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: key ST resistance at 1.303

Pivot: 1.3030.

Our preference: SHORT positions below 1.303 with targets @ 1.295 & 1.2915.

Alternative scenario: The upside penetration of 1.303 will call for 1.306 & 1.309.

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

GBP/USD intraday: bullish bias above 1.515

Pivot: 1.5150.

Our preference: LONG positions @ 1.516 with targets @ 1.524 & 1.526.

Alternative scenario: The downside breakout of 1.515 will open the way to 1.511 & 1.507.

Comment: the pair remains on the upside and is approaching its previous high.

USD/JPY intraday: key ST resistance at 101.3

Pivot: 101.30.

Our preference: SHORT positions @ 101.15 with targets @ 100.1 & 99.7.

Alternative scenario: The upside penetration of 101.3 will call for a rebound towards 101.8 & 102.2.

Comment: the pair remains under pressure and is challenging its support, the RSI is badly directed.

EUR/JPY intraday: under pressure.

Pivot: 131.35

Our preference: Short @ 131.2 with targets @ 130.2 & 129.9 in extension.

Alternative scenario: Above 131.35 look for further upside with 131.75 & 132.15 as targets.

Comment: the pair stands below its new resistance and remains under pressure as the RSI is capped by a declining trend line.

GBP/JPY intraday: key ST resistance at 153.6.

Pivot: 153.6

Our preference: Short @ 153.45 with targets @ 152.3 & 151.9 in extension.

Alternative scenario: Above 153.6 look for further upside with 154.05 & 154.65 as targets.

Comment: the pair stands below its new resistance and remains under pressure, the RSI is reversing down.

AUD/USD intraday: the upside prevails.

Pivot: 0.9545

Our preference: Long positions above 0.9545 with targets @ 0.9655 & 0.9695 in extension.

Alternative scenario: Below 0.9545 look for further downside with 0.95 & 0.944 as targets.

Comment: the pair is rebounding and is approaching its resistance, the RSI is well directed.

Cac 40 (Jun 13) intraday: consolidation.

Pivot: 3980

Our preference: SHORT positions below 3980 with targets @ 3893 & 3877.

Alternative scenario: The upside penetration of 3980 will call for 4022 & 4059.

Comment : the RSI is badly directed.

Dax (Jun 13) intraday: range.

Pivot: 8260

Our preference: LONG positions above 8260 with 8404 & 8420 as next targets.

Alternative scenario: The downside penetration of 8260 will call for 8215 & 8129.

Comment: intraday technical indicators lack momentum.

0 comments

You must be logged in to post a comment.

Testimonials - StockExchange.CO