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: bullish bias above 1.3215
Pivot: 1.3215.

Our preference: LONG positions above 1.3215 with targets @ 1.33 & 1.337.

Alternative scenario: The downside penetration of 1.3215 will call for a slide towards 1.3175 & 1.315.

Comment: the upside breakout of 1.3255 maintains a bullish bias while the pair is trading in a Broadening Formation

GBP/USD intraday: further advance.
Pivot: 1.5330.

Our preference: LONG positions above 1.533 with 1.543 & 1.5485 as next targets.

Alternative scenario: The downside penetration of 1.533 will call for a slide towards 1.5295 & 1.526.

Comment: the pair validated a Broadening Formation calling for further upside.

USD/JPY intraday: capped by a negative trend line.
Pivot: 99.30.

Our preference: SHORT positions @ 99.1 with 98.2 & 97.85 in sight.

Alternative scenario: The upside breakout of 99.3 will open the way to 100 & 100.4.

Comment: the pair has broken below a rising trend line and is capped by a declining trend line.

EUR/JPY intraday: under pressure.
Pivot: 132

Our preference: Short positions below 132 with targets @ 130.6 & 130 in extension.

Alternative scenario: Above 132 look for further upside with 132.7 & 133.45 as targets.

Comment: the RSI is badly directed.

GBP/JPY intraday: under pressure.
Pivot: 153.15

Our preference: Short positions below 153.15 with targets @ 151.5 & 151 in extension.

Alternative scenario: Above 153.15 look for further upside with 154 & 154.6 as targets.

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

AUD/USD intraday: continuation of the rebound.
Pivot: 0.9195

Our preference: Long positions above 0.9195 with targets @ 0.9305 & 0.934 in extension.

Alternative scenario: Below 0.9195 look for further downside with 0.913 & 0.9085 as targets.

Comment: the RSI is bullish and calls for further advance.

Cac 40 (Aug 13) intraday: the upside prevails.
Pivot: 3920

Our preference: LONG positions above 3920 with 4000 & 4032 as next targets.

Alternative scenario: The downside penetration of 3920 will call for 3900 & 3885.

Comment : the RSI is bullish and calls for further upside.

Dax (Sep 13) intraday: consolidation.
Pivot: 8415

Our preference: SHORT positions below 8415 with targets @ 8265 & 8210.

Alternative scenario: The upside penetration of 8415 will call for a rebound towards 8460 & 8560.

Comment: the RSI is mixed and calls for caution.

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