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: 1.325

Our preference: Long positions above 1.325 with targets @ 1.3335 & 1.337 in extension.

Alternative scenario: Below 1.325 look for further downside with 1.3225 & 1.318 as targets.

Comment: the pair is facing a pull back on its rising trend line.

GBP/USD intraday: the upside prevails.

Pivot: 1.56

Our preference: Long positions above 1.56 with targets @ 1.569 & 1.574 in extension.

Alternative scenario: Below 1.56 look for further downside with 1.5565 & 1.552 as targets.

Comment: the pair remains on the upside and is challenging its previous high.

USD/CHF intraday: the downside prevails.

Pivot: 0.93

Our preference: Short positions below 0.93 with targets @ 0.923 & 0.92 in extension.

Alternative scenario: Above 0.93 look for further upside with 0.933 & 0.9375 as targets.

Comment: the pair is posting a rebound but stands below its resistance.

USD/CAD intraday: under pressure.

Pivot: 1.0185

Our preference: Short positions below 1.0185 with targets @ 1.014 & 1.01 in extension.

Alternative scenario: Above 1.0185 look for further upside with 1.0215 & 1.025 as targets.

Comment: the pair is currently challenging the 1.017 support area while intraday technical indicators are calling for further weakness. A drop towards 1.01 can be expected.

Crude Oil (Jul 13) intraday: key ST resistance at 95.55

Pivot: 95.55

Our preference: SHORT positions below 95.55 with 93.75 & 92.4 in sight.

Alternative scenario: The upside penetration of 95.55 will call for a rebound towards 96.4 & 97.3.

Comment: as long as 95.55 is resistance, look for choppy price action with a bearish bias.

GOLD (Spot) intraday: key ST resistance at 1389

Pivot: 1389.00

Our preference: SHORT positions below 1389 with 1354 & 1338 in sight.

Alternative scenario: The upside breakout of 1389 will open the way to 1402 & 1423.

Comment: the bearish rectangle pattern calls for an extension of the downward track towards 1354.

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

Pivot: 15100

Our preference: LONG positions above 15100 with 15285 & 15390 in sight.

Alternative scenario: The downside penetration of 15100 will call for 14820 & 14740.

Comment: the RSI is mixed with a bullish bias.

S&P 500 (Jun 13) intraday: the bias remains bullish.

Pivot: 1624

Our preference: LONG positions above 1624 with 1649 & 1660 in sight.

Alternative scenario: The downside penetration of 1624 will call for a slide towards 1596 & 1582.

Comment: the RSI is mixed to bullish.

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