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 upside prevails.

Pivot: 1.2970.

Our preference: LONG positions @ 1.298 with 1.308 & 1.3105 as next targets.

Alternative scenario: The downside penetration of 1.297 will call for a slide towards 1.2925 & 1.2885.

Comment: the pair stands above its new support (former resistance) and remains on the upside, the RSI is well directed and is not yet overbought.

GBP/USD intraday: the upside prevails.

Pivot: 1.5165.

Our preference: LONG positions above 1.5165 with 1.527 & 1.531 in sight.

Alternative scenario: The downside penetration of 1.5165 will call for a slide towards 1.5105 & 1.5065.

Comment: the pair remains on the upside and is challenging its previous high, the RSI stands above its neutrality area and is well directed.

USD/JPY intraday: key ST resistance at 95.1

Pivot: 95.10.

Our preference: SHORT positions @ 95 with 94.1 & 93.7 as next targets.

Alternative scenario: The upside breakout of 95.1 will open the way to 95.6 & 95.9.

Comment: the pair has struck against its resistance and should face further weakness as the RSI is badly directed.

EUR/JPY intraday: the bias remains bullish.

Pivot: 122.7

Our preference: Long @ 122.8 with targets @ 123.95 & 124.5 in extension.

Alternative scenario: Below 122.7 look for further downside with 122.1 & 121.55 as targets.

Comment: the pair remains on the upside and is challenging its resistance, the RSI stands above its neutrality area and is well directed.

GBP/JPY intraday: the upside prevails.

Pivot: 143.85

Our preference: Long @ 144 with targets @ 144.7 & 145.2 in extension.

Alternative scenario: Below 143.85 look for further downside with 143.45 & 142.95 as targets.

Comment: the pair remains on the upside and is challenging its intermediary resistance, the RSI stands above its neutrality area and is well directed.

AUD/USD intraday: the bias remains bullish.

Pivot: 1.0415

Our preference: Long positions above 1.0415 with targets @ 1.0465 & 1.0495 in extension.

Alternative scenario: Below 1.0415 look for further downside with 1.0385 & 1.036 as targets.

Comment: the pair remains on the upside and is challenging its resistance, the RSI stands above its neutrality area and remains well directed.

Cac 40 (Apr 13) intraday: target 3835

Pivot: 3745

Our preference: LONG positions above 3745 with 3835 & 3866 in sight.

Alternative scenario: The downside penetration of 3745 will call for 3709 & 3655.

Comment : the RSI is bullish and calls for further advance.

Dax (Jun 13) intraday: target 8050

Pivot: 7860

Our preference: LONG positions above 7860 with 8050 & 8090 as next targets.

Alternative scenario: The downside penetration of 7860 will call for 7790 & 7685.

Comment: the RSI is bullish and calls for further upside.

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