Forex Serbia D. T. A.

EUR/USD Intraday: key resistance at 1.1110.
[You must be registered and logged in to see this image.]
Pivot: 1.1110
Most Likely Scenario: short positions below 1.1110 with targets @ 1.1010 & 1.0970 in extension.
Alternative scenario: above 1.1110 look for further upside with 1.1185 & 1.1300 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1.1110.

GBP/USD Intraday: key resistance at 1.3470.
[You must be registered and logged in to see this image.]
Pivot: 1.3470
Most Likely Scenario: short positions below 1.3470 with targets @ 1.3200 & 1.3110 in extension.
Alternative scenario: above 1.3470 look for further upside with 1.3680 & 1.3790 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1.3470.

USD/JPY Intraday: supported by a rising trend line.
[You must be registered and logged in to see this image.]
Pivot: 101.85
Most Likely Scenario: long positions above 101.85 with targets @ 103.30 & 104.25 in extension.
Alternative scenario: below 101.85 look for further downside with 101.40 & 100.80 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

AUD/USD Intraday: further advance.
[You must be registered and logged in to see this image.]
Pivot: 0.7350
Most Likely Scenario: long positions above 0.7350 with targets @ 0.7465 & 0.7510 in extension.
Alternative scenario: below 0.7350 look for further downside with 0.7320 & 0.7300 as targets.
Comment: the RSI is mixed to bullish.

Gold spot Intraday: capped by a negative trend line.
[You must be registered and logged in to see this image.]
Pivot: 1323.50
Most Likely Scenario: short positions below 1323.50 with targets @ 1305.00 & 1294.00 in extension.
Alternative scenario: above 1323.50 look for further upside with 1345.00 & 1359.00 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1323.50.

Crude Oil (WTI) (Q6) Intraday: further advance.
[You must be registered and logged in to see this image.]
Pivot: 46.82
Most Likely Scenario: long positions above 46.82 with targets @ 49.10 & 50.00 in extension.
Alternative scenario: below 46.82 look for further downside with 45.90 & 45.10 as targets.
Comment: the RSI is mixed to bullish.

EUR/USD Intraday: key resistance at 1.1110.
[You must be registered and logged in to see this image.]Pivot: 1.1110
Most Likely Scenario: short positions below 1.1110 with targets @ 1.0900 & 1.0820 in extension.
Alternative scenario: above 1.1110 look for further upside with 1.1185 & 1.1300 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1.1110.

GBP/USD Intraday: key resistance at 1.3470.
[You must be registered and logged in to see this image.]
Pivot: 1.3470
Most Likely Scenario: short positions below 1.3470 with targets @ 1.3100 & 1.3000 in extension.
Alternative scenario: above 1.3470 look for further upside with 1.3680 & 1.3790 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1.3470.

USD/JPY Intraday: bullish bias above 101.30.
[You must be registered and logged in to see this image.]
Pivot: 101.30
Most Likely Scenario: long positions above 101.30 with targets @ 103.30 & 104.25 in extension.
Alternative scenario: below 101.30 look for further downside with 100.00 & 98.95 as targets.
Comment: a support base at 101.30 has formed and has allowed for a temporary stabilisation.

AUD/USD Intraday: caution.
[You must be registered and logged in to see this image.]
Pivot: 0.7420
Most Likely Scenario: short positions below 0.7420 with targets @ 0.7300 & 0.7260 in extension.
Alternative scenario: above 0.7420 look for further upside with 0.7465 & 0.7510 as targets.
Comment: intraday technical indicators are mixed and call for caution.

Gold spot Intraday: under pressure.
[You must be registered and logged in to see this image.]
Pivot: 1335.40
Most Likely Scenario: short positions below 1335.40 with targets @ 1296.00 & 1271.00 in extension.
Alternative scenario: above 1335.40 look for further upside with 1368.00 & 1393.00 as targets.
Comment: the RSI is capped by a declining trend line.

Crude Oil (WTI) (Q6) Intraday: key resistance at 47.95.
[You must be registered and logged in to see this image.]
Pivot: 47.95
Most Likely Scenario: short positions below 47.95 with targets @ 45.90 & 45.10 in extension.
Alternative scenario: above 47.95 look for further upside with 49.10 & 50.56 as targets.
Comment: the RSI is capped by a declining trend line.

EUR/USD Intraday: key resistance at 1.1185.
[You must be registered and logged in to see this image.]
Pivot: 1.1185
Most Likely Scenario: short positions below 1.1185 with targets @ 1.0900 & 1.0820 in extension.
Alternative scenario: above 1.1185 look for further upside with 1.1300 & 1.1400 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1.1185.

GBP/USD Intraday: under pressure.
[You must be registered and logged in to see this image.]
Pivot: 1.3790
Most Likely Scenario: short positions below 1.3790 with targets @ 1.3200 & 1.3000 in extension.
Alternative scenario: above 1.3790 look for further upside with 1.4000 & 1.4350 as targets.
Comment: as long as 1.3790 is resistance, look for choppy price action with a bearish bias.

USD/JPY Intraday: the downside prevails.
[You must be registered and logged in to see this image.]
Pivot: 103.30
Most Likely Scenario: short positions below 103.30 with targets @ 100.00 & 98.95 in extension.
Alternative scenario: above 103.30 look for further upside with 105.00 & 106.15 as targets.
Comment: technically the RSI is below its neutrality area at 50.

AUD/USD Intraday: the bias remains bullish.
[You must be registered and logged in to see this image.]
Pivot: 0.7370
Most Likely Scenario: long positions above 0.7370 with targets @ 0.7510 & 0.7580 in extension.
Alternative scenario: below 0.7370 look for further downside with 0.7300 & 0.7260 as targets.
Comment: a support base at 0.7370 has formed and has allowed for a temporary stabilisation.

Gold spot Intraday: the bias remains bullish.
[You must be registered and logged in to see this image.]
Pivot: 1294.00
Most Likely Scenario: long positions above 1294.00 with targets @ 1368.00 & 1393.00 in extension.
Alternative scenario: below 1294.00 look for further downside with 1270.00 & 1250.00 as targets.
Comment: the RSI is mixed to bullish.

Crude Oil (WTI) (Q6) Intraday: under pressure.
[You must be registered and logged in to see this image.]
Pivot: 48.40
Most Likely Scenario: short positions below 48.40 with targets @ 46.40 & 45.90 in extension.
Alternative scenario: above 48.40 look for further upside with 49.10 & 50.56 as targets.
Comment: the RSI is capped by a declining trend line.

EUR/USD Intraday: the downside prevails.
[You must be registered and logged in to see this image.]
Pivot: 1.1240
Most Likely Scenario: short positions below 1.1240 with targets @ 1.0900 & 1.0820 in extension.
Alternative scenario: above 1.1240 look for further upside with 1.1340 & 1.1400 as targets.
Comment: the RSI has broken down its 30 level.

GBP/USD Intraday: the downside prevails.
[You must be registered and logged in to see this image.]
Pivot: 1.4000
Most Likely Scenario: short positions below 1.4000 with targets @ 1.3000 & 1.2700 in extension.
Alternative scenario: above 1.4000 look for further upside with 1.4350 & 1.4600 as targets.
Comment: the RSI has broken down its 30 level.

USD/JPY Intraday: the downside prevails.
[You must be registered and logged in to see this image.]
Pivot: 103.65
Most Likely Scenario: short positions below 103.65 with targets @ 100.00 & 98.95 in extension.
Alternative scenario: above 103.65 look for further upside with 105.00 & 106.15 as targets.
Comment: the RSI advocates for further decline.

AUD/USD Intraday: the downside prevails.
[You must be registered and logged in to see this image.]
Pivot: 0.7445
Most Likely Scenario: short positions below 0.7445 with targets @ 0.7260 & 0.7215 in extension.
Alternative scenario: above 0.7445 look for further upside with 0.7525 & 0.7580 as targets.
Comment: the RSI has broken down its 30 level.

