Forex Serbia D. T. A.

S&P-ASX 200: under pressure.
Pivot: 5430.00
Our preference: short positions below 5430.00 with targets @ 5188.00 & 5050.00 in extension.
Alternative scenario: above 5430.00 look for further upside with 5610.00 & 5700.00 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
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Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

AUD/USD ST: the bias remains bullish.
Pivot: 0.7325
Our preference: long positions above 0.7325 with targets @ 0.7840 & 0.8080 in extension.
Alternative scenario: below 0.7325 look for further downside with 0.7150 & 0.6920 as targets.
Comment: the RSI lacks downward momentum.
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Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

EUR/USD Intraday: the bias remains bullish.
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Pivot: 1.1200
Most Likely Scenario: long positions above 1.1200 with targets @ 1.1250 & 1.1275 in extension.
Alternative scenario: below 1.1200 look for further downside with 1.1180 & 1.1155 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

GBP/USD Intraday: key resistance at 1.3010.
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Pivot: 1.3010
Most Likely Scenario: short positions below 1.3010 with targets @ 1.2940 & 1.2910 in extension.
Alternative scenario: above 1.3010 look for further upside with 1.3045 & 1.3065 as targets.
Comment: the RSI lacks upward momentum.

USD/JPY Intraday: key resistance at 101.25.
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Pivot: 101.25
Most Likely Scenario: short positions below 101.25 with targets @ 100.50 & 100.05 in extension.
Alternative scenario: above 101.25 look for further upside with 101.60 & 102.05 as targets.
Comment: as long as the resistance at 101.25 is not surpassed, the risk of the break below 100.50 remains high.

AUD/USD Intraday: under pressure.
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Pivot: 0.7650
Most Likely Scenario: short positions below 0.7650 with targets @ 0.7590 & 0.7560 in extension.
Alternative scenario: above 0.7650 look for further upside with 0.7675 & 0.7710 as targets.
Comment: the RSI shows downside momentum.

Gold spot Intraday: key resistance at 1340.73.
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Pivot: 1340.73
Most Likely Scenario: short positions below 1340.73 with targets @ 1330.00 & 1325.00 in extension.
Alternative scenario: above 1340.73 look for further upside with 1343.70 & 1348.00 as targets.
Comment: the RSI calls for a new downleg.

Crude Oil (WTI) (X6) Intraday: key resistance at 45.42.
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Pivot: 45.42
Most Likely Scenario: short positions below 45.42 with targets @ 44.22 & 43.74 in extension.
Alternative scenario: above 45.42 look for further upside with 45.99 & 46.56 as targets.
Comment: the RSI lacks upward momentum.

EUR/USD Intraday: bullish bias above 1.1180.

Spoiler:

Pivot: 1.1180
Most Likely Scenario: long positions above 1.1180 with targets @ 1.1215 & 1.1250 in extension.
Alternative scenario: below 1.1180 look for further downside with 1.1150 & 1.1135 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

GBP/USD Intraday: under pressure.

Spoiler:

Pivot: 1.3090
Most Likely Scenario: short positions below 1.3090 with targets @ 1.3010 & 1.2980 in extension.
Alternative scenario: above 1.3090 look for further upside with 1.3120 & 1.3155 as targets.
Comment: the RSI shows downside momentum.


USD/JPY Intraday: caution.

Spoiler:

Pivot: 101.25
Most Likely Scenario: short positions below 101.25 with targets @ 100.50 & 100.05 in extension.
Alternative scenario: above 101.25 look for further upside with 101.60 & 102.05 as targets.
Comment: intraday technical indicators are mixed and call for caution.

AUD/USD Intraday: intraday support around 0.7605.

Spoiler:

Pivot: 0.7605
Most Likely Scenario: long positions above 0.7605 with targets @ 0.7675 & 0.7710 in extension.
Alternative scenario: below 0.7605 look for further downside with 0.7560 & 0.7530 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.


Gold spot Intraday: the bias remains bullish.

Spoiler:

Pivot: 1330.00
Most Likely Scenario: long positions above 1330.00 with targets @ 1343.00 & 1348.00 in extension.
Alternative scenario: below 1330.00 look for further downside with 1325.00 & 1319.90 as targets.
Comment: a support base at 1330.00 has formed and has allowed for a temporary stabilisation.


Crude Oil (WTI) (X6) Intraday: bullish bias above 45.50.

Spoiler:

Pivot: 45.50
Most Likely Scenario: long positions above 45.50 with targets @ 46.53 & 47.00 in extension.
Alternative scenario: below 45.50 look for further downside with 45.10 & 44.70 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

EUR/USD Intraday: further advance.
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Pivot: 1.1150
Most Likely Scenario: long positions above 1.1150 with targets @ 1.1215 & 1.1235 in extension.
Alternative scenario: below 1.1150 look for further downside with 1.1135 & 1.1120 as targets.
Comment: the RSI advocates for further advance.

GBP/USD Intraday: the bias remains bullish.
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Pivot: 1.2990
Most Likely Scenario: long positions above 1.2990 with targets @ 1.3065 & 1.3100 in extension.
Alternative scenario: below 1.2990 look for further downside with 1.2945 & 1.2900 as targets.
Comment: the RSI shows upside momentum.


USD/JPY Intraday: under pressure.
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Pivot: 101.25
Most Likely Scenario: short positions below 101.25 with targets @ 100.05 & 99.60 in extension.
Alternative scenario: above 101.25 look for further upside with 101.60 & 102.05 as targets.
Comment: the RSI shows downside momentum.


AUD/USD Intraday: the bias remains bullish.
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Pivot: 0.7560
Most Likely Scenario: long positions above 0.7560 with targets @ 0.7655 & 0.7680 in extension.
Alternative scenario: below 0.7560 look for further downside with 0.7530 & 0.7495 as targets.
Comment: the RSI is bullish and calls for further advance.


Gold spot Intraday: further advance.
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Pivot: 1325.50
Most Likely Scenario: long positions above 1325.50 with targets @ 1339.75 & 1343.00 in extension.
Alternative scenario: below 1325.50 look for further downside with 1319.00 & 1311.80 as targets.
Comment: the RSI lacks downward momentum.


Crude Oil (WTI) (X6) Intraday: further upside.
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Pivot: 44.73
Most Likely Scenario: long positions above 44.73 with targets @ 46.37 & 47.00 in extension.
Alternative scenario: below 44.73 look for further downside with 44.25 & 43.75 as targets.
Comment: the RSI calls for a rebound.

EUR/USD Intraday: under pressure.
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Pivot: 1.1170
Most Likely Scenario: short positions below 1.1170 with targets @ 1.1120 & 1.1100 in extension.
Alternative scenario: above 1.1170 look for further upside with 1.1190 & 1.1215 as targets
Comment: the RSI is mixed with a bearish bias.

GBP/USD Intraday: the downside prevails.
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Pivot: 1.3020
Most Likely Scenario: short positions below 1.3020 with targets @ 1.2945 & 1.2890 in extension.
Alternative scenario: above 1.3020 look for further upside with 1.3065 & 1.3090 as targets.
Comment: the RSI lacks upward momentum.

