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: further advance.
Pivot: 1.3460.

Our preference: LONG positions above 1.346 with 1.3505 & 1.353 in sight.

Alternative scenario: The downside breakout of 1.346 will open the way to 1.3425 & 1.3395.

Comment: the pair has validated a bullish flag and should post further advance as the RSI stands above its neutral area.

GBP/USD intraday: continuation of the rebound.
Pivot: 1.5705.

Our preference: LONG positions above 1.5705 with 1.579 & 1.582 as next targets.

Alternative scenario: The downside penetration of 1.5705 will call for 1.567 & 1.5635.

Comment: the pair has broken above a declining trend line and remains on the upside.

USD/JPY intraday: caution.
Pivot: 91.00.

Our preference: SHORT positions below 91 with 90.5 & 90.2 in sight.

Alternative scenario: The upside breakout of 91 will open the way to 91.25 & 91.55.

Comment: the pair is rebounding but stands below its new resistance, the RSI calls for caution.

EUR/JPY intraday: the upside prevails.
Pivot: 121.8

Our preference: Long @ 121.87 with targets @ 122.9 & 123.5 in extension.

Alternative scenario: Below 121.8 look for further downside with 121.3 & 120.65 as targets.

Comment: the pair has validated a bullish flag and is approaching its previous intraday high, the RSI stands above its neutral area and is turning up.

GBP/JPY intraday: further upside.
Pivot: 142.4

Our preference: Long @ 142.55 with targets @ 143.6 & 144.25 in extension.

Alternative scenario: Below 142.4 look for further downside with 141.85 & 141.4 as targets.

Comment: the pair has broken above a declining trend line and should post further advance as the RSI stands above its neutral area and remains well directed.

AUD/USD intraday: bullish bias above 1.0435.
Pivot: 1.0435

Our preference: Long positions above 1.0435 with targets @ 1.05 & 1.053 in extension.

Alternative scenario: Below 1.0435 look for further downside with 1.04 & 1.038 as targets.

Comment: the pair has broken above a declining trend line and remains on the upside, the RSI stands above its neutral area and remains on the upside.

Cac 40 (Feb 13) intraday: aim @ 3800
Pivot: 3760

Our preference: LONG positions above 3760 with 3800 & 3820 as next targets.

Alternative scenario: The downside penetration of 3760 will call for 3735 & 3715.

Comment : the RSI advocates for further upside.

Dax (Mar 13) intraday: consolidation.
Pivot: 7753

Our preference: LONG positions above 7753 with targets @ 7890 & 7920.

Alternative scenario: The downside penetration of 7753 will call for a slide towards 7635 & 7571.

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

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