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: under pressure.
Pivot: 1.3455.

Our preference: SHORT positions @ 1.3445 with targets @ 1.336 & 1.328.

Alternative scenario: The upside penetration of 1.3455 will call for a rebound towards 1.3505 & 1.3575.

Comment: the pair stands below its new resistance and remains under pressure as the RSI stands below its neutral area and is turning down.

GBP/USD intraday: key ST resistance at 1.577
Pivot: 1.5770.

Our preference: SHORT positions below 1.577 with 1.5675 & 1.563 in sight.

Alternative scenario: The upside penetration of 1.577 will call for a rebound towards 1.58 & 1.5845.

Comment: the pair is rebounding but stands below its resistance, the RSI is reversing down from its overbought area.

USD/JPY intraday: bullish bias above 93
Pivot: 93.00.

Our preference: LONG positions above 93 with 94 & 94.45 in sight.

Alternative scenario: The downside penetration of 93 will call for 92.55 & 91.95.

Comment: the pair is pulling back on its strong support ahead of a rebound, the RSI is approaching its oversold area.

EUR/JPY intraday: under pressure.
Pivot: 125.8

Our preference: Short positions below 125.8 with targets @ 123.95 & 122.95 in extension.

Alternative scenario: Above 125.8 look for further upside with 126.7 & 127.65 as targets.

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

GBP/JPY intraday: bullish bias above 145.8.
Pivot: 145.8

Our preference: Long positions above 145.8 with targets @ 147.3 & 147.9 in extension.

Alternative scenario: Below 145.8 look for further downside with 144.85 & 144.25 as targets.

Comment: the pair remains on the upside and is approaching its next resistance, the RSI is turning up.

AUD/USD intraday: under pressure.
Pivot: 1.034

Our preference: Short positions below 1.034 with targets @ 1.025 & 1.023 in extension.

Alternative scenario: Above 1.034 look for further upside with 1.0365 & 1.04 as targets.

Comment: the pair is posting a rebound but stands below its resistance, the RSI lacks upward momentum.

Cac 40 (Feb 13) intraday: the downside prevails.
Pivot: 3660

Our preference: SHORT positions below 3660 with 3590 & 3575 as next targets.

Alternative scenario: The upside penetration of 3660 will call for a rebound towards 3725 & 3770.

Comment : the RSI is mixed to bearish.

Dax (Mar 13) intraday: the downside prevails.
Pivot: 7700

Our preference: SHORT positions below 7700 with 7540 & 7500 as next targets.

Alternative scenario: The upside breakout of 7700 will open the way to 7765 & 7845.

Comment: the RSI is mixed to bearish.

0 0 votes
Page Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Testimonials - StockExchange.CO