USD/JPY Intraday: under pressure.
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Pivot: 102.45
Most Likely Scenario: short positions below 102.45 with targets @ 101.50 & 101.15 in extension.
Alternative scenario: above 102.45 look for further upside with 102.80 & 103.05 as targets.
Comment: the RSI shows downside momentum.

AUD/USD Intraday: further upside.
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Pivot: 0.7560
Most Likely Scenario: long @ 0.7590 with targets @ 0.7610 & 0.7630 in extension.
Alternative scenario: below 0.7560 look for further downside with 0.7530 & 0.7495 as targets.
Comment: the RSI shows upside momentum.


Gold spot Intraday: bounce.
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Pivot: 1311.80
Most Likely Scenario: long positions above 1311.80 with targets @ 1326.00 & 1328.50 in extension.
Alternative scenario: below 1311.80 look for further downside with 1309.00 & 1305.75 as targets.
Comment: the RSI is bullish and calls for further upside.

Crude Oil (WTI) (X6) Intraday: further advance.
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Pivot: 44.00
Most Likely Scenario: long positions above 44.00 with targets @ 45.55 & 45.87 in extension.
Alternative scenario: below 44.00 look for further downside with 43.44 & 43.06 as targets.
Comment: the RSI lacks downward momentum.

EUR/USD Intraday: turning down.
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Pivot: 1.1170
Most Likely Scenario: short positions below 1.1170 with targets @ 1.1100 & 1.1070 in extension.
Alternative scenario: above 1.1170 look for further upside with 1.1190 & 1.1215 as targets.
Comment: the RSI shows downside momentum.

GBP/USD Intraday: the downside prevails.
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Pivot: 1.3020
Most Likely Scenario: short positions below 1.3020 with targets @ 1.2945 & 1.2890 in extension.
Alternative scenario: above 1.3020 look for further upside with 1.3065 & 1.3090 as targets.
Comment: the RSI is mixed to bearish.

USD/JPY Intraday: rebound.
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Pivot: 102.00
Most Likely Scenario: long positions above 102.00 with targets @ 103.05 & 103.40 in extension.
Alternative scenario: below 102.00 look for further downside with 101.50 & 101.15 as targets.
Comment: the RSI shows upside momentum.

AUD/USD Intraday: the upside prevails.
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Pivot: 0.7520
Most Likely Scenario: long positions above 0.7520 with targets @ 0.7565 & 0.7600 in extension.
Alternative scenario: below 0.7520 look for further downside with 0.7495 & 0.7470 as targets.
Comment: the RSI lacks downward momentum.

Gold spot Intraday: under pressure.
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Pivot: 1320.00
Most Likely Scenario: short positions below 1320.00 with targets @ 1305.80 & 1302.20 in extension.
Alternative scenario: above 1320.00 look for further upside with 1324.50 & 1328.50 as targets.
Comment: the RSI calls for a drop.

Crude Oil (WTI) (X6) Intraday: rebound.
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Pivot: 44.00
Most Likely Scenario: long positions above 44.00 with targets @ 45.55 & 45.87 in extension.
Alternative scenario: below 44.00 look for further downside with 43.44 & 43.06 as targets.
Comment: the RSI shows upside momentum.

EUR/USD Intraday: the bias remains bullish.
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Pivot: 1.1145
Most Likely Scenario: long positions above 1.1145 with targets @ 1.1230 & 1.1265 in extension.
Alternative scenario: below 1.1145 look for further downside with 1.1125 & 1.1100 as targets.
Comment: the RSI shows upside momentum.

GBP/USD Intraday: intraday support around 1.2995.
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Pivot: 1.2995
Most Likely Scenario: long positions above 1.2995 with targets @ 1.3090 & 1.3140 in extension.
Alternative scenario: below 1.2995 look for further downside with 1.2945 & 1.2890 as targets.
Comment: the RSI is mixed to bullish.

USD/JPY Intraday: key resistance at 102.15.
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Pivot: 102.15
Most Likely Scenario: short positions below 102.15 with targets @ 101.45 & 101.15 in extension.
Alternative scenario: above 102.15 look for further upside with 102.45 & 102.75 as targets.
Comment: The pair has validated a bearish flag and is posting a pull back.

AUD/USD Intraday: the upside prevails.
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Pivot: 0.7520
Most Likely Scenario: long positions above 0.7520 with targets @ 0.7565 & 0.7600 in extension.
Alternative scenario: below 0.7520 look for further downside with 0.7495 & 0.7470 as targets.
Comment: the RSI is mixed to bullish.

Gold spot Intraday: further upside.
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Pivot: 1311.80
Most Likely Scenario: long @ 1316.67 with targets @ 1321.50 & 1326.00 in extension.
Alternative scenario: below 1311.80 look for further downside with 1309.00 & 1305.75 as targets.
Comment: the RSI broke above a bearish trend line.

Crude Oil (WTI) (V6) Intraday: under pressure.
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Pivot: 44.10
Most Likely Scenario: short positions below 44.10 with targets @ 42.10 & 41.55 in extension.
Alternative scenario: above 44.10 look for further upside with 44.76 & 45.50 as targets.
Comment: technically the RSI is below its neutrality area at 50.

EUR/USD Intraday: bullish bias above 1.1145.
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Pivot: 1.1145
Most Likely Scenario: long positions above 1.1145 with targets @ 1.1200 & 1.1230 in extension.
Alternative scenario: below 1.1145 look for further downside with 1.1125 & 1.1100 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.


GBP/USD Intraday: intraday support around 1.2995.
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Pivot: 1.2995
Most Likely Scenario: long positions above 1.2995 with targets @ 1.3090 & 1.3140 in extension.
Alternative scenario: below 1.2995 look for further downside with 1.2945 & 1.2890 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

USD/JPY Intraday: key resistance at 102.15.
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Pivot: 102.15
Most Likely Scenario: short positions below 102.15 with targets @ 101.45 & 101.15 in extension.
Alternative scenario: above 102.15 look for further upside with 102.45 & 102.75 as targets.
Comment: as long as the resistance at 102.15 is not surpassed, the risk of the break below 101.45 remains high.

AUD/USD Intraday: rebound.
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Pivot: 0.7520
Most Likely Scenario: long positions above 0.7520 with targets @ 0.7565 & 0.7600 in extension.
Alternative scenario: below 0.7520 look for further downside with 0.7495 & 0.7470 as targets.
Comment: the RSI shows upside momentum.

Gold spot Intraday: further upside.
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Pivot: 1309.00
Most Likely Scenario: long positions above 1309.00 with targets @ 1321.50 & 1326.00 in extension.
Alternative scenario: below 1309.00 look for further downside with 1305.75 & 1302.00 as targets.
Comment: the RSI broke above a bearish trend line.


Crude Oil (WTI) (V6) Intraday: key resistance at 44.10.
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Pivot: 44.10
Most Likely Scenario: short positions below 44.10 with targets @ 42.70 & 42.00 in extension.
Alternative scenario: above 44.10 look for further upside with 44.76 & 45.50 as targets.
Comment: the RSI calls for a drop.

