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: key resistance at 1.305.

Pivot: 1.305

Our preference: Short positions below 1.305 with targets @ 1.297 & 1.2945 in extension.

Alternative scenario: Above 1.305 look for further upside with 1.3095 & 1.313 as targets.

Comment: the pair remains capped by a declining trend line and remains under pressure, the RSI stands below its neutrality area.

GBP/USD intraday: under pressure.

Pivot: 1.509

Our preference: Short positions below 1.509 with targets @ 1.498 & 1.495 in extension.

Alternative scenario: Above 1.509 look for further upside with 1.515 & 1.522 as targets.

Comment: the pair stands below its new resistance (former support) and remains under pressure, the RSI stands around its neutrality area.

USD/CHF intraday: the bias remains bullish.

Pivot: 0.9375

Our preference: Long positions above 0.9375 with targets @ 0.947 & 0.949 in extension.

Alternative scenario: Below 0.9375 look for further downside with 0.934 & 0.931 as targets.

Comment: the pair stands above its new support and should post further advance towards its previous high.

USD/CAD intraday: the upside prevails.

Pivot: 1.026

Our preference: Long positions above 1.026 with targets @ 1.0315 & 1.0345 in extension.

Alternative scenario: Below 1.026 look for further downside with 1.0235 & 1.021 as targets.

Comment: the pair is facing a pull back ahead of further advance.

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

Pivot: 91.40

Our preference: SHORT positions below 91.4 with 89.9 & 89.3 in sight.

Alternative scenario: The upside penetration of 91.4 will call for 92.05 & 93.4.

Comment: as long as 91.4 is resistance, look for choppy price action with a bearish bias.

GOLD (Spot) intraday: up turn.

Pivot: 1565.00

Our preference: LONG positions above 1565 with 1587 & 1592 as next targets.

Alternative scenario: The downside penetration of 1565 will call for a slide towards 1555 & 1538.

Comment: the price has broken up its bearish channel. The RSI is mixed with a bullish bias. As long as 1565 is support, a recovery is more likely.

Dow Jones (Mar 13) intraday: the upside prevails.

Pivot: 13900

Our preference: LONG positions above 13900 with targets @ 14130 & 14185.

Alternative scenario: The downside penetration of 13900 will call for a slide towards 13840 & 13745.

Comment: the RSI lacks downward momentum.

S&P 500 (Mar 13) intraday: the upside prevails.

Pivot: 1497

Our preference: LONG positions above 1497 with targets @ 1524 & 1530.

Alternative scenario: The downside breakout of 1497 will open the way to 1483 & 1475.

Comment: the RSI lacks downward momentum.

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