Gold spot Intraday: the upside prevails.
[You must be registered and logged in to see this image.]
Pivot: 1294.00
Most Likely Scenario: long positions above 1294.00 with targets @ 1368.00 & 1393.00 in extension.
Alternative scenario: below 1294.00 look for further downside with 1271.00 & 1250.00 as targets.
Comment: the RSI broke above a declining trend line.

Crude Oil (WTI) (Q6) Intraday: under pressure.
[You must be registered and logged in to see this image.]
Pivot: 48.40
Most Likely Scenario: short positions below 48.40 with targets @ 45.90 & 45.10 in extension.
Alternative scenario: above 48.40 look for further upside with 49.10 & 50.56 as targets.
Comment: the RSI is capped by a declining trend line.

EUR/USD Intraday: 1.1350 expected.
[You must be registered and logged in to see this image.]
Pivot: 1.1285
Most Likely Scenario: long positions above 1.1285 with targets @ 1.1350 & 1.1385 in extension.
Alternative scenario: below 1.1285 look for further downside with 1.1265 & 1.1240 as targets.
Comment: the RSI is mixed to bullish.

GBP/USD Intraday: further advance.
[You must be registered and logged in to see this image.]
Pivot: 1.4640
Most Likely Scenario: long positions above 1.4640 with targets @ 1.4850 & 1.4900 in extension.
Alternative scenario: below 1.4640 look for further downside with 1.4555 & 1.4495 as targets.
Comment: the RSI is supported by a bullish trend line.

USD/JPY Intraday: bullish bias above 104.25.
[You must be registered and logged in to see this image.]
Pivot: 104.25
Most Likely Scenario: long positions above 104.25 with targets @ 105.10 & 105.60 in extension.
Alternative scenario: below 104.25 look for further downside with 103.70 & 103.20 as targets.
Comment: the RSI lacks downward momentum.

AUD/USD Intraday: target 0.7530.
[You must be registered and logged in to see this image.]
Pivot: 0.7470
Most Likely Scenario: long positions above 0.7470 with targets @ 0.7530 & 0.7565 in extension.
Alternative scenario: below 0.7470 look for further downside with 0.7440 & 0.7405 as targets.
Comment: the RSI is mixed to bullish.

Gold spot Intraday: the downside prevails.
[You must be registered and logged in to see this image.]
Pivot: 1278.00
Most Likely Scenario: short positions below 1278.00 with targets @ 1256.50 & 1249.00 in extension.
Alternative scenario: above 1278.00 look for further upside with 1294.00 & 1300.00 as targets.
Comment: the RSI is capped by a bearish trend line.

Crude Oil (WTI) (Q6) Intraday: key resistance at 50.54.
[You must be registered and logged in to see this image.]
Pivot: 50.54
Most Likely Scenario: short positions below 50.54 with targets @ 48.34 & 47.34 in extension.
Alternative scenario: above 50.54 look for further upside with 51.40 & 51.92 as targets.
Comment: the RSI lacks upward momentum. The declining 50-period moving average acts as resistance role and maintains the downside bias.

EUR/USD Intraday: under pressure.
[You must be registered and logged in to see this image.]
Pivot: 1.1325
Most Likely Scenario: short positions below 1.1325 with targets @ 1.1215 & 1.1185 in extension.
Alternative scenario: above 1.1325 look for further upside with 1.1350 & 1.1385 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

GBP/USD Intraday: further advance.
[You must be registered and logged in to see this image.]
Pivot: 1.4610
Most Likely Scenario: long positions above 1.4610 with targets @ 1.4780 & 1.4850 in extension.
Alternative scenario: below 1.4610 look for further downside with 1.4555 & 1.4430 as targets.
Comment: the RSI is mixed with a bullish bias.

USD/JPY Intraday: the bias remains bullish.
[You must be registered and logged in to see this image.]
Pivot: 104.15
Most Likely Scenario: long positions above 104.15 with targets @ 105.10 & 105.60 in extension.
Alternative scenario: below 104.15 look for further downside with 103.70 & 103.20 as targets.
Comment: the RSI lacks downward momentum.

AUD/USD Intraday: the bias remains bullish.
[You must be registered and logged in to see this image.]
Pivot: 0.7435
Most Likely Scenario: long positions above 0.7435 with targets @ 0.7510 & 0.7530 in extension.
Alternative scenario: below 0.7435 look for further downside with 0.7405 & 0.7370 as targets.
Comment: a support base at 0.7435 has formed and has allowed for a temporary stabilisation.

Gold spot Intraday: under pressure.
[You must be registered and logged in to see this image.]
Pivot: 1278.00
Most Likely Scenario: short positions below 1278.00 with targets @ 1256.50 & 1249.00 in extension.
Alternative scenario: above 1278.00 look for further upside with 1294.00 & 1300.00 as targets.
Comment: the RSI is capped by a declining trend line.

Crude Oil (WTI) (Q6) Intraday: further upside.
[You must be registered and logged in to see this image.]
Pivot: 49.25
Most Likely Scenario: long positions above 49.25 with targets @ 50.80 & 51.40 in extension.
Alternative scenario: below 49.25 look for further downside with 48.85 & 48.34 as targets.
Comment: the RSI broke above a declining trend line.

EUR/USD Intraday: intraday support around 1.1300.
[You must be registered and logged in to see this image.]
Pivot: 1.1300
Most Likely Scenario: long positions above 1.1300 with targets @ 1.1355 & 1.1385 in extension.
Alternative scenario: below 1.1300 look for further downside with 1.1265 & 1.1215 as targets.
Comment: the RSI shows upside momentum.

GBP/USD Intraday: the upside prevails.
[You must be registered and logged in to see this image.]
Pivot: 1.4555
Most Likely Scenario: long positions above 1.4555 with targets @ 1.4730 & 1.4780 in extension.
Alternative scenario: below 1.4555 look for further downside with 1.4430 & 1.4350 as targets.
Comment: the RSI is mixed to bullish.

USD/JPY Intraday: under pressure.
[You must be registered and logged in to see this image.]
Pivot: 104.40
Most Likely Scenario: short positions below 104.40 with targets @ 103.70 & 103.20 in extension.
Alternative scenario: above 104.40 look for further upside with 104.85 & 105.60 as targets.
Comment: the RSI lacks upward momentum.

AUD/USD Intraday: further advance.
[You must be registered and logged in to see this image.]
Pivot: 0.7435
Most Likely Scenario: long positions above 0.7435 with targets @ 0.7505 & 0.7530 in extension.
Alternative scenario: below 0.7435 look for further downside with 0.7405 & 0.7370 as targets.
Comment: the RSI shows upside momentum.

Gold spot Intraday: key resistance at 1297.00.
[You must be registered and logged in to see this image.]
Pivot: 1297.00
Most Likely Scenario: short positions below 1297.00 with targets @ 1277.60 & 1272.00 in extension.
Alternative scenario: above 1297.00 look for further upside with 1308.00 & 1315.00 as targets.
Comment: technically the RSI is below its neutrality area at 50.

Crude Oil (WTI) (N6) Intraday: rebound expected.
[You must be registered and logged in to see this image.]
Pivot: 48.60
Most Likely Scenario: long positions above 48.60 with targets @ 49.70 & 50.20 in extension.
Alternative scenario: below 48.60 look for further downside with 47.77 & 47.30 as targets.
Comment: a support base at 48.60 has formed and has allowed for a temporary stabilisation.

EUR/USD Intraday: further upside.
[You must be registered and logged in to see this image.]
Pivot: 1.1300
Most Likely Scenario: long positions above 1.1300 with targets @ 1.1390 & 1.1415 in extension.
Alternative scenario: below 1.1300 look for further downside with 1.1265 & 1.1215 as targets.
Comment: the RSI is bullish and calls for further advance.