S&P-ASX 200: under pressure.
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Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

Pivot: 5430.00
Our preference: short positions below 5430.00 with targets @ 5050.00 & 4900.00 in extension.
Alternative scenario: above 5430.00 look for further upside with 5610.00 & 5700.00 as targets.
Comment: as long as 5430.00 is resistance, likely decline to 5050.00.

In order to leverage this directional view we have selected the following product:

AUD/USD ST: bullish bias above 0.7325.
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Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

Pivot: 0.7325
Our preference: long positions above 0.7325 with targets @ 0.7840 & 0.8080 in extension.
Alternative scenario: below 0.7325 look for further downside with 0.7150 & 0.6920 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

In order to leverage this directional view we have selected the following product:

EUR/USD Intraday: key resistance at 1.1205.
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Pivot: 1.1205
Most Likely Scenario: short positions below 1.1205 with targets @ 1.1145 & 1.1125 in extension.
Alternative scenario: above 1.1205 look for further upside with 1.1230 & 1.1255 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

GBP/USD Intraday: under pressure.
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Pivot: 1.3120
Most Likely Scenario: short positions below 1.3120 with targets @ 1.2995 & 1.2945 in extension.
Alternative scenario: above 1.3120 look for further upside with 1.3150 & 1.3190 as targets.
Comment: the RSI lacks upward momentum.

USD/JPY Intraday: under pressure.
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Pivot: 102.45
Most Likely Scenario: short positions below 102.45 with targets @ 101.70 & 101.45 in extension.
Alternative scenario: above 102.45 look for further upside with 102.75 & 103.00 as targets.
Comment: the RSI shows downside momentum.

AUD/USD Intraday: the upside prevails.
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Pivot: 0.7495
Most Likely Scenario: long positions above 0.7495 with targets @ 0.7565 & 0.7600 in extension.
Alternative scenario: below 0.7495 look for further downside with 0.7470 & 0.7445 as targets.
Comment: the RSI shows upside momentum.

Gold spot Intraday: further advance.
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Pivot: 1309.00
Most Likely Scenario: long positions above 1309.00 with targets @ 1321.50 & 1326.00 in extension.
Alternative scenario: below 1309.00 look for further downside with 1305.75 & 1302.00 as targets.
Comment: the RSI calls for a bounce.

Crude Oil (WTI) (V6) Intraday: rebound expected.
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Pivot: 43.10
Most Likely Scenario: long positions above 43.10 with targets @ 44.35 & 44.76 in extension.
Alternative scenario: below 43.10 look for further downside with 42.70 & 42.00 as targets.
Comment: the RSI is bullish and calls for further upside.

EUR/USD Intraday: intraday support around 1.1220.
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Pivot: 1.1220
Most Likely Scenario: long positions above 1.1220 with targets @ 1.1275 & 1.1300 in extension.
Alternative scenario: below 1.1220 look for further downside with 1.1200 & 1.1170 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.


GBP/USD Intraday: key resistance at 1.3250.
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Pivot: 1.3250
Most Likely Scenario: short positions below 1.3250 with targets @ 1.3200 & 1.3180 in extension.
Alternative scenario: above 1.3250 look for further upside with 1.3280 & 1.3310 as targets.
Comment: the RSI lacks upward momentum.


USD/JPY Intraday: under pressure.
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Pivot: 102.45
Most Likely Scenario: short positions below 102.45 with targets @ 101.70 & 101.45 in extension.
Alternative scenario: above 102.45 look for further upside with 102.75 & 103.00 as targets.
Comment: the RSI is mixed to bearish.

AUD/USD Intraday: the bias remains bullish.
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Pivot: 0.7485
Most Likely Scenario: long positions above 0.7485 with targets @ 0.7540 & 0.7570 in extension.
Alternative scenario: below 0.7485 look for further downside with 0.7440 & 0.7400 as targets.
Comment: technically the RSI is above its neutrality area at 50.

Gold spot Intraday: under pressure.
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Pivot: 1326.00
Most Likely Scenario: short positions below 1326.00 with targets @ 1309.00 & 1304.00 in extension.
Alternative scenario: above 1326.00 look for further upside with 1331.00 & 1335.00 as targets.
Comment: as long as the resistance at 1326.00 is not surpassed, the risk of the break below 1309.00 remains high.

Crude Oil (WTI) (V6) Intraday: under pressure.
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Pivot: 44.70
Most Likely Scenario: short positions below 44.70 with targets @ 43.00 & 42.50 in extension.
Alternative scenario: above 44.70 look for further upside with 45.75 & 46.50 as targets.

EUR/USD Intraday: bullish bias above 1.1200.
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Pivot: 1.1200
Most Likely Scenario: long positions above 1.1200 with targets @ 1.1275 & 1.1300 in extension.
Alternative scenario: below 1.1200 look for further downside with 1.1170 & 1.1140 as targets.
Comment: the RSI lacks downward momentum.

GBP/USD Intraday: the bias remains bullish.
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Pivot: 1.3205
Most Likely Scenario: long positions above 1.3205 with targets @ 1.3285 & 1.3310 in extension.
Alternative scenario: below 1.3205 look for further downside with 1.3165 & 1.3135 as targets.
Comment: the RSI shows upside momentum.

USD/JPY Intraday: under pressure.
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Pivot: 102.85
Most Likely Scenario: short positions below 102.85 with targets @ 102.00 & 101.70 in extension.
Alternative scenario: above 102.85 look for further upside with 103.35 & 103.75 as targets.
Comment: a break below 102.00 would trigger a drop towards 101.70.

AUD/USD Intraday: under pressure.
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Pivot: 0.7505
Most Likely Scenario: short positions below 0.7505 with targets @ 0.7435 & 0.7400 in extension.
Alternative scenario: above 0.7505 look for further upside with 0.7540 & 0.7570 as targets.
Comment: as long as the resistance at 0.7505 is not surpassed, the risk of the break below 0.7435 remains high.

Gold spot Intraday: under pressure.
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Pivot: 1331.25
Most Likely Scenario: short positions below 1331.25 with targets @ 1315.00 & 1309.00 in extension.
Alternative scenario: above 1331.25 look for further upside with 1335.00 & 1339.50 as targets.
Comment: the RSI shows downside momentum.

Crude Oil (WTI) (V6) Intraday: under pressure.
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Pivot: 44.70
Most Likely Scenario: short positions below 44.70 with targets @ 43.00 & 42.50 in extension.
Alternative scenario: above 44.70 look for further upside with 45.75 & 46.50 as targets.
Comment: the RSI lacks upward momentum.

EUR/USD Intraday: key resistance at 1.1260.
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Pivot: 1.1260
Most Likely Scenario: short positions below 1.1260 with targets @ 1.1195 & 1.1170 in extension.
Alternative scenario: above 1.1260 look for further upside with 1.1285 & 1.1325 as targets.
Comment: as long as the resistance at 1.1260 is not surpassed, the risk of the break below 1.1195 remains high.

