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: the downside prevails.

Pivot: 1.3150.

Our preference: SHORT positions @ 1.313 with 1.305 & 1.299 in sight.

Alternative scenario: The upside breakout of 1.315 will open the way to 1.319 & 1.323.

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

GBP/USD intraday: the bias remains bullish.

Pivot: 1.5385.

Our preference: LONG positions @ 1.54 with 1.5485 & 1.553 as next targets.

Alternative scenario: The downside penetration of 1.5385 will call for 1.534 & 1.531.

Comment: the pair should post a rebound on its support as the RSI is reversing up.

USD/JPY intraday: under pressure.

Pivot: 98.30.

Our preference: SHORT positions @ 98.2 with 97.3 & 96.8 in sight.

Alternative scenario: The upside breakout of 98.3 will open the way to 98.7 & 99.25.

Comment: the pair has struck against its resistance and remains under pressure, the RSI is badly directed.

EUR/JPY intraday: the downside prevails.

Pivot: 128.6

Our preference: Short @ 128.4 with targets @ 127.2 & 126.8 in extension.

Alternative scenario: Above 128.6 look for further upside with 129.2 & 129.55 as targets.

Comment: the pair has struck against its resistance and remains under pressure.

GBP/JPY intraday: bullish bias above 149.7.

Pivot: 149.7

Our preference: Long positions above 149.7 with targets @ 151.45 & 151.95 in extension.

Alternative scenario: Below 149.7 look for further downside with 148.85 & 148.25 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

AUD/USD intraday: the bias remains bullish.

Pivot: 0.919

Our preference: Long positions above 0.919 with targets @ 0.931 & 0.938 in extension.

Alternative scenario: Below 0.919 look for further downside with 0.9145 & 0.905 as targets.

Comment: the RSI is supported by a rising trend line.

Cac 40 (Jul 13) intraday: intraday support around 3600

Pivot: 3600

Our preference: LONG positions above 3600 with 3685 & 3735 in sight.

Alternative scenario: The downside penetration of 3600 will call for a slide towards 3550 & 3480.

Comment : intraday technical indicators are mixed and call for caution. We close our position

Dax (Sep 13) intraday: intraday support around 7705

Pivot: 7705

Our preference: LONG positions above 7705 with 7877 & 7990 in sight.

Alternative scenario: The downside penetration of 7705 will call for a slide towards 7620 & 7570.

Comment: the RSI is mixed and calls for caution. We close our position

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