GBP/USD Intraday: the upside prevails.
[You must be registered and logged in to see this image.]
Pivot: 1.4430
Most Likely Scenario: long positions above 1.4430 with targets @ 1.4650 & 1.4700 in extension.
Alternative scenario: below 1.4430 look for further downside with 1.4350 & 1.4300 as targets.
Comment: the RSI shows upside momentum.

USD/JPY Intraday: under pressure.
[You must be registered and logged in to see this image.]
Pivot: 105.00
Most Likely Scenario: short positions below 105.00 with targets @ 103.70 & 103.20 in extension.
Alternative scenario: above 105.00 look for further upside with 105.60 & 106.00 as targets.
Comment: the upward potential is likely to be limited by the resistance at 105.00.

AUD/USD Intraday: further advance.
[You must be registered and logged in to see this image.]
Pivot: 0.7370
Most Likely Scenario: long positions above 0.7370 with targets @ 0.7475 & 0.7505 in extension.
Alternative scenario: below 0.7370 look for further downside with 0.7345 & 0.7330 as targets.
Comment: the RSI is bullish and calls for further upside.

Gold spot Intraday: the downside prevails.
[You must be registered and logged in to see this image.]
Pivot: 1297.00
Most Likely Scenario: short positions below 1297.00 with targets @ 1272.00 & 1264.50 in extension.
Alternative scenario: above 1297.00 look for further upside with 1308.00 & 1315.00 as targets.
Comment: technically the RSI is below its neutrality area at 50.

Crude Oil (WTI) (N6) Intraday: further upside.
[You must be registered and logged in to see this image.]
Pivot: 47.75
Most Likely Scenario: long positions above 47.75 with targets @ 49.30 & 50.20 in extension.
Alternative scenario: below 47.75 look for further downside with 47.30 & 46.80 as target
Comment: the RSI advocates for further advance.

S&P-ASX 200: turning down.
[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: short positions below 5425.00 with targets @ 5040.00 & 4905.00 in extension.
Alternative scenario: above 5425.00 look for further upside with 5530.00 & 5610.00 as targets.
Comment: the RSI is bearish and calls for further decline.


AUD/USD ST: key resistance at 0.7560.
[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: 0.7560
Our preference: short positions below 0.7560 with targets @ 0.7100 & 0.6815 in extension.
Alternative scenario: above 0.7560 look for further upside with 0.7840 & 0.8080 as targets.
Comment: as long as the resistance at 0.7560 is not surpassed, the risk of the break below 0.7100 remains high.

EUR/USD Intraday: the bias remains bullish.
[You must be registered and logged in to see this image.]
Pivot: 1.1215
Most Likely Scenario: long positions above 1.1215 with targets @ 1.1300 & 1.1320 in extension.
Alternative scenario: below 1.1215 look for further downside with 1.1185 & 1.1160 as targets.
Comment: the RSI shows upside momentum.

GBP/USD Intraday: the upside prevails.
[You must be registered and logged in to see this image.]
Pivot: 1.4190
Most Likely Scenario: long positions above 1.4190 with targets @ 1.4295 & 1.4325 in extension.
Alternative scenario: below 1.4190 look for further downside with 1.4140 & 1.4090 as targets.
Comment: the RSI shows upside momentum.

USD/JPY Intraday: under pressure.
[You must be registered and logged in to see this image.]
Pivot: 105.00
Most Likely Scenario: short positions below 105.00 with targets @ 103.70 & 103.20 in extension.
Alternative scenario: above 105.00 look for further upside with 105.60 & 106.00 as targets.
Comment: the RSI is mixed to bearish.

AUD/USD Intraday: the bias remains bullish.
[You must be registered and logged in to see this image.]
Pivot: 0.7355
Most Likely Scenario: long positions above 0.7355 with targets @ 0.7425 & 0.7445 in extension.
Alternative scenario: below 0.7355 look for further downside with 0.7335 & 0.7305 as targets.
Comment: the RSI shows upside momentum.

Gold spot Intraday: the downside prevails.
[You must be registered and logged in to see this image.]
Pivot: 1297.00
Most Likely Scenario: short positions below 1297.00 with targets @ 1264.50 & 1256.50 in extension.
Alternative scenario: above 1297.00 look for further upside with 1308.00 & 1315.00 as targets.
Comment: the RSI is mixed with a bearish bias.

Crude Oil (WTI) (N6) Intraday: under pressure.
[You must be registered and logged in to see this image.]
Pivot: 47.50
Most Likely Scenario: short positions below 47.50 with targets @ 45.55 & 44.50 in extension.
Alternative scenario: above 47.50 look for further upside with 48.50 & 49.30 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

EUR/USD Intraday: the upside prevails.
[You must be registered and logged in to see this image.]
Pivot: 1.1230
Most Likely Scenario: long positions above 1.1230 with targets @ 1.1300 & 1.1320 in extension.
Alternative scenario: below 1.1230 look for further downside with 1.1210 & 1.1185 as targets.
Comment: the RSI shows upside momentum.

GBP/USD Intraday: the upside prevails.
[You must be registered and logged in to see this image.]
Pivot: 1.4130
Most Likely Scenario: long positions above 1.4130 with targets @ 1.4230 & 1.4285 in extension.
Alternative scenario: below 1.4130 look for further downside with 1.4085 & 1.4050 as targets.
Comment: the RSI lacks downward momentum.

USD/JPY Intraday: the downside prevails.
[You must be registered and logged in to see this image.]
Pivot: 105.60
Most Likely Scenario: short positions below 105.60 with targets @ 104.05 & 103.40 in extension.
Alternative scenario: above 105.60 look for further upside with 106.00 & 106.40 as targets.
Comment: the RSI has broken down its 30 level.

AUD/USD Intraday: caution.
[You must be registered and logged in to see this image.]
Pivot: 0.7380
Most Likely Scenario: long positions above 0.7380 with targets @ 0.7445 & 0.7475 in extension.
Alternative scenario: below 0.7380 look for further downside with 0.7355 & 0.7330 as targets.
Comment: the RSI is mixed and calls for caution.

Gold spot Intraday: the upside prevails.
[You must be registered and logged in to see this image.]
Pivot: 1290.00
Most Likely Scenario: long positions above 1290.00 with targets @ 1308.00 & 1315.00 in extension.
Alternative scenario: below 1290.00 look for further downside with 1278.00 & 1265.00 as targets.
Comment: the RSI advocates for further advance.

Crude Oil (WTI) (N6) Intraday: under pressure.
[You must be registered and logged in to see this image.]
Pivot: 48.72
Most Likely Scenario: short positions below 48.72 with targets @ 46.50 & 45.55 in extension.
Alternative scenario: above 48.72 look for further upside with 49.30 & 50.00 as targets.
Comment: the RSI is mixed with a bearish bias.

EUR/USD Intraday: under pressure.
[You must be registered and logged in to see this image.]
Pivot: 1.1305
Most Likely Scenario: short positions below 1.1305 with targets @ 1.1265 & 1.1230 in extension.
Alternative scenario: above 1.1305 look for further upside with 1.1350 & 1.1390 as targets.
Comment: the RSI lacks upward momentum.

GBP/USD Intraday: intraday support around 1.4110.
[You must be registered and logged in to see this image.]
Pivot: 1.4110
Most Likely Scenario: long positions above 1.4110 with targets @ 1.4285 & 1.4360 in extension.
Alternative scenario: below 1.4110 look for further downside with 1.4050 & 1.4005 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

USD/JPY Intraday: under pressure.
[You must be registered and logged in to see this image.]
Pivot: 106.65
Most Likely Scenario: short positions below 106.65 with targets @ 105.75 & 105.50 in extension.
Alternative scenario: above 106.65 look for further upside with 107.20 & 107.45 as targets.
Comment: the RSI shows downside momentum.

