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 bias remains bullish.

Pivot: 1.3095.

Our preference: LONG positions above 1.3095 with 1.3155 & 1.318 as next targets.

Alternative scenario: The downside penetration of 1.3095 will call for a slide towards 1.3075 & 1.3035.

Comment: the pair remains on the upside and is approacing its next resistance (former support).

GBP/USD intraday: the bias remains bullish.

Pivot: 1.5540.

Our preference: LONG positions above 1.554 with targets @ 1.5605 & 1.5635.

Alternative scenario: The downside penetration of 1.554 will call for a slide towards 1.551 & 1.547.

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

USD/JPY intraday: the upside prevails.

Pivot: 98.40.

Our preference: LONG positions above 98.4 with targets @ 99.2 & 99.5.

Alternative scenario: The downside breakout of 98.4 will open the way to 98.1 & 97.85.

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

EUR/JPY intraday: the upside prevails.

Pivot: 129.45

Our preference: Long positions above 129.45 with targets @ 130.4 & 130.65 in extension.

Alternative scenario: Below 129.45 look for further downside with 128.9 & 128.35 as targets.

Comment: the pair remains on the upside and is approaching its next resistance.

GBP/JPY intraday: further advance.

Pivot: 153.7

Our preference: Long positions above 153.7 with targets @ 154.85 & 155.4 in extension.

Alternative scenario: Below 153.7 look for further downside with 153.25 & 152.7 as targets.

Comment: the pair has broken above its previous high and should post further advance.

AUD/USD intraday: bullish bias above 1.027.

Pivot: 1.027

Our preference: Long positions above 1.027 with targets @ 1.032 & 1.0355 in extension.

Alternative scenario: Below 1.027 look for further downside with 1.024 & 1.022 as targets.

Comment: a support base at 1.027 has formed and has allowed for a temporary stabilisation.

Cac 40 (May 13) intraday: target 3915

Pivot: 3773

Our preference: LONG positions @ 3835 with targets @ 3895 & 3915.

Alternative scenario: The downside breakout of 3773 will open the way to 3732 & 3697.

Comment : the index pushed above an intraday resistance threshold at 3835 points.

Dax (Jun 13) intraday: the upside prevails.

Pivot: 7893

Our preference: LONG positions above 7893 with 8155 & 8290 in sight.

Alternative scenario: The downside penetration of 7893 will call for 7780 & 7660.

Comment: the immediate trend remains up and the momentum is strong.

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