[You must be registered and logged in to see this image.]
Pivot: 1.0430
Most Likely Scenario: long positions above 1.0430 with targets at 1.0480 & 1.0510 in extension.
Alternative scenario: below 1.0430 look for further downside with 1.0410 & 1.0395 as targets.
Comment: the RSI is bullish and calls for further upside.
GBP/USD Intraday: towards 1.2270.
[You must be registered and logged in to see this image.]
Pivot: 1.2370
Most Likely Scenario: short positions below 1.2370 with targets at 1.2295 & 1.2270 in extension.
Alternative scenario: above 1.2370 look for further upside with 1.2390 & 1.2430 as targets.
Comment: the RSI is bearish and calls for further downside. The pair validated a Symmetrical Triangle: a bearish continuation pattern calling for a decline towards 1.227.
USD/JPY Intraday: intraday support around 117.40.
[You must be registered and logged in to see this image.]
Pivot: 117.40
Most Likely Scenario: long positions above 117.40 with targets at 117.85 & 118.20 in extension.
Alternative scenario: below 117.40 look for further downside with 117.10 & 116.90 as targets.
Comment: the RSI lacks downward momentum.
AUD/USD Intraday: capped by a negative trend line.
[You must be registered and logged in to see this image.]
Pivot: 0.7250
Most Likely Scenario: short positions below 0.7250 with targets at 0.7195 & 0.7160 in extension.
Alternative scenario: above 0.7250 look for further upside with 0.7280 & 0.7310 as targets.
Comment: as long as the resistance at 0.7250 is not surpassed, the risk of the break below 0.7195 remains high.
Gold spot Intraday: further advance.
[You must be registered and logged in to see this image.]
Pivot: 1129.00
Most Likely Scenario: long positions above 1129.00 with targets at 1135.00 & 1137.00 in extension.
Alternative scenario: below 1129.00 look for further downside with 1126.50 & 1124.00 as targets.
Comment: the RSI broke above a declining trend line.
Crude Oil (WTI) (G7) Intraday: key resistance at 52.85.
[You must be registered and logged in to see this image.]
Pivot: 52.85
Most Likely Scenario: short positions below 52.85 with targets at 52.15 & 51.90 in extension.
Alternative scenario: above 52.85 look for further upside with 53.15 & 53.46 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.