AUD/USD Intraday: the downside prevails.
[You must be registered and logged in to see this image.]
Pivot: 0.7420
Most Likely Scenario: short positions below 0.7420 with targets @ 0.7355 & 0.7310 in extension.
Alternative scenario: above 0.7420 look for further upside with 0.7445 & 0.7475 as targets.
Comment: as long as 0.7420 is resistance, look for choppy price action with a bearish bias.

Gold spot Intraday: bullish bias above 1272.00.
[You must be registered and logged in to see this image.]
Pivot: 1272.00
Most Likely Scenario: long positions above 1272.00 with targets @ 1293.00 & 1303.00 in extension.
Alternative scenario: below 1272.00 look for further downside with 1257.00 & 1246.00 as targets.
Comment: a support base at 1272.00 has formed and has allowed for a temporary stabilisation.

Crude Oil (WTI) (N6) Intraday: key resistance at 49.30.
[You must be registered and logged in to see this image.]
Pivot: 49.30
Most Likely Scenario: short positions below 49.30 with targets @ 48.00 & 47.50 in extension.
Alternative scenario: above 49.30 look for further upside with 50.00 & 50.35 as targets.
Comment: the RSI lacks upward momentum.

S&P-ASX 200: bullish bias above 5180.00.
[You must be registered and logged in to see this image.]
Pivot: 5180.00
Our preference: long positions above 5180.00 with targets @ 5530.00 & 5610.00 in extension.
Alternative scenario: below 5180.00 look for further downside with 4905.00 & 4700.00 as targets.
Comment: the RSI is supported by a rising trend line.

AUD/USD ST: key resistance at 0.7560.
[You must be registered and logged in to see this image.]
Pivot: 0.7560
Our preference: short positions below 0.7560 with targets @ 0.7100 & 0.6815 in extension.
Alternative scenario: above 0.7560 look for further upside with 0.7840 & 0.8080 as targets.
Comment: the index currently faces a challenging resistance area at 0.7560.

EUR/USD Intraday: under pressure.

Spoiler:

Pivot: 1.1305
Most Likely Scenario: short positions below 1.1305 with targets @ 1.1220 & 1.1180 in extension.
Alternative scenario: above 1.1305 look for further upside with 1.1350 & 1.1390 as targets.
Comment: a break below 1.1220 would trigger a drop towards 1.1180.

GBP/USD Intraday: the downside prevails.

Spoiler:

Pivot: 1.4360
Most Likely Scenario: short positions below 1.4360 with targets @ 1.4150 & 1.4100 in extension.
Alternative scenario: above 1.4360 look for further upside with 1.4430 & 1.4490 as targets.
Comment: a break below 1.4150 would trigger a drop towards 1.4100.

USD/JPY Intraday: the downside prevails.

Spoiler:

Pivot: 106.65
Most Likely Scenario: short positions below 106.65 with targets @ 105.50 & 105.00 in extension.
Alternative scenario: above 106.65 look for further upside with 107.20 & 107.45 as targets.
Comment: the RSI is bearish and calls for further decline.

AUD/USD Intraday: capped by a negative trend line.

Spoiler:

Pivot: 0.7420
Most Likely Scenario: short positions below 0.7420 with targets @ 0.7355 & 0.7310 in extension.
Alternative scenario: above 0.7420 look for further upside with 0.7445 & 0.7475 as targets.
Comment: a break below 0.7355 would trigger a drop towards 0.7310.

Gold spot Intraday: further advance.

Spoiler:

Pivot: 1264.50
Most Likely Scenario: long positions above 1264.50 with targets @ 1282.00 & 1293.00 in extension.
Alternative scenario: below 1264.50 look for further downside with 1257.00 & 1246.00 as targets.
Comment: the RSI is mixed to bullish.

Crude Oil (WTI) (N6) Intraday: under pressure.

Spoiler:

Pivot: 49.50
Most Likely Scenario: short positions below 49.50 with targets @ 48.00 & 47.50 in extension.
Alternative scenario: above 49.50 look for further upside with 50.00 & 50.35 as targets.
Comment: the RSI advocates for further downside.

EUR/USD Intraday: under pressure.

Spoiler:

Pivot: 1.1355
Most Likely Scenario: short positions below 1.1355 with targets @ 1.1255 & 1.1220 in extension.
Alternative scenario: above 1.1355 look for further upside with 1.1390 & 1.1415 as targets.
Comment: the RSI is bearish and calls for further decline.

GBP/USD Intraday: the downside prevails.

Spoiler:

Pivot: 1.4530
Most Likely Scenario: short positions below 1.4530 with targets @ 1.4425 & 1.4365 in extension.
Alternative scenario: above 1.4530 look for further upside with 1.4600 & 1.4665 as targets.
Comment: the RSI is mixed to bearish.

USD/JPY Intraday: the upside prevails.

Spoiler:

Pivot: 106.65
Most Likely Scenario: long positions above 106.65 with targets @ 107.45 & 107.90 in extension.
Alternative scenario: below 106.65 look for further downside with 106.35 & 106.00 as targets.
Comment: the RSI is bullish and calls for further upside.

AUD/USD Intraday: the downside prevails.

Spoiler:

Pivot: 0.7470
Most Likely Scenario: short positions below 0.7470 with targets @ 0.7380 & 0.7355 in extension.
Alternative scenario: above 0.7470 look for further upside with 0.7505 & 0.7545 as targets.
Comment: as long as 0.7470 is resistance, look for choppy price action with a bearish bias.
 
Gold spot Intraday: bullish bias above 1257.00.

Spoiler:

Pivot: 1257.00
Most Likely Scenario: long positions above 1257.00 with targets @ 1276.00 & 1282.00 in extension.
Alternative scenario: below 1257.00 look for further downside with 1246.00 & 1234.50 as targets.
Comment: a support base at 1257.00 has formed and has allowed for a temporary stabilisation.

Crude Oil (WTI) (N6) Intraday: under pressure.

Spoiler:

Pivot: 51.15
Most Likely Scenario: short positions below 51.15 with targets @ 49.80 & 49.40 in extension.
Alternative scenario: above 51.15 look for further upside with 51.70 & 52.25 as targets.
Comment: the RSI broke below a rising trend line.

EUR/USD Intraday: the upside prevails.

Spoiler:

Pivot: 1.1360
Most Likely Scenario: long positions above 1.1360 with targets @ 1.1445 & 1.1475 in extension.
Alternative scenario: below 1.1360 look for further downside with 1.1340 & 1.1315 as targets.
Comment: the RSI is mixed to bullish.
 
GBP/USD Intraday: intraday support around 1.4475.

Spoiler:

Pivot: 1.4475
Most Likely Scenario: long positions above 1.4475 with targets @ 1.4600 & 1.4665 in extension.
Alternative scenario: below 1.4475 look for further downside with 1.4425 & 1.4365 as targets.
Comment: a support base at 1.4475 has formed and has allowed for a temporary stabilisation.

USD/JPY Intraday: capped by a negative trend line.

Spoiler:

Pivot: 107.15
Most Likely Scenario: short positions below 107.15 with targets @ 106.40 & 106.00 in extension.
Alternative scenario: above 107.15 look for further upside with 107.45 & 107.95 as targets.
Comment: the RSI is mixed to bearish.

AUD/USD Intraday: bullish bias above 0.7430.

Spoiler:

Pivot: 0.7430
Most Likely Scenario: long positions above 0.7430 with targets @ 0.7505 & 0.7545 in extension.
Alternative scenario: below 0.7430 look for further downside with 0.7380 & 0.7355 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Gold spot Intraday: further advance.

Spoiler:

Pivot: 1253.50
Most Likely Scenario: long positions above 1253.50 with targets @ 1276.00 & 1286.00 in extension.
Alternative scenario: below 1253.50 look for further downside with 1246.00 & 1234.50 as targets.
Comment: the RSI is mixed with a bullish bias.

