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: supported by a rising trend line.

Pivot: 1.3355

Our preference: Long positions above 1.3355 with targets @ 1.343 & 1.348 in extension.

Alternative scenario: Below 1.3355 look for further downside with 1.333 & 1.33 as targets.

Comment: the pair remains supported by a rising trend line and is challenging its resistance.

GBP/USD intraday: key ST resistance at 1.568.

Pivot: 1.568

Our preference: Short positions below 1.568 with targets @ 1.56 & 1.5565 in extension.

Alternative scenario: Above 1.568 look for further upside with 1.572 & 1.575 as targets.

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

USD/CHF intraday: under pressure.

Pivot: 0.923

Our preference: Short positions below 0.923 with targets @ 0.917 & 0.9125 in extension.

Alternative scenario: Above 0.923 look for further upside with 0.927 & 0.93 as targets.

Comment: the pair has struck against its resistance and remains under pressure.

USD/CAD intraday: bullish bias above 1.019.

Pivot: 1.019

Our preference: Long positions above 1.019 with targets @ 1.025 & 1.028 in extension.

Alternative scenario: Below 1.019 look for further downside with 1.0145 & 1.01 as targets.

Comment: the RSI lacks downward momentum.

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

Pivot: 98.45

Our preference: LONG positions above 98.45 with 99.45 & 100 in sight.

Alternative scenario: The downside breakout of 98.45 will open the way to 97.6 & 96.6.

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

GOLD (Spot) intraday: the downside prevails.

Pivot: 1378.00

Our preference: SHORT positions below 1378 with 1354 & 1338 in sight.

Alternative scenario: The upside penetration of 1378 will call for a rebound towards 1394 & 1402.

Comment: as long as 1378 is resistance, likely decline to 1354.

Dow Jones (Sep 13) intraday: the upside prevails.

Pivot: 15095

Our preference: LONG positions above 15095 with 15320 & 15425 in sight.

Alternative scenario: The downside breakout of 15095 will open the way to 14970 & 14900.

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

S&P 500 (Sep 13) intraday: bullish bias above 1626

Pivot: 1626

Our preference: LONG positions above 1626 with 1655 & 1667 in sight.

Alternative scenario: The downside penetration of 1626 will call for 1617 & 1603.

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

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