GBP/USD Intraday: key resistance at 1.3250.
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Pivot: 1.3250
Most Likely Scenario: short positions below 1.3250 with targets @ 1.3160 & 1.3115 in extension.
Alternative scenario: above 1.3250 look for further upside with 1.3285 & 1.3340 as targets.
Comment: the RSI is mixed to bearish.


USD/JPY Intraday: the upside prevails.
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Pivot: 102.40
Most Likely Scenario: long positions above 102.40 with targets @ 103.45 & 103.75 in extension.
Alternative scenario: below 102.40 look for further downside with 102.00 & 101.45 as targets.
Comment: the RSI lacks downward momentum.

AUD/USD Intraday: the downside prevails.
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Pivot: 0.7540
Most Likely Scenario: short positions below 0.7540 with targets @ 0.7435 & 0.7400 in extension.
Alternative scenario: above 0.7540 look for further upside with 0.7570 & 0.7605 as targets.
Comment: the RSI shows downside momentum.

Gold spot Intraday: key resistance at 1331.25.
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Pivot: 1331.25
Most Likely Scenario: short positions below 1331.25 with targets @ 1315.00 & 1309.00 in extension.
Alternative scenario: above 1331.25 look for further upside with 1335.00 & 1339.50 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1331.25.

Crude Oil (WTI) (V6) Intraday: key resistance at 45.75.
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Pivot: 45.75
Most Likely Scenario: short positions below 45.75 with targets @ 44.75 & 43.85 in extension.
Alternative scenario: above 45.75 look for further upside with 46.50 & 47.05 as targets.
Comment: as long as 45.75 is resistance, expect a return to 44.75.

EUR/USD Intraday: under pressure.
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Pivot: 1.1285
Most Likely Scenario: short positions below 1.1285 with targets @ 1.1195 & 1.1170 in extension.
Alternative scenario: above 1.1285 look for further upside with 1.1325 & 1.1365 as targets.
Comment: as long as 1.1285 is resistance, look for choppy price action with a bearish bias.

GBP/USD Intraday: further advance.
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Pivot: 1.3270
Most Likely Scenario: long positions above 1.3270 with targets @ 1.3370 & 1.3400 in extension.
Alternative scenario: below 1.3270 look for further downside with 1.3230 & 1.3160 as targets.
Comment: the RSI shows upside momentum.

USD/JPY Intraday: under pressure.
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Pivot: 102.35
Most Likely Scenario: short positions below 102.35 with targets @ 101.45 & 101.15 in extension.
Alternative scenario: above 102.35 look for further upside with 102.65 & 103.05 as targets.
Comment: the RSI lacks upward momentum.

AUD/USD Intraday: bullish bias above 0.7485.
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Pivot: 0.7485
Most Likely Scenario: long positions above 0.7485 with targets @ 0.7580 & 0.7620 in extension.
Alternative scenario: below 0.7485 look for further downside with 0.7450 & 0.7400 as targets.
Comment: the RSI lacks downward momentum.

Gold spot Intraday: rebound expected.
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Pivot: 1320.00
Most Likely Scenario: long positions above 1320.00 with targets @ 1339.00 & 1349.00 in extension.
Alternative scenario: below 1320.00 look for further downside with 1316.00 & 1309.00 as targets.
Comment: the RSI lacks downward momentum.

Crude Oil (WTI) (X6) Intraday: rebound.
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Pivot: 45.32
Most Likely Scenario: long positions above 45.32 with targets @ 46.50 & 47.05 in extension.
Alternative scenario: below 45.32 look for further downside with 44.53 & 43.85 as targets.
Comment: the RSI is mixed to bullish.

Macquarie Group: the downside prevails.
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Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

Pivot: 83.50
Our preference: short positions below 83.50 with targets @ 70.60 & 65.50 in extension.
Alternative scenario: above 83.50 look for further upside with 86.80 & 90.00 as targets.
Comment: The stock accelerated on the downside after the downward breakout of the bullish trend line since July 2016. The 20-day moving average is turning down and should push the price lower. The RSI is bearish below a rising trend line and is heading downward without showing any reversal signal.

In order to leverage this directional view we have selected the following product:

S&P-ASX 200: under pressure.
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Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

Pivot: 5515.00
Our preference: short positions below 5515.00 with targets @ 5285.00 & 5200.00 in extension.
Alternative scenario: above 5515.00 look for further upside with 5610.00 & 5700.00 as targets.
Comment: as long as 5515.00 is resistance, likely decline to 5285.00.

In order to leverage this directional view we have selected the following product:

AUD/USD ST: bullish bias above 0.7325.
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Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

Pivot: 0.7325
Our preference: long positions above 0.7325 with targets @ 0.7840 & 0.8080 in extension.
Alternative scenario: below 0.7325 look for further downside with 0.7150 & 0.6920 as targets.
Comment: the RSI is mixed to bullish.

In order to leverage this directional view we have selected the following product:

EUR/USD Intraday: under pressure.
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Pivot: 1.1285
Most Likely Scenario: short positions below 1.1285 with targets @ 1.1195 & 1.1170 in extension.
Alternative scenario: above 1.1285 look for further upside with 1.1325 & 1.1365 as targets.
Comment: the RSI shows downside momentum.

GBP/USD Intraday: capped by a negative trend line.
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Pivot: 1.3305
Most Likely Scenario: short positions below 1.3305 with targets @ 1.3245 & 1.3215 in extension.
Alternative scenario: above 1.3305 look for further upside with 1.3330 & 1.3370 as targets.
Comment: The pair keeps trading within a bearish channel.

USD/JPY Intraday: intraday support around 101.95.
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Pivot: 101.95
Most Likely Scenario: long positions above 101.95 with targets @ 102.65 & 103.05 in extension.
Alternative scenario: below 101.95 look for further downside with 101.45 & 101.15 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

AUD/USD Intraday: capped by a negative trend line.
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Pivot: 0.7580
Most Likely Scenario: short positions below 0.7580 with targets @ 0.7495 & 0.7450 in extension.
Alternative scenario: above 0.7580 look for further upside with 0.7620 & 0.7655 as targets.
Comment: The pair remains within a bearish channel.

Gold spot Intraday: under pressure.
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Pivot: 1335.00
Most Likely Scenario: short positions below 1335.00 with targets @ 1321.50 & 1316.00 in extension.
Alternative scenario: above 1335.00 look for further upside with 1339.00 & 1345.50 as targets.
Comment: The 50-period moving average is playing a resistance role in the decline.

Crude Oil (WTI) (X6) Intraday: the downside prevails.
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Pivot: 46.05
Most Likely Scenario: short positions below 46.05 with targets @ 44.53 & 43.85 in extension.
Alternative scenario: above 46.05 look for further upside with 46.50 & 47.05 as targets.
Comment: technically the RSI is below its neutrality area at 50.