Crude Oil (WTI) (N6) Intraday: further upside.

Spoiler:

Pivot: 50.95
Most Likely Scenario: long positions above 50.95 with targets @ 52.25 & 52.90 in extension.
Alternative scenario: below 50.95 look for further downside with 50.30 & 49.80 as targets.
Comment: The rising 20-period and 50-period moving averages maintain the upside bias and act as support roles.

EUR/USD Intraday: the upside prevails.

Spoiler:

Pivot: 1.1315
Most Likely Scenario: long positions above 1.1315 with targets @ 1.1390 & 1.1415 in extension.
Alternative scenario: below 1.1315 look for further downside with 1.1280 & 1.1245 as targets.
Comment: technically the RSI is above its neutrality area at 50.

GBP/USD Intraday: the upside prevails.

Spoiler:

Pivot: 1.4475
Most Likely Scenario: long positions above 1.4475 with targets @ 1.4610 & 1.4665 in extension.
Alternative scenario: below 1.4475 look for further downside with 1.4425 & 1.4365 as targets.
Comment: the RSI has just landed on its neutrality area at 50% and is turning up.

USD/JPY Intraday: capped by a negative trend line.

Spoiler:

Pivot: 107.45
Most Likely Scenario: short positions below 107.45 with targets @ 106.40 & 106.00 in extension.
Alternative scenario: above 107.45 look for further upside with 107.95 & 108.50 as targets.
Comment: the RSI is mixed to bearish.

AUD/USD Intraday: the upside prevails.

Spoiler:

Pivot: 0.7380
Most Likely Scenario: long positions above 0.7380 with targets @ 0.7480 & 0.7515 in extension.
Alternative scenario: below 0.7380 look for further downside with 0.7355 & 0.7315 as targets.
Comment: the RSI is mixed to bullish.

Gold spot Intraday: the upside prevails.

Spoiler:

Pivot: 1234.50
Most Likely Scenario: long positions above 1234.50 with targets @ 1251.00 & 1258.00 in extension.
Alternative scenario: below 1234.50 look for further downside with 1223.00 & 1217.00 as targets.
Comment: the RSI is mixed to bullish.

Crude Oil (WTI) (N6) Intraday: further advance.

Spoiler:

Pivot: 49.80
Most Likely Scenario: long positions above 49.80 with targets @ 50.75 & 51.00 in extension.
Alternative scenario: below 49.80 look for further downside with 49.45 & 49.10 as targets.
Comment: the RSI is mixed with a bullish bias.

EUR/USD Intraday: the upside prevails.

Spoiler:

Pivot: 1.1315
Most Likely Scenario: long positions above 1.1315 with targets @ 1.1390 & 1.1415 in extension.
Alternative scenario: below 1.1315 look for further downside with 1.1280 & 1.1245 as targets.
Comment: a support base at 1.1315 has formed and has allowed for a temporary stabilisation.

GBP/USD Intraday: rebound.

Spoiler:

Pivot: 1.4425
Most Likely Scenario: long positions above 1.4425 with targets @ 1.4585 & 1.4650 in extension.
Alternative scenario: below 1.4425 look for further downside with 1.4365 & 1.4310 as targets.
Comment: the RSI shows upside momentum.

USD/JPY Intraday: under pressure.

Spoiler:

Pivot: 107.95
Most Likely Scenario: short positions below 107.95 with targets @ 106.85 & 106.40 in extension.
Alternative scenario: above 107.95 look for further upside with 108.50 & 109.10 as targets.
Comment: the RSI lacks upward momentum.

AUD/USD Intraday: further advance.

Spoiler:

Pivot: 0.7315
Most Likely Scenario: long positions above 0.7315 with targets @ 0.7445 & 0.7480 in extension.
Alternative scenario: below 0.7315 look for further downside with 0.7265 & 0.7230 as targets.
Comment: the RSI shows upside momentum.

Gold spot Intraday: rebound expected.

Spoiler:

Pivot: 1233.00
Most Likely Scenario: long positions above 1233.00 with targets @ 1251.00 & 1258.00 in extension.
Alternative scenario: below 1233.00 look for further downside with 1223.00 & 1217.00 as targets.
Comment: the RSI lacks downward momentum.

Crude Oil (WTI) (N6) Intraday: bullish bias above 49.10.

Spoiler:

Pivot: 49.10
Most Likely Scenario: long positions above 49.10 with targets @ 50.10 & 50.50 in extension.
Alternative scenario: below 49.10 look for further downside with 48.70 & 48.32 as targets.
Comment: a support base at 49.10 has formed and has allowed for a temporary stabilisation. The rising 50-period moving average maintains the upside bias.

EUR/USD Intraday: the bias remains bullish.

Spoiler:

Pivot: 1.1280
Most Likely Scenario: long positions above 1.1280 with targets @ 1.1375 & 1.1415 in extension.
Alternative scenario: below 1.1280 look for further downside with 1.1245 & 1.1220 as targets.
Comment: technically the RSI is above its neutrality area at 50.

GBP/USD Intraday: the downside prevails.

Spoiler:

Pivot: 1.4510
Most Likely Scenario: short positions below 1.4510 with targets @ 1.4335 & 1.4285 in extension.
Alternative scenario: above 1.4510 look for further upside with 1.4585 & 1.4650 as targets.
Comment: the RSI is mixed to bearish.

USD/JPY Intraday: under pressure.

Spoiler:

Pivot: 107.95
Most Likely Scenario: short positions below 107.95 with targets @ 106.40 & 105.70 in extension.
Alternative scenario: above 107.95 look for further upside with 108.50 & 109.10 as targets.
Comment: the RSI lacks upward momentum.

AUD/USD Intraday: the upside prevails.

Spoiler:

Pivot: 0.7290
Most Likely Scenario: long positions above 0.7290 with targets @ 0.7370 & 0.7410 in extension.
Alternative scenario: below 0.7290 look for further downside with 0.7230 & 0.7200 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Gold spot Intraday: rebound expected.

Spoiler:

Pivot: 1233.00
Most Likely Scenario: long positions above 1233.00 with targets @ 1251.00 & 1258.00 in extension.
Alternative scenario: below 1233.00 look for further downside with 1223.00 & 1217.00 as targets.
Comment: the RSI is mixed with a bullish bias.

Crude Oil (WTI) (N6) Intraday: key resistance at 49.41.

Spoiler:

Pivot: 49.41
Most Likely Scenario: short positions below 49.41 with targets @ 48.60 & 48.33 in extension.
Alternative scenario: above 49.41 look for further upside with 49.72 & 50.10 as targets.
Comment: as long as 49.41 is resistance, look for choppy price action with a bearish bias.

S&P-ASX 200: bullish bias above 5180.00.
Pivot: 5180.00
Our preference: long positions above 5180.00 with targets @ 5530.00 & 5610.00 in extension.
Alternative scenario: below 5180.00 look for further downside with 4905.00 & 4700.00 as targets.
Comment: the RSI is supported by a rising trend line.
[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



AUD/USD ST: the downside prevails.
Pivot: 0.7560
Our preference: short positions below 0.7560 with targets @ 0.7100 & 0.6815 in extension.
Alternative scenario: above 0.7560 look for further upside with 0.7840 & 0.8080 as targets.
Comment: technically the RSI is below its neutrality area at 50.
[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

EUR/USD Intraday: under pressure.
[You must be registered and logged in to see this image.]
Pivot: 1.1190
Most Likely Scenario: short positions below 1.1190 with targets @ 1.1115 & 1.1095 in extension.
Alternative scenario: above 1.1190 look for further upside with 1.1215 & 1.1235 as targets.
Comment: as long as the resistance at 1.1190 is not surpassed, the risk of the break below 1.1115 remains high.

