Crude Oil (WTI)‎ (G4)‎ Intraday: the downside prevails.

Pivot:

72.75

Our preference:

Short positions below 72.75 with targets at 71.15 & 70.65 in extension.

Alternative scenario:

Above 72.75 look for further upside with 73.80 & 74.40 as targets.

Comment:

The RSI shows downside momentum.

Gold Intraday: expect 2051.00.

Pivot:

2076.00

Our preference:

Short positions below 2076.00 with targets at 2060.00 & 2051.00 in extension.

Alternative scenario:

Above 2076.00 look for further upside with 2082.00 & 2088.00 as targets.

Comment:

The RSI is bearish and calls for further decline.

EUR/USD Intraday: watch 1.1030.

Pivot:

1.1090

Our preference:

Short positions below 1.1090 with targets at 1.1050 & 1.1030 in extension.

Alternative scenario:

Above 1.1090 look for further upside with 1.1110 & 1.1130 as targets.

Comment:

The RSI advocates for further downside.

GBP/USD Intraday: under pressure.

Pivot:

1.2760

Our preference:

Short positions below 1.2760 with targets at 1.2710 & 1.2690 in extension.

Alternative scenario:

Above 1.2760 look for further upside with 1.2780 & 1.2800 as targets.

Comment:

The RSI is bearish and calls for further decline.

AUD/USD Intraday: expect 0.6790.

Pivot:

0.6850

Our preference:

Short positions below 0.6850 with targets at 0.6810 & 0.6790 in extension.

Alternative scenario:

Above 0.6850 look for further upside with 0.6870 & 0.6890 as targets.

Comment:

The RSI calls for a new downleg.

USD/JPY Intraday: bullish bias above 140.90.

Pivot:

140.90

Our preference:

Long positions above 140.90 with targets at 141.80 & 142.20 in extension.

Alternative scenario:

Below 140.90 look for further downside with 140.60 & 140.25 as targets.

Comment:

The RSI calls for a rebound.