EUR/USD Intraday: intraday support around 1.1225.
[You must be registered and logged in to see this image.]Pivot: 1.1225
Most Likely Scenario: long positions above 1.1225 with targets @ 1.1330 & 1.1365 in extension.
Alternative scenario: below 1.1225 look for further downside with 1.1205 & 1.1180 as targets.
Comment: the RSI is mixed to bullish.

GBP/USD Intraday: capped by a negative trend line.
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Pivot: 1.3360
Most Likely Scenario: short @ 1.3325 with targets @ 1.3280 & 1.3250 in extension.
Alternative scenario: above 1.3360 look for further upside with 1.3395 & 1.3445 as targets.
Comment: the RSI lacks upward momentum.

USD/JPY Intraday: the upside prevails.
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Pivot: 101.45
Most Likely Scenario: long positions above 101.45 with targets @ 102.80 & 103.20 in extension.
Alternative scenario: below 101.45 look for further downside with 101.15 & 100.80 as targets.
Comment: the RSI is mixed to bullish.


AUD/USD Intraday: break of a ST rising trendline support.
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Pivot: 0.7685
Most Likely Scenario: short positions below 0.7685 with targets @ 0.7605 & 0.7570 in extension.
Alternative scenario: above 0.7685 look for further upside with 0.7730 & 0.7755 as targets.
Comment: the RSI shows downside momentum.


Gold spot Intraday: break of a ST rising trendline support.
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Pivot: 1345.50
Most Likely Scenario: short positions below 1345.50 with targets @ 1328.50 & 1321.50 in extension.
Alternative scenario: above 1345.50 look for further upside with 1352.75 & 1359.00 as targets.
Comment: the RSI lacks upward momentum.

Crude Oil (WTI) (V6) Intraday: the bias remains bullish.
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Pivot: 46.52
Most Likely Scenario: long positions above 46.52 with targets @ 48.22 & 48.73 in extension.
Alternative scenario: below 46.52 look for further downside with 45.75 & 44.67 as targets.
Comment: a support base at 46.52 has formed and has allowed for a temporary stabilisation.

EUR/USD Intraday: intraday support around 1.1225.
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Pivot: 1.1225
Most Likely Scenario: long positions above 1.1225 with targets @ 1.1280 & 1.1310 in extension.
Alternative scenario: below 1.1225 look for further downside with 1.1205 & 1.1180 as targets.
Comment: the RSI is mixed to bullish.


GBP/USD Intraday: key resistance at 1.3395.
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Pivot: 1.3395
Most Likely Scenario: short @ 1.3345 with targets @ 1.3315 & 1.3285 in extension.
Alternative scenario: above 1.3395 look for further upside with 1.3445 & 1.3495 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

USD/JPY Intraday: key resistance at 102.20.
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Pivot: 102.20
Most Likely Scenario: short positions below 102.20 with targets @ 101.15 & 100.80 in extension.
Alternative scenario: above 102.20 look for further upside with 103.15 & 103.80 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

AUD/USD Intraday: supported by a rising trend line.
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Pivot: 0.7635
Most Likely Scenario: long positions above 0.7635 with targets @ 0.7700 & 0.7720 in extension.
Alternative scenario: below 0.7635 look for further downside with 0.7605 & 0.7570 as targets.
Comment: the RSI is mixed to bullish.

Gold spot Intraday: rebound.
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Pivot: 1340.00
Most Likely Scenario: long positions above 1340.00 with targets @ 1359.00 & 1365.00 in extension.
Alternative scenario: below 1340.00 look for further downside with 1335.00 & 1328.50 as targets.
Comment: a support base at 1340.00 has formed and has allowed for a temporary stabilisation.


Crude Oil (WTI) (V6) Intraday: rebound expected.
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Pivot: 45.28
Most Likely Scenario: long positions above 45.28 with targets @ 47.00 & 47.49 in extension.
Alternative scenario: below 45.28 look for further downside with 44.67 & 43.80 as targets.
Comment: the RSI is supported by a rising trend line.

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Pivot: 1.1185
Most Likely Scenario: short positions below 1.1185 with targets @ 1.1125 & 1.1105 in extension.
Alternative scenario: above 1.1185 look for further upside with 1.1210 & 1.1255 as targets.
Comment: the RSI lacks upward momentum.

GBP/USD Intraday: further advance.
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Pivot: 1.3285
Most Likely Scenario: long positions above 1.3285 with targets @ 1.3375 & 1.3405 in extension.
Alternative scenario: below 1.3285 look for further downside with 1.3250 & 1.3210 as targets.
Comment: the RSI shows upside momentum.

USD/JPY Intraday: bullish bias above 102.80.
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Pivot: 102.80
Most Likely Scenario: long positions above 102.80 with targets @ 103.80 & 104.35 in extension.
Alternative scenario: below 102.80 look for further downside with 102.40 & 102.10 as targets.
Comment: a support base at 102.80 has formed and has allowed for a temporary stabilisation.

AUD/USD Intraday: supported by a rising trend line.
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Pivot: 0.7590
Most Likely Scenario: long positions above 0.7590 with targets @ 0.7670 & 0.7690 in extension.
Alternative scenario: below 0.7590 look for further downside with 0.7570 & 0.7535 as targets.
Comment: the RSI shows upside momentum.

Gold spot Intraday: further advance.
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Pivot: 1321.50
Most Likely Scenario: long positions above 1321.50 with targets @ 1335.00 & 1340.00 in extension.
Alternative scenario: below 1321.50 look for further downside with 1316.00 & 1310.00 as targets.
Comment: the RSI is supported by a bullish trend line.


Crude Oil (WTI) (V6) Intraday: bullish bias above 44.67.
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Pivot: 44.67
Most Likely Scenario: long positions above 44.67 with targets @ 45.60 & 46.00 in extension.
Alternative scenario: below 44.67 look for further downside with 44.00 & 43.20 as targets.
Comment: a support base at 44.67 has formed and has allowed for a temporary stabilisation.

EUR/USD Intraday: the downside prevails.
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Pivot: 1.1210
Most Likely Scenario: short positions below 1.1210 with targets @ 1.1150 & 1.1125 in extension.
Alternative scenario: above 1.1210 look for further upside with 1.1255 & 1.1275 as targets.
Comment: as long as 1.1210 is resistance, look for choppy price action with a bearish bias.

GBP/USD Intraday: bullish bias above 1.3250.
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Pivot: 1.3250
Most Likely Scenario: long positions above 1.3250 with targets @ 1.3405 & 1.3450 in extension.
Alternative scenario: below 1.3250 look for further downside with 1.3210 & 1.3155 as targets.
Comment: the RSI shows upside momentum.


USD/JPY Intraday: the bias remains bullish.
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Pivot: 102.80
Most Likely Scenario: long positions above 102.80 with targets @ 104.45 & 104.95 in extension.
Alternative scenario: below 102.80 look for further downside with 102.40 & 102.10 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.


AUD/USD Intraday: further advance.
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Pivot: 0.7560
Most Likely Scenario: long positions above 0.7560 with targets @ 0.7620 & 0.7640 in extension.
Alternative scenario: below 0.7560 look for further downside with 0.7535 & 0.7500 as targets.
Comment: the RSI advocates for further advance.


