EUR/USD Intraday: turning up.
[You must be registered and logged in to see this image.]Pivot: 1.0600
Most Likely Scenario: long positions above 1.0600 with targets at 1.0665 & 1.0685 in extension.
Alternative scenario: below 1.0600 look for further downside with 1.0575 & 1.0550 as targets.
Comment: the RSI calls for a new upleg.
GBP/USD Intraday: turning up.
[You must be registered and logged in to see this image.]Pivot: 1.2040
Most Likely Scenario: long positions above 1.2040 with targets at 1.2120 & 1.2140 in extension.
Alternative scenario: below 1.2040 look for further downside with 1.2015 & 1.1985 as targets.
Comment: the RSI calls for a new upleg.
USD/JPY Intraday: the downside prevails.
[You must be registered and logged in to see this image.]Pivot: 114.25
Most Likely Scenario: short positions below 114.25 with targets at 113.40 & 113.00 in extension.
Alternative scenario: above 114.25 look for further upside with 114.65 & 115.05 as targets.
Comment: the immediate trend remains down and the momentum is strong.
AUD/USD Intraday: turning up.
[You must be registered and logged in to see this image.]Pivot: 0.7485
Most Likely Scenario: long positions above 0.7485 with targets at 0.7535 & 0.7565 in extension.
Alternative scenario: below 0.7485 look for further downside with 0.7460 & 0.7445 as targets.
Comment: the RSI is bullish and calls for further advance.
Gold spot Intraday: the upside prevails.
[You must be registered and logged in to see this image.]Pivot: 1207.00
Most Likely Scenario: long positions above 1207.00 with targets at 1218.00 & 1222.00 in extension.
Alternative scenario: below 1207.00 look for further downside with 1201.00 & 1196.00 as targets.
Comment: the RSI advocates for further upside.
Crude Oil (WTI) (G7) Intraday: the downside prevails.
[You must be registered and logged in to see this image.]Pivot: 52.65
Most Likely Scenario: short positions below 52.65 with targets at 52.00 & 51.75 in extension.
Alternative scenario: above 52.65 look for further upside with 52.84 & 53.16 as targets.
Comment: technically the RSI is below its neutrality area at 50.