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Pivot: 1.1645
Most Likely Scenario: short positions below 1.1645 with targets at 1.1600 & 1.1570 in extension.
Alternative scenario: above 1.1645 look for further upside with 1.1700 & 1.1735 as targets.
Comment: the RSI lacks upward momentum.
GBP/USD Intraday: the bias remains bullish.
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Pivot: 1.3110
Most Likely Scenario: long positions above 1.3110 with targets at 1.3175 & 1.3205 in extension.
Alternative scenario: below 1.3110 look for further downside with 1.3070 & 1.3040 as targets.
Comment: the RSI shows upside momentum.
USD/JPY Intraday: under pressure.
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Pivot: 114.00
Most Likely Scenario: short positions below 114.00 with targets at 113.30 & 113.00 in extension.
Alternative scenario: above 114.00 look for further upside with 114.30 & 114.65 as targets.
Comment: as long as 114.00 is resistance, look for choppy price action with a bearish bias.
AUD/USD Intraday: rebound.
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Pivot: 0.7650
Most Likely Scenario: long positions above 0.7650 with targets at 0.7720 & 0.7745 in extension.
Alternative scenario: below 0.7650 look for further downside with 0.7625 & 0.7605 as targets.
Comment: the RSI shows upside momentum.
Gold spot Intraday: the bias remains bullish.
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Pivot: 1265.00
Most Likely Scenario: long positions above 1265.00 with targets at 1274.00 & 1279.00 in extension.
Alternative scenario: below 1265.00 look for further downside with 1260.00 & 1256.00 as targets.
Comment: the RSI is supported by a rising trend line.
Crude Oil (WTI) (Z7) Intraday: the bias remains bullish.
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Pivot: 53.35
Most Likely Scenario: long positions above 53.35 with targets at 54.50 & 54.75 in extension.
Alternative scenario: below 53.35 look for further downside with 52.85 & 52.50 as targets.
Comment: technically the RSI is above its neutrality area at 50.