Gold spot Intraday: further upside.
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Pivot: 1315.50
Most Likely Scenario: long positions above 1315.50 with targets @ 1330.20 & 1335.00 in extension.
Alternative scenario: below 1315.50 look for further downside with 1309.50 & 1304.50 as targets.
Comment: the RSI is supported by a bullish trend line.


Crude Oil (WTI) (V6) Intraday: further advance.
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Pivot: 44.67
Most Likely Scenario: long positions above 44.67 with targets @ 46.60 & 47.47 in extension.
Alternative scenario: below 44.67 look for further downside with 44.04 & 43.20 as targets.
Comment: the RSI advocates for further advance.

EUR/USD Intraday: further advance.
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Pivot: 1.1160
Most Likely Scenario: long positions above 1.1160 with targets @ 1.1210 & 1.1240 in extension.
Alternative scenario: below 1.1160 look for further downside with 1.1125 & 1.1105 as targets.
Comment: the RSI shows upside momentum.

GBP/USD Intraday: further upside.
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Pivot: 1.3210
Most Likely Scenario: long positions above 1.3210 with targets @ 1.3320 & 1.3370 in extension.
Alternative scenario: below 1.3210 look for further downside with 1.3155 & 1.3120 as targets.
Comment: the RSI is mixed to bullish.

USD/JPY Intraday: intraday support around 102.80.
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Pivot: 102.80
Most Likely Scenario: long positions above 102.80 with targets @ 103.95 & 104.45 in extension.
Alternative scenario: below 102.80 look for further downside with 102.40 & 102.10 as targets.
Comment: a support base at 102.80 has formed and has allowed for a temporary stabilisation.

AUD/USD Intraday: rebound.
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Pivot: 0.7510
Most Likely Scenario: long positions above 0.7510 with targets @ 0.7580 & 0.7600 in extension.
Alternative scenario: below 0.7510 look for further downside with 0.7495 & 0.7480 as targets.
Comment: the RSI shows upside momentum.

Gold spot Intraday: the bias remains bullish.
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Pivot: 1307.00
Most Likely Scenario: long positions above 1307.00 with targets @ 1321.60 & 1325.50 in extension.
Alternative scenario: below 1307.00 look for further downside with 1302.00 & 1296.00 as targets.
Comment: the RSI lacks downward momentum.

Crude Oil (WTI) (V6) Intraday: capped by a negative trend line.
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Pivot: 44.50
Most Likely Scenario: short positions below 44.50 with targets @ 42.65 & 41.97 in extension.
Alternative scenario: above 44.50 look for further upside with 45.08 & 45.75 as targets.
Comment: the upward potential is likely to be limited by the resistance at 44.50.

EUR/USD Intraday: the downside prevails.
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Pivot: 1.1180
Most Likely Scenario: short positions below 1.1180 with targets @ 1.1125 & 1.1105 in extension.
Alternative scenario: above 1.1180 look for further upside with 1.1210 & 1.1240 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1.1180.

GBP/USD Intraday: the upside prevails.
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Pivot: 1.3055
Most Likely Scenario: long positions above 1.3055 with targets @ 1.3165 & 1.3210 in extension.
Alternative scenario: below 1.3055 look for further downside with 1.3030 & 1.2995 as targets.
Comment: the RSI shows upside momentum.

USD/JPY Intraday: the bias remains bullish.
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Pivot: 102.80
Most Likely Scenario: long positions above 102.80 with targets @ 103.65 & 103.95 in extension.
Alternative scenario: below 102.80 look for further downside with 102.40 & 102.10 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

AUD/USD Intraday: the bias remains bullish.
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Pivot: 0.7510
Most Likely Scenario: long positions above 0.7510 with targets @ 0.7560 & 0.7580 in extension.
Alternative scenario: below 0.7510 look for further downside with 0.7480 & 0.7450 as targets.
Comment: the RSI shows upside momentum.

Gold spot Intraday: under pressure.
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Pivot: 1316.00
Most Likely Scenario: short positions below 1316.00 with targets @ 1304.00 & 1299.00 in extension.
Alternative scenario: above 1316.00 look for further upside with 1322.00 & 1325.00 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1316.00.

Crude Oil (WTI) (V6) Intraday: under pressure.
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Pivot: 45.75
Most Likely Scenario: short positions below 45.75 with targets @ 44.10 & 43.80 in extension.
Alternative scenario: above 45.75 look for further upside with 46.45 & 47.00 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

EUR/USD Intraday: capped by a negative trend line.
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Pivot: 1.1180
Most Likely Scenario: short positions below 1.1180 with targets @ 1.1130 & 1.1105 in extension.
Alternative scenario: above 1.1180 look for further upside with 1.1210 & 1.1240 as targets.
Comment: the RSI lacks upward momentum.

GBP/USD Intraday: key resistance at 1.3120.
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Pivot: 1.3120
Most Likely Scenario: short positions below 1.3120 with targets @ 1.3055 & 1.3030 in extension.
Alternative scenario: above 1.3120 look for further upside with 1.3165 & 1.3210 as targets.
Comment: the RSI lacks upward momentum.

USD/JPY Intraday: the bias remains bullish.
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Pivot: 102.40
Most Likely Scenario: long positions above 102.40 with targets @ 103.25 & 103.65 in extension.
Alternative scenario: below 102.40 look for further downside with 102.10 & 101.65 as targets.
Comment: the RSI is mixed to bullish.

AUD/USD Intraday: key resistance at 0.7580.
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Pivot: 0.7580
Most Likely Scenario: short positions below 0.7580 with targets @ 0.7480 & 0.7450 in extension.
Alternative scenario: above 0.7580 look for further upside with 0.7600 & 0.7645 as targets.
Comment: as long as 0.7580 is resistance, look for choppy price action with a bearish bias.

Gold spot Intraday: key resistance at 1325.50.
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Pivot: 1325.50
Most Likely Scenario: short positions below 1325.50 with targets @ 1304.50 & 1299.00 in extension.
Alternative scenario: above 1325.50 look for further upside with 1331.25 & 1335.00 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1325.50.

Crude Oil (WTI) (V6) Intraday: under pressure.
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Pivot: 47.50
Most Likely Scenario: short positions below 47.50 with targets @ 45.81 & 45.05 in extension.
Alternative scenario: above 47.50 look for further upside with 47.96 & 48.45 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

Towards 20.9
Regarding the chart:
* As long as the process of higher bottoms & higher tops begun in January 2016 remains intact, look for further upside

Regarding technical indicators:
* The 50-day simple moving average is in support
* The RSI is expected to bounce its 50% level off

Trading strategy
Buy @ $19.47 - Stop loss @ $19 - Target @ $20.9
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Glossary:

EUR/USD Intraday: key resistance at 1.1210.
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Pivot: 1.1210
Most Likely Scenario: short positions below 1.1210 with targets @ 1.1145 & 1.1130 in extension.
Alternative scenario: above 1.1210 look for further upside with 1.1240 & 1.1255 as targets.
Comment: the RSI shows downside momentum.

