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: under pressure.

Pivot: 1.3300.

Our preference: SHORT positions @ 1.329 with 1.3235 & 1.321 in sight.

Alternative scenario: The upside penetration of 1.33 will call for 1.3335 & 1.337.

Comment: the pair remains under pressure and is challenging its support.

GBP/USD intraday: under pressure.

Pivot: 1.5390.

Our preference: SHORT positions @ 1.538 with targets @ 1.5295 & 1.526.

Alternative scenario: The upside breakout of 1.539 will open the way to 1.543 & 1.5485.

Comment: the pair has broken below its support and remains under pressure.

USD/JPY intraday: caution.

Pivot: 98.40.

Our preference: SHORT positions below 98.4 with targets @ 97.5 & 97.2.

Alternative scenario: The upside penetration of 98.4 will call for a rebound towards 99 & 99.35.

Comment: the pair is rebounding and is challenging its resistance, caution.

EUR/JPY intraday: the downside prevails.

Pivot: 130.85

Our preference: Short @ 130.7 with targets @ 129.4 & 128.85 in extension.

Alternative scenario: Above 130.85 look for further upside with 131.5 & 132.3 as targets.

Comment: the pair is rebounding but stands below its resistance, the RSI lacks upward momentum.

GBP/JPY intraday: key ST resistance at 151.25.

Pivot: 151.25

Our preference: Short @ 151.1 with targets @ 149.7 & 149.4 in extension.

Alternative scenario: Above 151.25 look for further upside with 151.75 & 152.15 as targets.

Comment: the pair is rebounding but stands below its resistance, the RSI lacks upward momentum.

AUD/USD intraday: the downside prevails.

Pivot: 0.917

Our preference: Short positions below 0.917 with targets @ 0.906 & 0.903 in extension.

Alternative scenario: Above 0.917 look for further upside with 0.921 & 0.9255 as targets.

Comment: the RSI has broken down its 30 level.

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

Pivot: 3955

Our preference: LONG positions above 3955 with 4000 & 4032 as next targets.

Alternative scenario: The downside penetration of 3955 will call for 3921 & 3900.

Comment : the RSI is mixed to bullish.

Dax (Sep 13) intraday: bounce.

Pivot: 8240

Our preference: LONG positions above 8240 with 8350 & 8375 in sight.

Alternative scenario: The downside breakout of 8240 will open the way to 8185 & 8138.

Comment: the RSI calls for a rebound

0 comments

You must be logged in to post a comment.

Testimonials - StockExchange.CO