as targets.

Comment:

Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.