EUR/USD GBP/USD USD/JPY EUR/JPY GBP/JPY AUD/USD CAC 40 DAX
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: 1.3015.

Our preference: LONG positions above 1.3015 with targets @ 1.3085 & 1.3105.

Alternative scenario: The downside penetration of 1.3015 will call for 1.2995 & 1.297.

Comment: the pair is breaking above its resistance and should post further advance.

GBP/USD intraday: further advance.

Pivot: 1.5445.

Our preference: LONG positions above 1.5445 with 1.554 & 1.5565 as next targets.

Alternative scenario: The downside breakout of 1.5445 will open the way to 1.541 & 1.537.

Comment: the pair has broken above a resistance and remains on the upside, while the RSI stays bullish.

USD/JPY intraday: watch 97.2

Pivot: 98.45.

Our preference: SHORT positions below 98.45 with 97.2 & 96.55 in sight.

Alternative scenario: The upside penetration of 98.45 will call for 98.95 & 99.6.

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

EUR/JPY intraday: the downside prevails.

Pivot: 128.1

Our preference: Short positions below 128.1 with targets @ 126.9 & 126.4 in extension.

Alternative scenario: Above 128.1 look for further upside with 128.8 & 129.9 as targets.

Comment: the pair stands below its new resistance (former support) and remains under pressure.

GBP/JPY intraday: the downside prevails.

Pivot: 151.75

Our preference: Short positions below 151.75 with targets @ 150.8 & 150.4 in extension.

Alternative scenario: Above 151.75 look for further upside with 152.2 & 152.8 as targets.

Comment: the pair is posting a rebound but stands below its resistance, the RSI stands below its neutrality area.

AUD/USD intraday: supported by a rising trend line.

Pivot: 1.028

Our preference: Long @ 1.0295 with targets @ 1.0335 & 1.0355 in extension.

Alternative scenario: Below 1.028 look for further downside with 1.0255 & 1.023 as targets.

Comment: the pair is supported by a rising trend line.

Cac 40 (May 13) intraday: target 3800

Pivot: 3723

Our preference: LONG positions above 3723 with 3800 & 3850 as next targets.

Alternative scenario: The downside penetration of 3723 will call for a slide towards 3697 & 3655.

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

Dax (Jun 13) intraday: towards 7895

Pivot: 7745

Our preference: LONG positions above 7745 with targets @ 7865 & 7895.

Alternative scenario: The downside penetration of 7745 will call for a slide towards 7685 & 7660.

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

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