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: 1.3145.

Our preference: SHORT positions @ 1.3135 with 1.304 & 1.299 in sight.

Alternative scenario: The upside penetration of 1.3145 will call for a rebound towards 1.3205 & 1.325.

Comment: the pair stands below its resistance and remains on the downside, the RSI has broken below a rising trend line and remains badly directed.

GBP/USD intraday: key ST resistance at 1.523
Pivot: 1.5230.

Our preference: SHORT positions @ 1.522 with 1.512 & 1.508 as next targets.

Alternative scenario: The upside penetration of 1.523 will call for a rebound towards 1.528 & 1.533.

Comment: the pair is rebounding and is approaching its new resistance ahead of further weakness, the RSI lacks upward momentum and is reversing down.

USD/JPY intraday: the downside prevails.
Pivot: 92.75.

Our preference: SHORT positions @ 92.65 with 91.75 & 91.5 as next targets.

Alternative scenario: The upside penetration of 92.75 will call for a rebound towards 93.1 & 93.55.

Comment: the pair has struck against its resistance and remains on the downside, the RSI stands below its neutrality area and is badly directed.

EUR/JPY intraday: under pressure.
Pivot: 121.4

Our preference: Short positions below 121.4 with targets @ 118.6 & 117.7 in extension.

Alternative scenario: Above 121.4 look for further upside with 122.25 & 123.1 as targets.

Comment: the pair has struck against its new resistance and should face further weakness as the RSI stands below its neutrality area and remains badly directed.

GBP/JPY intraday: key ST resistance at 141.25.
Pivot: 141.25

Our preference: Short positions below 141.25 with targets @ 139.15 & 137.7 in extension.

Alternative scenario: Above 141.25 look for further upside with 142.9 & 144.2 as targets.

Comment: the pair is posting a rebound but stands below its new resistance, the RSI stands below its neutrality area and remains under pressure.

AUD/USD intraday: capped by a negative trend line.
Pivot: 1.0315

Our preference: Short positions below 1.0315 with targets @ 1.024 & 1.0215 in extension.

Alternative scenario: Above 1.0315 look for further upside with 1.034 & 1.0365 as targets.

Comment: the pair is capped by a declining trend line currently around 1.0315.

Cac 40 (Mar 13) intraday: under pressure.
Pivot: 3700

Our preference: SHORT positions below 3700 with 3593 & 3520 as next targets.

Alternative scenario: The upside penetration of 3700 will call for 3785 & 3860.

Comment : the RSI is badly directed.

Dax (Mar 13) intraday: under pressure.
Pivot: 7860

Our preference: SHORT positions below 7860 with 7570 & 7537 as next targets.

Alternative scenario: The upside penetration of 7860 will call for 7888 & 8000.

the RSI calls for a new downleg.

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