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 upside prevails.

Pivot: 1.2935.

Our preference: LONG positions above 1.2935 with 1.304 & 1.307 as next targets.

Alternative scenario: The downside breakout of 1.2935 will open the way to 1.288 & 1.284.

Comment: the pair is facing a pull back ahead of further advance, the RSI lacks downward momentum.

GBP/USD intraday: the upside prevails.

Pivot: 1.5260.

Our preference: LONG positions above 1.526 with 1.536 & 1.541 as next targets.

Alternative scenario: The downside penetration of 1.526 will call for a slide towards 1.521 & 1.515.

Comment: the pair is facing a pull back on its new support ahead of further advance, the RSI stands above its neutrality area.

USD/JPY intraday: the upside prevails.

Pivot: 97.15.

Our preference: LONG positions above 97.15 with 99 & 100 as next targets.

Alternative scenario: The downside breakout of 97.15 will open the way to 96.4 & 95.65.

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

EUR/JPY intraday: further advance.

Pivot: 125.5

Our preference: Long positions above 125.5 with targets @ 128.3 & 129.1 in extension.

Alternative scenario: Below 125.5 look for further downside with 123.85 & 122.6 as targets.

Comment: the pair has broken above its previous high and should post further advance as the RSI is well directed.

GBP/JPY intraday: further advance.

Pivot: 147.8

Our preference: Long positions above 147.8 with targets @ 151.75 & 153.05 in extension.

Alternative scenario: Below 147.8 look for further downside with 145.95 & 145.15 as targets.

Comment: the pair remains on the upside and should post further advance as the RSI is well directed but not yet overbought.

AUD/USD intraday: the downside prevails.

Pivot: 1.04

Our preference: Short positions below 1.04 with targets @ 1.034 & 1.032 in extension.

Alternative scenario: Above 1.04 look for further upside with 1.044 & 1.0475 as targets.

Comment: the pair has struck against its resistance and should face further weakness as the RSI stands below its neutrality area and is badly directed.

Cac 40 (Apr 13) intraday: the downside prevails.

Pivot: 3737

Our preference: SHORT positions below 3737 with 3638 & 3615 as next targets.

Alternative scenario: The upside breakout of 3737 will open the way to 3795 & 3812.

Comment : the RSI is below its neutrality area at 50%

Dax (Jun 13) intraday: the downside prevails.

Pivot: 7800

Our preference: SHORT positions below 7800 with 7645 & 7590 as next targets.

Alternative scenario: The upside penetration of 7800 will call for 7865 & 7965.

Comment: the RSI is below its neutrality area at 50%

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