GBP/USD Intraday: the downside prevails.
[You must be registered and logged in to see this image.]
Pivot: 1.4465
Most Likely Scenario: short positions below 1.4465 with targets @ 1.4375 & 1.4335 in extension.
Alternative scenario: above 1.4465 look for further upside with 1.4510 & 1.4565 as targets.
Comment: the RSI is mixed to bearish.

USD/JPY Intraday: the downside prevails.
[You must be registered and logged in to see this image.]
Pivot: 109.30
Most Likely Scenario: short positions below 109.30 with targets @ 108.20 & 107.75 in extension.
Alternative scenario: above 109.30 look for further upside with 109.70 & 110.15 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

AUD/USD Intraday: under pressure.
[You must be registered and logged in to see this image.]
Pivot: 0.7260
Most Likely Scenario: short positions below 0.7260 with targets @ 0.7200 & 0.7170 in extension.
Alternative scenario: above 0.7260 look for further upside with 0.7280 & 0.7300 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

Gold spot Intraday: further advance.
[You must be registered and logged in to see this image.]
Pivot: 1205.80
Most Likely Scenario: long positions above 1205.80 with targets @ 1217.60 & 1220.50 in extension.
Alternative scenario: below 1205.80 look for further downside with 1203.00 & 1199.50 as targets.
Comment: the RSI is mixed to bullish.

Crude Oil (WTI) (N6) Intraday: key resistance at 49.41.
[You must be registered and logged in to see this image.]
Pivot: 49.41
Most Likely Scenario: short positions below 49.41 with targets @ 48.85 & 48.45 in extension.
Alternative scenario: above 49.41 look for further upside with 49.72 & 50.10 as targets.
Comment: the upward potential is likely to be limited by the resistance at 49.41.

EUR/USD Intraday: the upside prevails.

Spoiler:

Pivot: 1.1165
Most Likely Scenario: long positions above 1.1165 with targets @ 1.1215 & 1.1235 in extension.
Alternative scenario: below 1.1165 look for further downside with 1.1145 & 1.1115 as targets.
Comment: the RSI shows upside momentum.

GBP/USD Intraday: the downside prevails.

Spoiler:

Pivot: 1.4510
Most Likely Scenario: short positions below 1.4510 with targets @ 1.4375 & 1.4335 in extension.
Alternative scenario: above 1.4510 look for further upside with 1.4550 & 1.4585 as targets.
Comment: a break below 1.4375 would trigger a drop towards 1.4335.

USD/JPY Intraday: under pressure.

Spoiler:

Pivot: 109.70
Most Likely Scenario: short positions below 109.70 with targets @ 108.70 & 108.20 in extension.
Alternative scenario: above 109.70 look for further upside with 110.15 & 110.40 as targets.
Comment: the RSI is mixed to bearish.

AUD/USD Intraday: intraday support around 0.7210.

Spoiler:

Pivot: 0.7210
Most Likely Scenario: long positions above 0.7210 with targets @ 0.7265 & 0.7295 in extension.
Alternative scenario: below 0.7210 look for further downside with 0.7185 & 0.7170 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Gold spot Intraday: further advance.

Spoiler:

Pivot: 1205.75
Most Likely Scenario: long positions above 1205.75 with targets @ 1220.50 & 1223.50 in extension.
Alternative scenario: below 1205.75 look for further downside with 1199.50 & 1193.00 as targets.
Comment: the RSI is mixed with a bullish bias.

Crude Oil (WTI) (N6) Intraday: bullish bias above 48.70.

Spoiler:

Pivot: 48.70
Most Likely Scenario: long positions above 48.70 with targets @ 49.42 & 49.72 in extension.
Alternative scenario: below 48.70 look for further downside with 48.23 & 47.75 as targets.
Comment: a support base at 48.70 has formed and has allowed for a temporary stabilisation.

EUR/USD Intraday: under pressure.

Spoiler:

Pivot: 1.1145
Most Likely Scenario: short positions below 1.1145 with targets @ 1.1095 & 1.1070 in extension.
Alternative scenario: above 1.1145 look for further upside with 1.1170 & 1.1185 as targets.
Comment: the RSI is mixed to bearish.

GBP/USD Intraday: under pressure.

Spoiler:

Pivot: 1.4580
Most Likely Scenario: short positions below 1.4580 with targets @ 1.4460 & 1.4420 in extension.
Alternative scenario: above 1.4580 look for further upside with 1.4650 & 1.4685 as targets.
Comment: the RSI shows downside momentum.

USD/JPY Intraday: the downside prevails.

Spoiler:

Pivot: 110.90
Most Likely Scenario: short positions below 110.90 with targets @ 109.80 & 109.40 in extension.
Alternative scenario: above 110.90 look for further upside with 111.25 & 111.45 as targets.
Comment: the RSI is capped by a declining trend line.

AUD/USD Intraday: the upside prevails.

Spoiler:

Pivot: 0.7210
Most Likely Scenario: long positions above 0.7210 with targets @ 0.7295 & 0.7310 in extension.
Alternative scenario: below 0.7210 look for further downside with 0.7185 & 0.7170 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Gold spot Intraday: further advance.

Spoiler:

Pivot: 1209.00
Most Likely Scenario: long positions above 1209.00 with targets @ 1223.00 & 1227.00 in extension.
Alternative scenario: below 1209.00 look for further downside with 1205.00 & 1199.50 as targets.
Comment: the RSI is mixed to bullish.

Crude Oil (WTI) (N6) Intraday: break of a ST rising trendline support.

Spoiler:

Pivot: 49.31
Most Likely Scenario: short positions below 49.31 with targets @ 48.29 & 47.95 in extension.
Alternative scenario: above 49.31 look for further upside with 49.75 & 50.2
Comment: the RSI advocates for further downside.

(Daily Chart)
*A bullish continuation pattern - a flag - is now confirmed

Regarding technical indicators:
*The 50-day simple moving average is in support
*The RSI indicator bounced off its neutrality level (50%)

Trading strategy
Buy @ $35 - Stop loss @ $33.7 - Target @ $38

[You must be registered and logged in to see this image.]


Glossary

It usually occurs after a sharp move and represents a brief pause in the trend. This pattern corresponds to a slightly decreasing channel (in the case of an upward trend) or a slightly increasing channel (in the case of a downward trend).

RSI
(Relative Strength Index) a technical indicator which measures the magnitude of gains over a given time period against the magnitude of losses over that period. The equation is RSI = 100 - 100 / (1 + RS) where RS = (total gains / n) / (total losses / n) and n = number of RSI periods

EUR/USD Intraday: the downside prevails.

Spoiler:

Pivot: 1.1145
Most Likely Scenario: short positions below 1.1145 with targets @ 1.1085 & 1.1070 in extension.
Alternative scenario: above 1.1145 look for further upside with 1.1160 & 1.1185 as targets.
Comment: a break below 1.1085 would trigger a drop towards 1.1070.

GBP/USD Intraday: under pressure.

Spoiler:

Pivot: 1.4680
Most Likely Scenario: short positions below 1.4680 with targets @ 1.4575 & 1.4550 in extension.
Alternative scenario: above 1.4680 look for further upside with 1.4710 & 1.4735 as targets.
Comment: the RSI is mixed to bearish.


USD/JPY Intraday: further advance.

Spoiler:

Pivot: 110.20
Most Likely Scenario: long positions above 110.20 with targets @ 111.25 & 111.90 in extension.
Alternative scenario: below 110.20 look for further downside with 109.80 & 109.45 as targets.
Comment: the RSI is bullish and calls for further advance.

AUD/USD Intraday: under pressure.

Spoiler:

Pivot: 0.7210
Most Likely Scenario: short positions below 0.7210 with targets @ 0.7145 & 0.7115 in extension.
Alternative scenario: above 0.7210 look for further upside with 0.7235 & 0.7260 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

Gold spot Intraday: capped by a negative trend line.

