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 1.33

Pivot: 1.3300.

Our preference: LONG positions @ 1.331 with 1.336 & 1.339 in sight.

Alternative scenario: The downside breakout of 1.33 will open the way to 1.3275 & 1.3225.

Comment: the pair is facing a pull back and is challenging its rising trend line.

GBP/USD intraday: the bias remains bullish.

Pivot: 1.5610.

Our preference: LONG positions @ 1.562 with 1.574 & 1.5795 as next targets.

Alternative scenario: The downside penetration of 1.561 will call for 1.5565 & 1.5515.

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

USD/JPY intraday: under pressure.

Pivot: 95.30.

Our preference: SHORT positions below 95.3 with 93.75 & 92.9 as next targets.

Alternative scenario: The upside breakout of 95.3 will open the way to 95.85 & 96.5.

Comment: the pair is rebounding and is challenging a channel upper boundary.

EUR/JPY intraday: key ST resistance at 127.3.

Pivot: 127.3

Our preference: Short @ 127.1 with targets @ 124.9 & 124.25 in extension.

Alternative scenario: Above 127.3 look for further upside with 128 & 129 as targets.

Comment: the pair is posting a rebound but should be capped by its resistance.

GBP/JPY intraday: key ST resistance at 149.4.

Pivot: 149.4

Our preference: Short @ 149.2 with targets @ 147.05 & 146.3 in extension.

Alternative scenario: Above 149.4 look for further upside with 150.65 & 151.95 as targets.

Comment: the pair is rebounding but stands below its resistance, the RSI stands around its neutrality area.

AUD/USD intraday: the upside prevails.

Pivot: 0.956

Our preference: Long positions above 0.956 with targets @ 0.9655 & 0.9685 in extension.

Alternative scenario: Below 0.956 look for further downside with 0.952 & 0.9435 as targets.

Comment: the pair is trading in an ascending channel.

Cac 40 (Jun 13) intraday: rebound expected.

Pivot: 3725

Our preference: LONG positions above 3725 with 3850 & 3881 in sight.

Alternative scenario: The downside breakout of 3725 will open the way to 3680 & 3630.

Comment : An inverted head-and-shoulders is taking shape.

Dax (Jun 13) intraday: rebound expected.

Pivot: 7960

Our preference: LONG positions above 7960 with targets @ 8180 & 8237.

Alternative scenario: The downside penetration of 7960 will call for a slide towards 7900 & 7830.

Comment: the RSI is mixed to bullish.

0 comments

You must be logged in to post a comment.

Testimonials - StockExchange.CO