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: further advance.

Pivot: 1.3565.

Our preference: LONG positions @ 1.3575 with 1.3635 & 1.367 as next targets.

Alternative scenario: The downside breakout of 1.3565 will open the way to 1.3525 & 1.3475.

Comment: the pair has broken above its resistance and remains supported by a rising trend line, the RSI is well directed but is approaching its overbought area.

GBP/USD intraday: bullish bias above 1.5815

Pivot: 1.5815.

Our preference: LONG positions @ 1.5825 with 1.589 & 1.5915 in sight.

Alternative scenario: The downside penetration of 1.5815 will call for 1.577 & 1.5725.

Comment: the pair remains on the upside and is approaching its next intermediary resistance, the RSI stands above its neutral area and remains well directed.

USD/JPY intraday: the upside prevails.

Pivot: 91.25.

Our preference: LONG positions @ 91.35 with 92.35 & 92.6 as next targets.

Alternative scenario: The downside penetration of 91.25 will call for a slide towards 90.75 & 90.5.

Comment: the pair has broken above its resistance and should post further advance as the RSI remains well directed.

EUR/JPY intraday: further advance.

Pivot: 123.95

Our preference: Long @ 124.05 with targets @ 125.85 & 126.5 in extension.

Alternative scenario: Below 123.95 look for further downside with 122.95 & 122.5 as targets.

Comment: the pair has validated a bullish flag and remains on the upside but the RSI stands within the overbought area, a pull back should not be ruled out.

GBP/JPY intraday: further advance.

Pivot: 144.25

Our preference: Long @ 144.4 with targets @ 146.5 & 147.3 in extension.

Alternative scenario: Below 144.25 look for further downside with 143.35 & 142.4 as targets.

Comment: the pair has broken above its resistance and should post further advance, the RSI is well directed but stands within its overbought area.

AUD/USD intraday: under pressure.

Pivot: 1.042

Our preference: Short positions below 1.042 with targets @ 1.038 & 1.036 in extension.

Alternative scenario: Above 1.042 look for further upside with 1.045 & 1.0475 as targets.

Comment: the pair remains on the downside and is challenging its support, the RSI is badly directed.

Cac 40 (Feb 13) intraday: consolidation.

Pivot: 3760

Our preference: SHORT positions below 3760 with 3715 & 3700 as next targets.

Alternative scenario: The upside breakout of 3760 will open the way to 3773 & 3794.

Comment : technically, the RSI is below its neutrality area at 50.

Dax (Mar 13) intraday: target 7866

Pivot: 7753

Our preference: LONG positions above 7753 with 7845 & 7866 in sight.

Alternative scenario: The downside penetration of 7753 will call for 7687 & 7635.

Comment: the RSI is mixed to bullish.

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