Spoiler:

Pivot: 1223.00
Most Likely Scenario: short positions below 1223.00 with targets @ 1190.00 & 1181.00 in extension.
Alternative scenario: above 1223.00 look for further upside with 1234.50 & 1242.50 as targets.
Comment: the RSI is bearish and calls for further decline.

Crude Oil (WTI) (N6) Intraday: bullish bias above 48.70.

Spoiler:

Pivot: 48.70
Most Likely Scenario: long positions above 48.70 with targets @ 49.70 & 50.23 in extension.
Alternative scenario: below 48.70 look for further downside with 48.20 & 47.65 as targets.
Comment: a support base at 48.70 has formed and has allowed for a temporary stabilisation.

S&P-ASX 200: bullish bias above 5180.00.
Pivot: 5180.00
Our preference: long positions above 5180.00 with targets @ 5530.00 & 5610.00 in extension.
Alternative scenario: below 5180.00 look for further downside with 4905.00 & 4700.00 as targets.
Comment: the RSI calls for a rebound.

[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


AUD/USD ST: watch 0.7100.
Pivot: 0.7560
Our preference: short positions below 0.7560 with targets @ 0.7100 & 0.6815 in extension.
Alternative scenario: above 0.7560 look for further upside with 0.7840 & 0.8080 as targets.
Comment: the RSI is bearish and calls for further downside.
[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

EUR/USD Intraday: intraday support around 1.1165.

Spoiler:

Pivot: 1.1165
Most Likely Scenario: long positions above 1.1165 with targets @ 1.1215 & 1.1230 in extension.
Alternative scenario: below 1.1165 look for further downside with 1.1145 & 1.1130 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

GBP/USD Intraday: bullish bias above 1.4640.

Spoiler:

Pivot: 1.4640
Most Likely Scenario: long positions above 1.4640 with targets @ 1.4735 & 1.4770 in extension.
Alternative scenario: below 1.4640 look for further downside with 1.4600 & 1.4550 as targets.
Comment: a support base at 1.4640 has formed and has allowed for a temporary stabilisation.

USD/JPY Intraday: rebound.

Spoiler:

Pivot: 109.45
Most Likely Scenario: long positions above 109.45 with targets @ 110.20 & 110.45 in extension.
Alternative scenario: below 109.45 look for further downside with 109.10 & 108.85 as targets.
Comment: the RSI shows upside momentum.

AUD/USD Intraday: the upside prevails.

Spoiler:

Pivot: 0.7180
Most Likely Scenario: long positions above 0.7180 with targets @ 0.7240 & 0.7260 in extension.
Alternative scenario: below 0.7180 look for further downside with 0.7165 & 0.7140 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Gold spot Intraday: under pressure.

Spoiler:

Pivot: 1227.00
Most Likely Scenario: short positions below 1227.00 with targets @ 1211.50 & 1207.00 in extension.
Alternative scenario: above 1227.00 look for further upside with 1234.50 & 1242.50 as targets.
Comment: technically the RSI is below its neutrality area at 50.

Crude Oil (WTI) (N6) Intraday: the bias remains bullish.

Spoiler:

Pivot: 48.90
Most Likely Scenario: long positions above 48.90 with targets @ 50.23 & 50.60 in extension.
Alternative scenario: below 48.90 look for further downside with 48.20 & 47.65 as targets.
Comment: a support base at 48.90 has formed and has allowed for a temporary stabilisation.

EUR/USD Intraday: caution.

Spoiler:

Pivot: 1.1190
Most Likely Scenario: short positions below 1.1190 with targets @ 1.1145 & 1.1125 in extension.
Alternative scenario: above 1.1190 look for further upside with 1.1230 & 1.1260 as targets.
Comment: intraday technical indicators are mixed and call for caution.

GBP/USD Intraday: further advance.

Spoiler:

Pivot: 1.4640
Most Likely Scenario: long positions above 1.4640 with targets @ 1.4725 & 1.4770 in extension.
Alternative scenario: below 1.4640 look for further downside with 1.4600 & 1.4550 as targets.
Comment: the RSI is mixed to bullish.

USD/JPY Intraday: under pressure.

Spoiler:

Pivot: 110.05
Most Likely Scenario: short positions below 110.05 with targets @ 109.45 & 109.10 in extension.
Alternative scenario: above 110.05 look for further upside with 110.25 & 110.45 as targets.
Comment: the RSI lacks upward momentum.

AUD/USD Intraday: rebound.

Spoiler:

Pivot: 0.7170
Most Likely Scenario: long positions above 0.7170 with targets @ 0.7225 & 0.7255 in extension.
Alternative scenario: below 0.7170 look for further downside with 0.7140 & 0.7105 as targets.
Comment: the RSI advocates for further advance.

Gold spot Intraday: further advance.

Spoiler:

Pivot: 1217.50
Most Likely Scenario: long positions above 1217.50 with targets @ 1242.50 & 1248.00 in extension.
Alternative scenario: below 1217.50 look for further downside with 1210.00 & 1202.00 as targets.
Comment: the RSI is mixed with a bullish bias.

Crude Oil (WTI) (N6) Intraday: further advance.

Spoiler:

Pivot: 48.65
Most Likely Scenario: long positions above 48.65 with targets @ 50.46 & 50.95 in extension.
Alternative scenario: below 48.65 look for further downside with 48.20 & 47.65 as targets.
Comment: the RSI is mixed to bullish.

EUR/USD Intraday: under pressure.

Spoiler:

Pivot: 1.1190
Most Likely Scenario: short positions below 1.1190 with targets @ 1.1120 & 1.1080 in extension.
Alternative scenario: above 1.1190 look for further upside with 1.1230 & 1.1260 as targets.
Comment: as long as the resistance at 1.1190 is not surpassed, the risk of the break below 1.1120 remains high.

GBP/USD Intraday: the upside prevails.

Spoiler:

Pivot: 1.4550
Most Likely Scenario: long positions above 1.4550 with targets @ 1.4640 & 1.4665 in extension.
Alternative scenario: below 1.4550 look for further downside with 1.4500 & 1.4470 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

USD/JPY Intraday: the upside prevails.

Spoiler:

Pivot: 109.45
Most Likely Scenario: long positions above 109.45 with targets @ 110.25 & 110.60 in extension.
Alternative scenario: below 109.45 look for further downside with 109.10 & 108.85 as targets.
Comment: the RSI lacks downward momentum.

AUD/USD Intraday: rebound.

Spoiler:

Pivot: 0.7170
Most Likely Scenario: long positions above 0.7170 with targets @ 0.7225 & 0.7255 in extension.
Alternative scenario: below 0.7170 look for further downside with 0.7140 & 0.7105 as targets.
Comment: the RSI is bullish and calls for further upside.

Gold spot Intraday: the downside prevails.

Spoiler:

Pivot: 1242.50
Most Likely Scenario: short positions below 1242.50 with targets @ 1223.00 & 1218.00 in extension.
Alternative scenario: above 1242.50 look for further upside with 1248.00 & 1256.00 as targets.
Comment: the RSI is capped by a declining trend line.

Crude Oil (WTI) (N6) Intraday: further upside.

Spoiler:

Pivot: 48.44
Most Likely Scenario: long positions above 48.44 with targets @ 49.56 & 49.77 in extension.
Alternative scenario: below 48.44 look for further downside with 48.20 & 47.65 as targets.
Comment: the RSI is bullish and calls for further upside.

EUR/USD Intraday: under pressure.

Spoiler:

Pivot: 1.1255
Most Likely Scenario: short positions below 1.1255 with targets @ 1.1175 & 1.1140 in extension.
Alternative scenario: above 1.1255 look for further upside with 1.1290 & 1.1325 as targets.
Comment: the RSI lacks upward momentum.

