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 @ 1.3285 with 1.3235 & 1.321 as next targets.

Alternative scenario: The upside breakout of 1.33 will open the way to 1.3335 & 1.337.

Comment: the pair stands below its strong resistance and remains under pressure.

GBP/USD intraday: under pressure.

Pivot: 1.5290.

Our preference: SHORT positions @ 1.528 with 1.5215 & 1.517 as next targets.

Alternative scenario: The upside penetration of 1.529 will call for 1.535 & 1.543.

Comment: the pair has broken below its support and remains under pressure as the RSI is capped by a declining trend line.

USD/JPY intraday: key ST resistance at 98.4

Pivot: 98.40.

Our preference: SHORT positions below 98.4 with 97.6 & 97.2 as next targets.

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

Comment: the pair stands below its strong resistance and remains under pressure.

EUR/JPY intraday: the downside prevails.

Pivot: 130.85

Our preference: Short positions below 130.85 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 stands below its resistance and remains under pressure.

GBP/JPY intraday: the downside prevails.

Pivot: 150.5

Our preference: Short positions below 150.5 with targets @ 148.7 & 148.2 in extension.

Alternative scenario: Above 150.5 look for further upside with 151.25 & 151.75 as targets.

Comment: the pair stands below its new resistance and remains on the downside.

AUD/USD intraday: the downside prevails.

Pivot: 0.9075

Our preference: Short positions below 0.9075 with targets @ 0.8995 & 0.896 in extension.

Alternative scenario: Above 0.9075 look for further upside with 0.914 & 0.921 as targets.

Comment: the 50-persiod moving average (in blue) maintains a downside pressure and technically, the RSI is below its neutrality area at 50.

Cac 40 (Aug 13) intraday: caution.

Pivot: 3960

Our preference: LONG positions above 3960 with 4000 & 4032 in sight.

Alternative scenario: The downside breakout of 3960 will open the way to 3921 & 3900.

Comment : A symmetrical triangle is taking shape.

Dax (Sep 13) intraday: caution.

Pivot: 8240

Our preference: LONG positions above 8240 with 8300 & 8325 as next targets.

Alternative scenario: The downside penetration of 8240 will call for 8185 & 8138.

Comment: the RSI is mixed and calls for caution.

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