EUR/USD Intraday: under pressure.
Pivot: 1.1715
Most likely scenario: short positions below 1.1715 with targets at 1.1670 & 1.1655 in extension.
Alternative scenario: above 1.1715 look for further upside with 1.1750 & 1.1765 as targets.
Comment: the RSI lacks upward momentum.
Gold spot Intraday: further advance.
Pivot: 1229.00
Most likely scenario: long positions above 1229.00 with targets at 1235.00 & 1240.00 in extension.
Alternative scenario: below 1229.00 look for further downside with 1225.50 & 1223.00 as targets.
Comment: the RSI is bullish and calls for further advance.
Crude Oil (WTI) (U18) Intraday: further advance.
Pivot: 68.30
Most likely scenario: long positions above 68.30 with targets at 69.30 & 69.80 in extension.
Alternative scenario: below 68.30 look for further downside with 67.55 & 67.20 as targets.
Comment: the RSI is mixed to bullish.
GBP/USD Intraday: the bias remains bullish.
Pivot: 1.3130
Most likely scenario: long positions above 1.3130 with targets at 1.3180 & 1.3210 in extension.
Alternative scenario: below 1.3130 look for further downside with 1.3110 & 1.3070 as targets.
Comment: the RSI shows upside momentum.
USD/JPY Intraday: under pressure.
Pivot: 111.35
Most likely scenario: short positions below 111.35 with targets at 110.80 & 110.55 in extension.
Alternative scenario: above 111.35 look for further upside with 111.50 & 111.90 as targets.
Comment: the RSI is mixed to bearish.
AUD/USD Intraday: consolidation.
Pivot: 0.7435
Most likely scenario: short positions below 0.7435 with targets at 0.7385 & 0.7360 in extension.
Alternative scenario: above 0.7435 look for further upside with 0.7450 & 0.7475 as targets.
Comment: the RSI lacks upward momentum.
Dax (Eurex) (U18) Intraday: bullish bias above 12574.00.
Pivot: 12574.00
Most likely scenario: long positions above 12574.00 with targets at 12738.00 & 12770.00 in extension.
Alternative scenario: below 12574.00 look for further downside with 12500.00 & 12454.00 as targets.
Comment: the RSI is mixed and calls for caution.
USD/CHF Intraday: under pressure.
Pivot: 0.9955
Most likely scenario: short positions below 0.9955 with targets at 0.9900 & 0.9880 in extension.
Alternative scenario: above 0.9955 look for further upside with 0.9975 & 1.0000 as targets.
Comment: the RSI shows downside momentum.
Bitcoin / Dollar intraday: below its lower Bollinger band
8413 is our pivot point.
Most likely scenario: the downside prevails as long as 8413 is resistance.
Alternative scenario: the upside breakout of 8413, would call for 8634 and 8765.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 8343 and 8273). Finally, the Bitcoin / Dollar has penetrated its lower Bollinger band (8213).
EUR/JPY Intraday: under pressure.
Pivot: 130.15
Most likely scenario: short positions below 130.15 with targets at 129.75 & 129.50 in extension.
Alternative scenario: above 130.15 look for further upside with 130.45 & 130.70 as targets.
Comment: the upward potential is likely to be limited by the resistance at 130.15.