GBP/USD Intraday: the downside prevails.
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Pivot: 1.3120
Most Likely Scenario: short positions below 1.3120 with targets @ 1.3055 & 1.3030 in extension.
Alternative scenario: above 1.3120 look for further upside with 1.3165 & 1.3210 as targets.
Comment: the RSI is mixed to bearish.

USD/JPY Intraday: the bias remains bullish.
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Pivot: 101.65
Most Likely Scenario: long positions above 101.65 with targets @ 102.50 & 102.80 in extension.
Alternative scenario: below 101.65 look for further downside with 101.30 & 100.85 as targets.
Comment: The pair has validated a bullish flag.

AUD/USD Intraday: under pressure.
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Pivot: 0.7580
Most Likely Scenario: short positions below 0.7580 with targets @ 0.7530 & 0.7510 in extension.
Alternative scenario: above 0.7580 look for further upside with 0.7600 & 0.7645 as targets.
Comment: the RSI is mixed to bearish.

Gold spot Intraday: bounce.
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Pivot: 1314.80
Most Likely Scenario: long positions above 1314.80 with targets @ 1331.25 & 1335.00 in extension.
Alternative scenario: below 1314.80 look for further downside with 1309.50 & 1304.50 as targets.
Comment: the RSI lacks downward momentum.

Crude Oil (WTI) (V6) Intraday: key resistance at 47.40.
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Pivot: 47.40
Most Likely Scenario: short positions below 47.40 with targets @ 46.40 & 45.81 in extension.
Alternative scenario: above 47.40 look for further upside with 47.96 & 48.45 as targets.
Comment: the upward potential is likely to be limited by the resistance at 47.40.

S&P-ASX 200: the bias remains bullish.
[You must be registered and logged in to see this image.]Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

Pivot: 5425.00
Our preference: long positions above 5425.00 with targets @ 5730.00 & 5800.00 in extension.
Alternative scenario: below 5425.00 look for further downside with 5280.00 & 5050.00 as targets.
Comment: technically the RSI is above its neutrality area at 50.

In order to leverage this directional view we have selected the following product:

AUD/USD ST: the upside prevails.
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Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced
Pivot: 0.7325
Our preference: long positions above 0.7325 with targets @ 0.7840 & 0.8080 in extension.
Alternative scenario: below 0.7325 look for further downside with 0.7150 & 0.6920 as targets.
Comment: the RSI is mixed to bullish.

In order to leverage this directional view we have selected the following product:

EUR/USD Intraday: the downside prevails.
[You must be registered and logged in to see this image.]Pivot: 1.1255
Most Likely Scenario: short positions below 1.1255 with targets @ 1.1165 & 1.1145 in extension.
Alternative scenario: above 1.1255 look for further upside with 1.1280 & 1.1310 as targets.
Comment: the RSI lacks upward momentum.

GBP/USD Intraday: the downside prevails.
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Pivot: 1.3210
Most Likely Scenario: short positions below 1.3210 with targets @ 1.3090 & 1.3030 in extension.
Alternative scenario: above 1.3210 look for further upside with 1.3275 & 1.3305 as targets.
Comment: the RSI is mixed to bearish.


USD/JPY Intraday: further upside.
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Pivot: 101.30
Most Likely Scenario: long positions above 101.30 with targets @ 102.50 & 102.80 in extension.
Alternative scenario: below 101.30 look for further downside with 100.85 & 100.50 as targets.
Comment: the RSI advocates for further advance.

AUD/USD Intraday: key resistance at 0.7600.
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Pivot: 0.7600
Most Likely Scenario: short positions below 0.7600 with targets @ 0.7510 & 0.7480 in extension.
Alternative scenario: above 0.7600 look for further upside with 0.7645 & 0.7695 as targets.
Comment: as long as the resistance at 0.7600 is not surpassed, the risk of the break below 0.7510 remains high.

Gold spot Intraday: under pressure.
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Pivot: 1324.40
Most Likely Scenario: short positions below 1324.40 with targets @ 1309.50 & 1304.50 in extension.
Alternative scenario: above 1324.40 look for further upside with 1331.25 & 1340.00 as targets.
Comment: the RSI broke below a bullish trend line.


Crude Oil (WTI) (V6) Intraday: bullish bias above 46.43.
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Pivot: 46.43
Most Likely Scenario: long positions above 46.43 with targets @ 47.96 & 48.50 in extension.
Alternative scenario: below 46.43 look for further downside with 45.81 & 45.00 as targets.
Comment: a support base at 46.43 has formed and has allowed for a temporary stabilisation.

EUR/USD Intraday: under pressure.
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Pivot: 1.1300
Most Likely Scenario: short positions below 1.1300 with targets @ 1.1255 & 1.1240 in extension.
Alternative scenario: above 1.1300 look for further upside with 1.1325 & 1.1350 as targets.
Comment: the RSI lacks upward momentum.

GBP/USD Intraday: under pressure.
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Pivot: 1.3275
Most Likely Scenario: short positions below 1.3275 with targets @ 1.3160 & 1.3120 in extension.
Alternative scenario: above 1.3275 look for further upside with 1.3305 & 1.3345 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

USD/JPY Intraday: supported by a rising trend line.
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Pivot: 100.25
Most Likely Scenario: long positions above 100.25 with targets @ 100.60 & 100.90 in extension.
Alternative scenario: below 100.25 look for further downside with 100.10 & 99.95 as targets.
Comment: the RSI is mixed to bullish.

AUD/USD Intraday: caution.
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Pivot: 0.7635
Most Likely Scenario: short positions below 0.7635 with targets @ 0.7585 & 0.7560 in extension.
Alternative scenario: above 0.7635 look for further upside with 0.7655 & 0.7680 as targets.
Comment: the RSI is mixed and calls for caution.

Gold spot Intraday: key resistance at 1331.50.
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Pivot: 1331.50
Most Likely Scenario: short positions below 1331.50 with targets @ 1315.50 & 1310.00 in extension.
Alternative scenario: above 1331.50 look for further upside with 1340.00 & 1345.00 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1331.50.

Crude Oil (WTI) (V6) Intraday: key resistance at 47.70.
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Pivot: 47.70
Most Likely Scenario: short positions below 47.70 with targets @ 46.43 & 45.81 in extension.
Alternative scenario: above 47.70 look for further upside with 48.34 & 49.35 as targets.
Comment: the upward potential is likely to be limited by the resistance at 47.70.

EUR/USD Intraday: under pressure.
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Pivot: 1.1300
Most Likely Scenario: short positions below 1.1300 with targets @ 1.1240 & 1.1225 in extension.
Alternative scenario: above 1.1300 look for further upside with 1.1325 & 1.1350 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.


GBP/USD Intraday: supported by a rising trend line.
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Pivot: 1.3200
Most Likely Scenario: long positions above 1.3200 with targets @ 1.3275 & 1.3305 in extension.
Alternative scenario: below 1.3200 look for further downside with 1.3160 & 1.3120 as targets.
Comment: The pair is trading within a bullish channel.