GBP/USD Intraday: key resistance at 1.4550.

Spoiler:

Pivot: 1.4550
Most Likely Scenario: short positions below 1.4550 with targets @ 1.4440 & 1.4400 in extension.
Alternative scenario: above 1.4550 look for further upside with 1.4615 & 1.4665 as targets.
Comment: as long as 1.4550 is resistance, look for choppy price action with a bearish bias.

USD/JPY Intraday: under pressure.

Spoiler:

Pivot: 109.65
Most Likely Scenario: short positions below 109.65 with targets @ 109.05 & 108.65 in extension.
Alternative scenario: above 109.65 look for further upside with 109.95 & 110.25 as targets.
Comment: the upward potential is likely to be limited by the resistance at 109.65.

AUD/USD Intraday: the downside prevails.

Spoiler:

Pivot: 0.7255
Most Likely Scenario: short positions below 0.7255 with targets @ 0.7160 & 0.7135 in extension.
Alternative scenario: above 0.7255 look for further upside with 0.7275 & 0.7300 as targets.
Comment: the RSI is mixed to bearish.

Gold spot Intraday: under pressure.

Spoiler:

Pivot: 1255.00
Most Likely Scenario: short positions below 1255.00 with targets @ 1237.00 & 1231.00 in extension.
Alternative scenario: above 1255.00 look for further upside with 1260.00 & 1269.00 as targets.
Comment: the RSI lacks upward momentum.

Crude Oil (WTI) (N6) Intraday: under pressure.

Spoiler:

Pivot: 48.34
Most Likely Scenario: short positions below 48.34 with targets @ 47.25 & 46.90 in extension.
Alternative scenario: above 48.34 look for further upside with 48.60 & 48.85 as targets.
Comment: the RSI is mixed with a bearish bias.

EUR/USD Intraday: under pressure.

Spoiler:

Pivot: 1.1255
Most Likely Scenario: short positions below 1.1255 with targets @ 1.1195 & 1.1175 in extension.
Alternative scenario: above 1.1255 look for further upside with 1.1290 & 1.1325 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

GBP/USD Intraday: the downside prevails.

Spoiler:

Pivot: 1.4575
Most Likely Scenario: short positions below 1.4575 with targets @ 1.4465 & 1.4400 in extension.
Alternative scenario: above 1.4575 look for further upside with 1.4615 & 1.4665 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

USD/JPY Intraday: caution.

Spoiler:

Pivot: 109.65
Most Likely Scenario: long positions above 109.65 with targets @ 110.25 & 110.60 in extension.
Alternative scenario: below 109.65 look for further downside with 109.25 & 108.65 as targets.
Comment: the RSI is mixed and calls for caution.

AUD/USD Intraday: further advance.

Spoiler:

Pivot: 0.7210
Most Likely Scenario: long positions above 0.7210 with targets @ 0.7275 & 0.7300 in extension.
Alternative scenario: below 0.7210 look for further downside with 0.7185 & 0.7160 as targets.
Comment: the RSI shows upside momentum.

Gold spot Intraday: under pressure.

Spoiler:

Pivot: 1261.50
Most Likely Scenario: short positions below 1261.50 with targets @ 1244.00 & 1237.00 in extension.
Alternative scenario: above 1261.50 look for further upside with 1269.00 & 1276.00 as targets.
Comment: the RSI lacks upward momentum.

Crude Oil (WTI) (N6) Intraday: rebound expected.

Spoiler:

Pivot: 47.95
Most Likely Scenario: long positions above 47.95 with targets @ 48.85 & 49.28 in extension.
Alternative scenario: below 47.95 look for further downside with 47.56 & 47.25 as targets.
Comment: a support base at 47.95 has formed and has allowed for a temporary stabilisation.

EUR/USD Intraday: the downside prevails.

Spoiler:

Pivot: 1.1255
Most Likely Scenario: short positions below 1.1255 with targets @ 1.1175 & 1.1140 in extension.
Alternative scenario: above 1.1255 look for further upside with 1.1290 & 1.1325 as targets.
Comment: as long as the resistance at 1.1255 is not surpassed, the risk of the break below 1.1175 remains high.

GBP/USD Intraday: intraday support around 1.4560.

Spoiler:

Pivot: 1.4560
Most Likely Scenario: long positions above 1.4560 with targets @ 1.4665 & 1.4710 in extension.
Alternative scenario: below 1.4560 look for further downside with 1.4520 & 1.4465 as targets.
Comment: a support base at 1.4560 has formed and has allowed for a temporary stabilisation.

USD/JPY Intraday: the upside prevails.

Spoiler:

Pivot: 109.25
Most Likely Scenario: long positions above 109.25 with targets @ 110.50 & 111.00 in extension.
Alternative scenario: below 109.25 look for further downside with 108.65 & 108.20 as targets.
Comment: the RSI is mixed to bullish.

AUD/USD Intraday: under pressure.

Spoiler:

Pivot: 0.7245
Most Likely Scenario: short positions below 0.7245 with targets @ 0.7185 & 0.7160 in extension.
Alternative scenario: above 0.7245 look for further upside with 0.7300 & 0.7335 as targets.
Comment: the upward potential is likely to be limited by the resistance at 0.7245.

Gold spot Intraday: key resistance at 1261.50.

Spoiler:

Pivot: 1261.50
Most Likely Scenario: short positions below 1261.50 with targets @ 1244.00 & 1237.30 in extension.
Alternative scenario: above 1261.50 look for further upside with 1269.00 & 1276.00 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1261.50.

Crude Oil (WTI) (M6) Intraday: further advance.

Spoiler:

Pivot: 47.52
Most Likely Scenario: long positions above 47.52 with targets @ 48.97 & 49.58 in extension.
Alternative scenario: below 47.52 look for further downside with 46.72 & 46.20 as targets.
Comment: the RSI broke above a declining trend line.

EUR/USD Intraday: the downside prevails.

Spoiler:

Pivot: 1.1290
Most Likely Scenario: short positions below 1.1290 with targets @ 1.1195 & 1.1170 in extension.
Alternative scenario: above 1.1290 look for further upside with 1.1325 & 1.1350 as targets.
Comment: the RSI advocates for further decline.

GBP/USD Intraday: intraday support around 1.4520.

Spoiler:

Pivot: 1.4520
Most Likely Scenario: long positions above 1.4520 with targets @ 1.4640 & 1.4685 in extension.
Alternative scenario: below 1.4520 look for further downside with 1.4465 & 1.4430 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

USD/JPY Intraday: further advance.

Spoiler:

Pivot: 109.25
Most Likely Scenario: long positions above 109.25 with targets @ 110.50 & 111.00 in extension.
Alternative scenario: below 109.25 look for further downside with 108.65 & 108.20 as targets.
Comment: the RSI shows upside momentum.

AUD/USD Intraday: under pressure.

Spoiler:

Pivot: 0.7260
Most Likely Scenario: short positions below 0.7260 with targets @ 0.7190 & 0.7160 in extension.
Alternative scenario: above 0.7260 look for further upside with 0.7300 & 0.7335 as targets.
Comment: the RSI advocates for further decline.

Gold spot Intraday: under pressure.

Spoiler:

Pivot: 1269.00
Most Likely Scenario: short positions below 1269.00 with targets @ 1253.00 & 1246.00 in extension.
Alternative scenario: above 1269.00 look for further upside with 1274.00 & 1282.00 as targets.
Comment: the RSI is capped by a declining trend line.

Crude Oil (WTI) (M6) Intraday: break of a ST rising trendline support.

Spoiler:

Pivot: 48.96
Most Likely Scenario: short positions below 48.96 with targets @ 46.45 & 45.60 in extension.
Alternative scenario: above 48.96 look for further upside with 49.58 & 50.15 as targets.
Comment: the RSI is mixed with a bearish bias.