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: bullish bias above 1.323.

Pivot: 1.323

Our preference: Long positions above 1.323 with targets @ 1.33 & 1.3345 in extension.

Alternative scenario: Below 1.323 look for further downside with 1.3195 & 1.3175 as targets.

Comment: the pair stands above its new support, the RSI is reversing up.

GBP/USD intraday: the upside prevails.

Pivot: 1.5315

Our preference: Long positions above 1.5315 with targets @ 1.5415 & 1.546 in extension.

Alternative scenario: Below 1.5315 look for further downside with 1.526 & 1.522 as targets.

Comment: the pair has rebounded and remains on the upside.

USD/CHF intraday: the downside prevails.

Pivot: 0.93

Our preference: Short positions below 0.93 with targets @ 0.925 & 0.9225 in extension.

Alternative scenario: Above 0.93 look for further upside with 0.933 & 0.9355 as targets.

Comment: the pair is rebounding but stands below its resistance.

USD/CAD intraday: intraday support around 1.033.

Pivot: 1.033

Our preference: Long positions above 1.033 with targets @ 1.04 & 1.044 in extension.

Alternative scenario: Below 1.033 look for further downside with 1.0275 & 1.0245 as targets.

Comment: the RSI calls for a rebound.

Crude Oil (Sep 13) intraday: the downside prevails.

Pivot: 107.10

Our preference: SHORT positions below 107.1 with targets @ 105.75 & 105.

Alternative scenario: The upside breakout of 107.1 will open the way to 107.7 & 108.8.

Comment: as long as 107.1 is resistance, expect a return to 105.75.

GOLD (Spot) intraday: further upside.

Pivot: 1283.00

Our preference: LONG positions above 1283 with targets @ 1307 & 1320.

Alternative scenario: The downside breakout of 1283 will open the way to 1266 & 1244.

Comment: Gold prices hold above a key support threshold at 1283 while the RSI lacks downward momentum.

Dow Jones (Sep 13) intraday: the bias remains bullish.

Pivot: 15490

Our preference: LONG positions above 15490 with targets @ 15640 & 15670.

Alternative scenario: The downside penetration of 15490 will call for a slide towards 15430 & 15395.

Comment: a support base at 15490 has formed and has allowed for a temporary stabilisation.

S&P 500 (Sep 13) intraday: bullish bias above 1694

Pivot: 1694

Our preference: LONG positions above 1694 with 1709 & 1712 in sight.

Alternative scenario: The downside breakout of 1694 will open the way to 1687 & 1677.

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

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