Gold Intraday: the bias remains bullish.

Pivot:

1918.00

Our preference:

Long positions above 1918.00 with targets at 1934.00 & 1939.00 in extension.

Alternative scenario:

Below 1918.00 look for further downside with 1912.00 & 1904.00 as targets.

Comment:

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

Crude Oil (WTI)‎ (Q3)‎ Intraday: intraday support around 72.70.

Pivot:

72.70

Our preference:

Long positions above 72.70 with targets at 74.40 & 75.10 in extension.

Alternative scenario:

Below 72.70 look for further downside with 72.25 & 71.45 as targets.

Comment:

The RSI is above its neutrality area at 50%.

EUR/USD Intraday: 1.1000 in sight.

Pivot:

1.0930

Our preference:

Long positions above 1.0930 with targets at 1.0980 & 1.1000 in extension.

Alternative scenario:

Below 1.0930 look for further downside with 1.0915 & 1.0900 as targets.

Comment:

The RSI advocates for further upside.

GBP/USD Intraday: the upside prevails.

Pivot:

1.2800

Our preference:

Long positions above 1.2800 with targets at 1.2860 & 1.2880 in extension.

Alternative scenario:

Below 1.2800 look for further downside with 1.2780 & 1.2760 as targets.

Comment:

The RSI is bullish and calls for further advance.

USD/JPY Intraday: under pressure.

Pivot:

142.70

Our preference:

Short positions below 142.70 with targets at 141.80 & 141.50 in extension.

Alternative scenario:

Above 142.70 look for further upside with 143.00 & 143.40 as targets.

Comment:

The RSI is bearish and calls for further decline.

AUD/USD Intraday: bullish bias above 0.6660.

Pivot:

0.6660

Our preference:

Long positions above 0.6660 with targets at 0.6705 & 0.6720 in extension.

Alternative scenario:

Below 0.6660 look for further downside with 0.6640 & 0.6620 as targets.

Comment:

The RSI advocates for further upside.