EUR/USD GBP/USD USD/CHF USD/CAD CRUDE OIL GOLD DOWJONES S&P 500
Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out.

EUR/USD intraday: under pressure.

Pivot: 1.314

Our preference: Short positions below 1.314 with targets @ 1.299 & 1.295 in extension.

Alternative scenario: Above 1.314 look for further upside with 1.3205 & 1.325 as targets.

Comment: the pair is posting a rebound but stands below its resistance.

GBP/USD intraday: rebound.

Pivot: 1.505

Our preference: Long positions above 1.505 with targets @ 1.52 & 1.5235 in extension.

Alternative scenario: Below 1.505 look for further downside with 1.5 & 1.491 as targets.

Comment: the pair is rebounding on its support.

USD/CHF intraday: caution.

Pivot: 0.953

Our preference: Short positions below 0.953 with targets @ 0.94 & 0.936 in extension.

Alternative scenario: Above 0.953 look for further upside with 0.958 & 0.962 as targets.

Comment: the pair is rebounding and is challenging its resistance, caution.

USD/CAD intraday: the downside prevails.

Pivot: 1.042

Our preference: Short positions below 1.042 with targets @ 1.0325 & 1.0285 in extension.

Alternative scenario: Above 1.042 look for further upside with 1.047 & 1.052 as targets.

Comment: the pair is rebounding but stands below its resistance.

Crude Oil (Aug 13) intraday: the bias remains bullish.

Pivot: 104.00

Our preference: LONG positions above 104 with targets @ 107.8 & 110.

Alternative scenario: The downside penetration of 104 will call for a slide towards 102 & 100.5.

Comment: supported by a rising trend line.

GOLD (Spot) intraday: the bias remains bullish.

Pivot: 1247.00

Our preference: LONG positions @ 1265 with targets @ 1300 & 1327.

Alternative scenario: The downside penetration of 1247 will call for 1228 & 1208.

Comment: the price cleared a resistance at 1267. Eye an extension of the recovery towards 1327.

Dow Jones (Sep 13) intraday: further upside.

Pivot: 15190

Our preference: LONG positions above 15190 with targets @ 15490 & 15560.

Alternative scenario: The downside breakout of 15190 will open the way to 15060 & 14910.

Comment: the RSI is bullish and calls for further upside.

S&P 500 (Sep 13) intraday: further advance.

Pivot: 1640

Our preference: LONG positions above 1640 with 1680 & 1685 in sight.

Alternative scenario: The downside penetration of 1640 will call for 1623 & 1609.

Comment : the RSI is supported by a bullish trend line.

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