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: 1.3330.

Our preference: LONG positions above 1.333 with targets @ 1.341 & 1.345.

Alternative scenario: The downside breakout of 1.333 will open the way to 1.3295 & 1.327.

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

GBP/USD intraday: under pressure.

Pivot: 1.5605.

Our preference: SHORT positions below 1.5605 with targets @ 1.5535 & 1.5515.

Alternative scenario: The upside breakout of 1.5605 will open the way to 1.5635 & 1.5665.

Comment: the pair stands below its resistance and remains under pressure.

USD/JPY intraday: under pressure.

Pivot: 98.55.

Our preference: SHORT positions @ 98.4 with targets @ 97.75 & 97.5.

Alternative scenario: The upside breakout of 98.55 will open the way to 98.8 & 99.1.

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

EUR/JPY intraday: consolidation.

Pivot: 131.95

Our preference: Short positions below 131.95 with targets @ 131 & 130.35 in extension.

Alternative scenario: Above 131.95 look for further upside with 132.35 & 132.7 as targets.

Comment: the pair remains on the downside and should face further weakness as the RSI is badly directed.

GBP/JPY intraday: under pressure.

Pivot: 153.7

Our preference: Short positions below 153.7 with targets @ 152.55 & 152.05 in extension.

Alternative scenario: Above 153.7 look for further upside with 154 & 154.6 as targets.

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

AUD/USD intraday: break of a ST rising trendline support.

Pivot: 0.904

Our preference: Short positions below 0.904 with targets @ 0.896 & 0.893 in extension.

Alternative scenario: Above 0.904 look for further upside with 0.907 & 0.91 as targets.

Comment: the pair has broken below a rising trend line and remains on the downside.

Cac 40 (Sep 13) intraday: caution.

Pivot: 4008

Our preference: LONG positions above 4008 with 4080 & 4105 in sight.

Alternative scenario: The downside breakout of 4008 will open the way to 3966 & 3925.

Comment : the RSI is mixed and calls for caution.

Dax (Sep 13) intraday: caution.

Pivot: 8360

Our preference: LONG positions above 8360 with 8460 & 8530 as next targets.

Alternative scenario: The downside breakout of 8360 will open the way to 8315 & 8270.

Comment: prices aim the upper boundary of the trading-range set between 8245 & 8460.

0 comments

You must be logged in to post a comment.

Testimonials - StockExchange.CO