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 downside prevails.

Pivot: 1.3380.

Our preference: SHORT positions below 1.338 with 1.3305 & 1.326 in sight.

Alternative scenario: The upside breakout of 1.338 will open the way to 1.3415 & 1.344.

Comment: the pair stands below its new strong resistance and remains under pressure, the RSI stands around its neutrality area.

GBP/USD intraday: capped by a negative trend line.

Pivot: 1.5545.

Our preference: SHORT positions below 1.5545 with 1.545 & 1.541 as next targets.

Alternative scenario: The upside breakout of 1.5545 will open the way to 1.56 & 1.5635.

Comment: the pair remains capped by a declining trend line and remains under pressure, the RSI stands below its neutrality area.

USD/JPY intraday: further upside.

Pivot: 93.25.

Our preference: LONG positions above 93.25 with targets @ 94.45 & 95.

Alternative scenario: The downside breakout of 93.25 will open the way to 92.75 & 92.15.

Comment: the pair remains on the upside and is approaching its next resistance, the RSI stands above its neutrality area and is turning up.

EUR/JPY intraday: the upside prevails.

Pivot: 124.55

Our preference: Long positions above 124.55 with targets @ 126.15 & 126.9 in extension.

Alternative scenario: Below 124.55 look for further downside with 123.6 & 122.9 as targets.

Comment: the pair is on the upside and is approaching a channel upper boundary, a pull back should therefore not be ruled out ahead of further advance.

GBP/JPY intraday: the upside prevails.

Pivot: 144.4

Our preference: Long positions above 144.4 with targets @ 145.9 & 146.55 in extension.

Alternative scenario: Below 144.4 look for further downside with 143.65 & 142.7 as targets.

Comment: the pair has struck against its resistance but remains on the upside, further advance is likely as the RSI stands above its neutrality area.

AUD/USD intraday: the downside prevails.

Pivot: 1.033

Our preference: Short positions below 1.033 with targets @ 1.0255 & 1.022 in extension.

Alternative scenario: Above 1.033 look for further upside with 1.037 & 1.04 as targets.

Comment: the pair is posting a rebound but stands below its new resistance (former support) and remains under pressure.

Cac 40 (Mar 13) intraday: consolidation.

Pivot: 3695

Our preference: SHORT positions below 3695 with 3625 & 3607 as next targets.

Alternative scenario: The upside breakout of 3695 will open the way to 3709 & 3725.

Comment : the RSI is mixed to bearish.

Dax (Mar 13) intraday: consolidation.

Pivot: 7650

Our preference: SHORT positions below 7650 with targets @ 7548 & 7537.

Alternative scenario: The upside penetration of 7650 will call for 7691 & 7735.

Comment: the RSI is mixed to bearish.

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