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 upside prevails.

Pivot: 1.298

Our preference: Long positions above 1.298 with targets @ 1.3075 & 1.3115 in extension.

Alternative scenario: Below 1.298 look for further downside with 1.295 & 1.291 as targets.

Comment: the pair is on the upside and is challenging its resistance, the RSI stands above its neutrality area.

GBP/USD intraday: further advance.

Pivot: 1.5065

Our preference: Long positions above 1.5065 with targets @ 1.518 & 1.52 in extension.

Alternative scenario: Below 1.5065 look for further downside with 1.5045 & 1.5005 as targets.

Comment: the pair has broken above its resistance and remains on the upside as the RSI is well directed.

USD/CHF intraday: under pressure.

Pivot: 0.9475

Our preference: Short positions below 0.9475 with targets @ 0.941 & 0.938 in extension.

Alternative scenario: Above 0.9475 look for further upside with 0.95 & 0.953 as targets.

Comment: the pair has broken below its support and should face further weakness as the RSI is badly directed.

USD/CAD intraday: the downside prevails.

Pivot: 1.025

Our preference: Short positions below 1.025 with targets @ 1.0185 & 1.017 in extension.

Alternative scenario: Above 1.025 look for further upside with 1.0275 & 1.0295 as targets.

Comment: the pair stands below its new resistance and remains on the downside.

Crude Oil (Apr 13) intraday: further upside.

Pivot: 91.90

Our preference: LONG positions above 91.9 with 93.5 & 94.45 as next targets.

Alternative scenario: The downside breakout of 91.9 will open the way to 90.8 & 90.2.

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

GOLD (Spot) intraday: up turn.

Pivot: 1576.00

Our preference: LONG positions above 1576 with 1599 & 1609 as next targets.

Alternative scenario: The downside penetration of 1576 will call for a slide towards 1568 & 1561.

Comment: the RSI is above its neutrality area at 50%. The 50 moving average is turning up. A re-test of 1599 seems likely.

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

Pivot: 14400

Our preference: LONG positions above 14400 with 14520 & 14600 as next targets.

Alternative scenario: The downside breakout of 14400 will open the way to 14325 & 14270.

Comment: the RSI is mixed and calls for caution.

S&P 500 (Jun 13) intraday: the bias remains bullish.

Pivot: 1549

Our preference: LONG positions above 1549 with 1560 & 1564 in sight.

Alternative scenario: The downside penetration of 1549 will call for 1540 & 1531.

Comment: supported by a rising trend line.

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