USD/JPY Intraday: the bias remains bullish.
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Pivot: 100.10
Most Likely Scenario: long positions above 100.10 with targets @ 100.60 & 100.90 in extension.
Alternative scenario: below 100.10 look for further downside with 99.95 & 99.80 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

AUD/USD Intraday: key resistance at 0.7635.
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Pivot: 0.7635
Most Likely Scenario: short positions below 0.7635 with targets @ 0.7585 & 0.7560 in extension.
Alternative scenario: above 0.7635 look for further upside with 0.7655 & 0.7680 as targets.
Comment: the upward potential is likely to be limited by the resistance at 0.7635.


Gold spot Intraday: key resistance at 1335.00.
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Pivot: 1335.00
Most Likely Scenario: short positions below 1335.00 with targets @ 1321.00 & 1315.50 in extension.
Alternative scenario: above 1335.00 look for further upside with 1340.00 & 1345.00 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1335.00.


Crude Oil (WTI) (V6) Intraday: under pressure.
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Pivot: 47.70
Most Likely Scenario: short positions below 47.70 with targets @ 45.81 & 45.00 in extension.
Alternative scenario: above 47.70 look for further upside with 48.34 & 49.35 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

EUR/USD Intraday: further advance.
[You must be registered and logged in to see this image.]Pivot: 1.1300
Most Likely Scenario: long positions above 1.1300 with targets @ 1.1350 & 1.1365 in extension.
Alternative scenario: below 1.1300 look for further downside with 1.1270 & 1.1250 as targets.
Comment: the RSI is bullish and calls for further upside.

GBP/USD Intraday: the bias remains bullish.
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Pivot: 1.3085
Most Likely Scenario: long positions above 1.3085 with targets @ 1.3175 & 1.3220 in extension.
Alternative scenario: below 1.3085 look for further downside with 1.3030 & 1.2990 as targets.
Comment: the RSI shows upside momentum.

USD/JPY Intraday: the downside prevails.
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Pivot: 100.65
Most Likely Scenario: short positions below 100.65 with targets @ 100.00 & 99.80 in extension.
Alternative scenario: above 100.65 look for further upside with 100.90 & 101.20 as targets.
Comment: a break below 100.00 would trigger a drop towards 99.80.

AUD/USD Intraday: rebound.
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Pivot: 0.7595
Most Likely Scenario: long positions above 0.7595 with targets @ 0.7660 & 0.7695 in extension.
Alternative scenario: below 0.7595 look for further downside with 0.7580 & 0.7545 as targets.
Comment: the RSI shows upside momentum.

Gold spot Intraday: under pressure.
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Pivot: 1341.00
Most Likely Scenario: short positions below 1341.00 with targets @ 1331.50 & 1325.00 in extension.
Alternative scenario: above 1341.00 look for further upside with 1348.00 & 1351.50 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1341.00.

Crude Oil (WTI) (V6) Intraday: under pressure.
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Pivot: 48.55
Most Likely Scenario: short positions below 48.55 with targets @ 45.81 & 45.00 in extension.
Alternative scenario: above 48.55 look for further upside with 49.37 & 50.66 as targets.
Comment: technically the RSI is below its neutrality area at 50.

EUR/USD Intraday: under pressure.
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Pivot: 1.1330
Most Likely Scenario: short positions below 1.1330 with targets @ 1.1250 & 1.1200 in extension.
Alternative scenario: above 1.1330 look for further upside with 1.1365 & 1.1415 as targets.
Comment: the RSI shows downside momentum.

GBP/USD Intraday: the downside prevails.
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Pivot: 1.3125
Most Likely Scenario: short positions below 1.3125 with targets @ 1.2990 & 1.2940 in extension.
Alternative scenario: above 1.3125 look for further upside with 1.3175 & 1.3220 as targets.
Comment: the RSI shows downside momentum.

USD/JPY Intraday: further advance.
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Pivot: 100.30
Most Likely Scenario: long positions above 100.30 with targets @ 101.20 & 101.50 in extension.
Alternative scenario: below 100.30 look for further downside with 100.00 & 99.60 as targets.
Comment: the RSI shows upside momentum.

AUD/USD Intraday: under pressure.
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Pivot: 0.7645
Most Likely Scenario: short positions below 0.7645 with targets @ 0.7570 & 0.7545 in extension.
Alternative scenario: above 0.7645 look for further upside with 0.7695 & 0.7720 as targets.
Comment: a break below 0.7570 would trigger a drop towards 0.7545.

Gold spot Intraday: the downside prevails.
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Pivot: 1342.00
Most Likely Scenario: short positions below 1342.00 with targets @ 1330.00 & 1325.00 in extension.
Alternative scenario: above 1342.00 look for further upside with 1348.00 & 1351.50 as targets.
Comment: the RSI broke below a rising trend line.

Crude Oil (WTI) Intraday: supported by a rising trend line.
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Pivot: 47.20
Most Likely Scenario: long positions above 47.20 with targets @ 49.15 & 50.00 in extension.
Alternative scenario: below 47.20 look for further downside with 45.80 & 45.15 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

EUR/USD Intraday: bullish bias above 1.1250.
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Pivot: 1.1250
Most Likely Scenario: long positions above 1.1250 with targets @ 1.1325 & 1.1350 in extension.
Alternative scenario: below 1.1250 look for further downside with 1.1200 & 1.1175 as targets.
Comment: the RSI is mixed to bullish.

GBP/USD Intraday: the upside prevails.
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Pivot: 1.2990
Most Likely Scenario: long positions above 1.2990 with targets @ 1.3090 & 1.3110 in extension.
Alternative scenario: below 1.2990 look for further downside with 1.2950 & 1.2900 as targets.
Comment: technically the RSI is above its neutrality area at 50.

USD/JPY Intraday: under pressure.
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Pivot: 100.70
Most Likely Scenario: short positions below 100.70 with targets @ 99.50 & 98.95 in extension.
Alternative scenario: above 100.70 look for further upside with 101.20 & 101.75 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

AUD/USD Intraday: the bias remains bullish.
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Pivot: 0.7650
Most Likely Scenario: long positions above 0.7650 with targets @ 0.7720 & 0.7750 in extension.
Alternative scenario: below 0.7650 look for further downside with 0.7635 & 0.7610 as targets.
Comment: the RSI shows upside momentum.

Gold spot Intraday: supported by a rising trend line.
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Pivot: 1344.00
Most Likely Scenario: long positions above 1344.00 with targets @ 1361.00 & 1366.00 in extension.
Alternative scenario: below 1344.00 look for further downside with 1338.75 & 1334.00 as targets.
Comment: the RSI is mixed to bullish.

Crude Oil (WTI) Intraday: supported by a rising trend line.
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Pivot: 45.80
Most Likely Scenario: long positions above 45.80 with targets @ 47.70 & 48.30 in extension.
Alternative scenario: below 45.80 look for further downside with 45.15 & 44.40 as targets.
Comment: the RSI is mixed to bullish.