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: key ST resistance at 1.551

Pivot: 1.5510.

Our preference: SHORT positions below 1.551 with 1.541 & 1.534 in sight.

Alternative scenario: The upside penetration of 1.551 will call for a rebound towards 1.555 & 1.56.

Comment: the pair stands below its new strong resistance and remains under pressure, the RSI lacks upward momentum.

USD/JPY intraday: the bias remains bullish.

Pivot: 93.25.

Our preference: LONG positions above 93.25 with 94.45 & 95 in sight.

Alternative scenario: The downside penetration of 93.25 will call for a slide towards 92.75 & 92.15.

Comment: the pair is facing a pull back on its support ahead of a rebound, the RSI stands above its oversold area and is turning up.

EUR/JPY intraday: intraday support around 124.55.

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 facing a pull back on its support ahead of further advance, the RSI stands above its oversold area and is turning up.

GBP/JPY intraday: caution.

Pivot: 144.75

Our preference: Long positions above 144.75 with targets @ 145.9 & 146.55 in extension.

Alternative scenario: Below 144.75 look for further downside with 143.65 & 142.7 as targets.

Comment: the pair is facing a pull back and is challenging its support, the RSI is mixed and calls for caution.

AUD/USD intraday: key ST resistance at 1.033.

Pivot: 1.033

Our preference: Short positions below 1.033 with targets @ 1.027 & 1.0255 in extension.

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

Comment: the pair is challenging its resistance (former support), the RSI calls for caution.

Cac 40 (Mar 13) intraday: consolidation.

Pivot: 3695

Our preference: SHORT positions below 3695 with 3641 & 3625 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 7570 & 7537 as next targets.

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

Comment: the RSI is mixed to bearish.

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