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: the downside prevails.

Pivot: 1.3425

Our preference: Short positions below 1.3425 with targets @ 1.3345 & 1.3315 in extension.

Alternative scenario: Above 1.3425 look for further upside with 1.3455 & 1.35 as targets.

Comment: as long as 1.3425 is resistance, look for choppy price action with a bearish bias.

GBP/USD intraday: the downside prevails.

Pivot: 1.578

Our preference: Short positions below 1.578 with targets @ 1.5675 & 1.563 in extension.

Alternative scenario: Above 1.578 look for further upside with 1.584 & 1.588 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1.578.

USD/CHF intraday: bullish bias above 0.915.

Pivot: 0.915

Our preference: Long positions above 0.915 with targets @ 0.922 & 0.925 in extension.

Alternative scenario: Below 0.915 look for further downside with 0.911 & 0.906 as targets.

Comment: a support base at 0.915 has formed and has allowed for a temporary stabilisation.

USD/CAD intraday: the upside prevails.

Pivot: 1.0035

Our preference: Long positions above 1.0035 with targets @ 1.0085 & 1.01 in extension.

Alternative scenario: Below 1.0035 look for further downside with 1 & 0.9985 as targets.

Comment: the immediate trend remains up and the momentum is strong.

Crude Oil (Mar 13) intraday: key ST resistance at 96.5

Pivot: 96.50

Our preference: SHORT positions below 96.5 with 95 & 94.3 as next targets.

Alternative scenario: The upside penetration of 96.5 will call for a rebound towards 97.2 & 98.2.

Comment: the RSI is capped by a bearish trend line.

GOLD (Spot) intraday: the downside prevails.

Pivot: 1684.00

Our preference: SHORT positions below 1684 with 1652 & 1643 as next targets.

Alternative scenario: The upside breakout of 1684 will open the way to 1695 & 1698.

Comment: the RSI is bearish and calls for further decline.

Dow Jones (Mar 13) intraday: the bias remains bullish.

Pivot: 13880

Our preference: LONG positions above 13880 with 14000 & 14035 as next targets.

Alternative scenario: The downside penetration of 13880 will call for a slide towards 13800 & 13740.

Comment: technically, the RSI is above its neutrality area at 50.

S&P 500 (Mar 13) intraday: the upside prevails.

Pivot: 1508

Our preference: LONG positions above 1508 with 1518 & 1522 as next targets.

Alternative scenario: The downside breakout of 1508 will open the way to 1504 & 1496.

Comment: the RSI is above its neutrality area at 50%.

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