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: 1.3365.

Our preference: LONG positions @ 1.338 with targets @ 1.345 & 1.349.

Alternative scenario: The downside breakout of 1.3365 will open the way to 1.3305 & 1.327.

Comment: the pair has broken above its resistance and remains on the upside.

GBP/USD intraday: the bias remains bullish.

Pivot: 1.5605.

Our preference: LONG positions @ 1.5625 with targets @ 1.569 & 1.572.

Alternative scenario: The downside breakout of 1.5605 will open the way to 1.557 & 1.554.

Comment: the pair stands above its support and remains on the upside.

USD/JPY intraday: the upside prevails.

Pivot: 97.00.

Our preference: LONG positions above 97 with 97.85 & 98.3 as next targets.

Alternative scenario: The downside breakout of 97 will open the way to 96.75 & 96.4.

Comment: the pair is rebounding on its support and should post further advance, the RSI is well directed.

EUR/JPY intraday: the bias remains bullish.

Pivot: 130.35

Our preference: Long @ 130.5 with targets @ 131.15 & 131.5 in extension.

Alternative scenario: Below 130.35 look for further downside with 129.85 & 129.4 as targets.

Comment: a support base at 130.35 has formed and has allowed for a temporary stabilisation.

GBP/JPY intraday: rebound.

Pivot: 151.9

Our preference: Long positions above 151.9 with targets @ 153.1 & 153.55 in extension.

Alternative scenario: Below 151.9 look for further downside with 151.45 & 151.1 as targets.

Comment: the pair has rebounded and is breaking above its resistance as the RSI is well directed.

AUD/USD intraday: the downside prevails.

Pivot: 0.91

Our preference: Short positions below 0.91 with targets @ 0.9 & 0.896 in extension.

Alternative scenario: Above 0.91 look for further upside with 0.913 & 0.916 as targets.

Comment: a break below 0.9 would trigger a drop towards 0.896.

Cac 40 (Sep 13) intraday: consolidation.

Pivot: 4050

Our preference: SHORT positions below 4050 with 4010 & 3998 as next targets.

Alternative scenario: The upside breakout of 4050 will open the way to 4068 & 4090.

Comment : the RSI is mixed with a bearish bias.

Dax (Sep 13) intraday: consolidation.

Pivot: 8335

Our preference: SHORT positions below 8335 with targets @ 8240 & 8215.

Alternative scenario: The upside penetration of 8335 will call for a rebound towards 8400 & 8460.

Comment: the RSI is mixed with a bearish bias.

0 comments

You must be logged in to post a comment.

Testimonials - StockExchange.CO