EUR/USD GBP/USD USD/CHF USD/CAD CRUDE OIL GOLD DOWJONES S&P 500
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: 1.306

Our preference: Long positions above 1.306 with targets @ 1.3135 & 1.316 in extension.

Alternative scenario: Below 1.306 look for further downside with 1.303 & 1.2995 as targets.

Comment: the pair is supported by a rising trend line and is challenging its previous high.

GBP/USD intraday: key ST resistance at 1.536.

Pivot: 1.536

Our preference: Short positions below 1.536 with targets @ 1.5285 & 1.5245 in extension.

Alternative scenario: Above 1.536 look for further upside with 1.541 & 1.545 as targets.

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

USD/CHF intraday: the downside prevails.

Pivot: 0.9365

Our preference: Short positions below 0.9365 with targets @ 0.927 & 0.923 in extension.

Alternative scenario: Above 0.9365 look for further upside with 0.939 & 0.9435 as targets.

Comment: the pair is breaking below its support and should face further weakness as the RSI is badly directed.

USD/CAD intraday: under pressure.

Pivot: 1.0185

Our preference: Short positions below 1.0185 with targets @ 1.014 & 1.012 in extension.

Alternative scenario: Above 1.0185 look for further upside with 1.0215 & 1.0235 as targets.

Comment: the pair remains under pressure and is challenging its support, the RSI stands below its neutrality area and is badly directed.

Crude Oil (May 13) intraday: further upside.

Pivot: 93.40

Our preference: LONG positions above 93.4 with 94.4 & 94.8 as next targets.

Alternative scenario: The downside breakout of 93.4 will open the way to 92.9 & 91.9.

Comment: the RSI is mixed and calls for caution.

GOLD (Spot) intraday: bullish bias above 1576

Pivot: 1576.00

Our preference: LONG positions above 1576 with 1591 & 1603 in sight.

Alternative scenario: The downside penetration of 1576 will call for 1567 & 1560.

Comment: intraday support around 1576

Dow Jones (Jun 13) intraday: bullish bias above 14520

Pivot: 14520

Our preference: LONG positions above 14520 with targets @ 14700 & 14730.

Alternative scenario: The downside breakout of 14520 will open the way to 14430 & 14360.

Comment: the RSI is above its neutrality area at 50%.

S&P 500 (Jun 13) intraday: bullish bias above 1552

Pivot: 1552

Our preference: LONG positions above 1552 with 1575 & 1580 in sight.

Alternative scenario: The downside breakout of 1552 will open the way to 1544 & 1533.

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

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