Gold Intraday: choppy.

Pivot:
1932.00

Our preference:
Short positions below 1932.00 with targets at 1916.00 & 1910.00 in extension.

Alternative scenario:
Above 1932.00 look for further upside with 1937.00 & 1942.00 as targets.

Comment:
The RSI calls for a drop.

Crude Oil (WTI)‎ (Q3)‎ Intraday: bullish bias above 68.70.

Pivot:
68.70

Our preference:
Long positions above 68.70 with targets at 70.10 & 70.90 in extension.

Alternative scenario:
Below 68.70 look for further downside with 68.10 & 67.35 as targets.

Comment:
Intraday technical indicators lack momentum.

EUR/USD Intraday: key resistance at 1.0920.

Pivot:
1.0920

Our preference:
Short positions below 1.0920 with targets at 1.0890 & 1.0875 in extension.

Alternative scenario:
Above 1.0920 look for further upside with 1.0935 & 1.0950 as targets.

Comment:
As long as 1.0920 is resistance, look for choppy price action with a bearish bias.

USD/JPY Intraday: the bias remains bullish.

Pivot:
143.05

Our preference:
Long positions above 143.05 with targets at 143.70 & 143.90 in extension.

Alternative scenario:
Below 143.05 look for further downside with 142.80 & 142.60 as targets.

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

GBP/USD Intraday: expect 1.2670.

Pivot:
1.2735

Our preference:
Short positions below 1.2735 with targets at 1.2685 & 1.2670 in extension.

Alternative scenario:
Above 1.2735 look for further upside with 1.2750 & 1.2765 as targets.

Comment:
As long as the resistance at 1.2735 is not surpassed, the risk of the break below 1.2685 remains high.

AUD/USD Intraday: key resistance at 0.6695.

Pivot:
0.6695

Our preference:
Short positions below 0.6695 with targets at 0.6660 & 0.6645 in extension.

Alternative scenario:
Above 0.6695 look for further upside with 0.6710 & 0.6725 as targets.

Comment:
As long as 0.6695 is resistance, look for choppy price action with a bearish bias.