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: 1.2980.

Our preference: SHORT positions @ 1.297 with targets @ 1.292 & 1.2875.

Alternative scenario: The upside penetration of 1.298 will call for 1.304 & 1.3105.

Comment: the pair has struck against its resistance and remains on the downside, the RSI stands below its neutrality area and is badly directed.

GBP/USD intraday: intraday support around 1.5065

Pivot: 1.5065.

Our preference: LONG positions above 1.5065 with 1.5145 & 1.518 as next targets.

Alternative scenario: The downside penetration of 1.5065 will call for a slide towards 1.5045 & 1.5005.

Comment: the pair stands above its new support and remains on the upside.

USD/JPY intraday: further upside.

Pivot: 95.00.

Our preference: LONG positions above 95 with 95.85 & 96.25 as next targets.

Alternative scenario: The downside breakout of 95 will open the way to 94.75 & 94.3.

Comment: the pair has struck against its resistance and is facing a pull back ahead of further advance, the RSI stands above its neutrality area.

EUR/JPY intraday: the upside prevails.

Pivot: 122.9

Our preference: Long @ 123 with targets @ 124.05 & 124.65 in extension.

Alternative scenario: Below 122.9 look for further downside with 122.5 & 121.6 as targets.

Comment: the pair has struck against its resistance and is facing a pull back ahead of further advance.

GBP/JPY intraday: the upside prevails.

Pivot: 143.75

Our preference: Long positions above 143.75 with targets @ 144.7 & 145.2 in extension.

Alternative scenario: Below 143.75 look for further downside with 143.2 & 142.65 as targets.

Comment: the pair is facing a pull back on its support ahead of further advance, the RSI stands around its neutrality area.

AUD/USD intraday: bullish bias above 1.034.

Pivot: 1.034

Our preference: Long positions above 1.034 with targets @ 1.0415 & 1.044 in extension.

Alternative scenario: Below 1.034 look for further downside with 1.0305 & 1.0275 as targets.

Comment: the pair has struck against its resistance and should face a weakness on its support ahead of further advance.

Cac 40 (Apr 13) intraday: the downside prevails.

Pivot: 3872

Our preference: SHORT positions below 3872 with 3733 & 3690 as next targets.

Alternative scenario: The upside penetration of 3872 will call for a rebound towards 3905 & 3995.

Comment : as long as 3872 is resistance, look for choppy price action with a bearish bias.

Dax (Jun 13) intraday: choppy.

Pivot: 8050

Our preference: SHORT positions below 8050 with 7915 & 7860 as next targets.

Alternative scenario: The upside breakout of 8050 will open the way to 8090 & 8130.

Comment: as long as 8050 is resistance, look for choppy price action with a bearish bias.

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