Crude Oil (WTI)‎ (Z3)‎ Intraday: intraday support around 83.70.

Pivot:

83.70

Our preference:

Long positions above 83.70 with targets at 85.30 & 85.90 in extension.

Alternative scenario:

Below 83.70 look for further downside with 83.10 & 82.55 as targets.

Comment:

A support base at 83.70 has formed and has allowed for a temporary stabilisation.

Gold Intraday: the upside prevails.

Pivot:

1991.00

Our preference:

Long positions above 1991.00 with targets at 2009.00 & 2018.00 in extension.

Alternative scenario:

Below 1991.00 look for further downside with 1983.00 & 1976.00 as targets.

Comment:

The RSI calls for a new upleg.

EUR/USD Intraday: watch 1.0525.

Pivot:

1.0580

Our preference:

Short positions below 1.0580 with targets at 1.0540 & 1.0525 in extension.

Alternative scenario:

Above 1.0580 look for further upside with 1.0595 & 1.0610 as targets.

Comment:

The RSI advocates for further downside.

GBP/USD Intraday: watch 1.2070.

Pivot:

1.2140

Our preference:

Short positions below 1.2140 with targets at 1.2090 & 1.2070 in extension.

Alternative scenario:

Above 1.2140 look for further upside with 1.2160 & 1.2180 as targets.

Comment:

The RSI is bearish and calls for further decline.

AUD/USD Intraday: the downside prevails.

Pivot:

0.6355

Our preference:

Short positions below 0.6355 with targets at 0.6320 & 0.6305 in extension.

Alternative scenario:

Above 0.6355 look for further upside with 0.6370 & 0.6385 as targets.

Comment:

The RSI calls for a new downleg.

USD/JPY Intraday: rebound.

Pivot:

149.45

Our preference:

Long positions above 149.45 with targets at 149.90 & 150.10 in extension.

Alternative scenario:

Below 149.45 look for further downside with 149.30 & 149.15 as targets.

Comment:

The RSI calls for a rebound.