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: 1.3080.

Our preference: SHORT positions below 1.308 with targets @ 1.3 & 1.298.

Alternative scenario: The upside breakout of 1.308 will open the way to 1.311 & 1.3145.

Comment: the pair is posting a rebound but stands below its new resistance, the RSI stands below its neutrality area.

GBP/USD intraday: under pressure.

Pivot: 1.5490.

Our preference: SHORT positions below 1.549 with targets @ 1.5415 & 1.537.

Alternative scenario: The upside breakout of 1.549 will open the way to 1.5515 & 1.555.

Comment: the pair has broken below its support and remains on the downside, the RSI is badly directed.

USD/JPY intraday: further advance.

Pivot: 99.65.

Our preference: LONG positions above 99.65 with 101.6 & 102 in sight.

Alternative scenario: The downside penetration of 99.65 will call for 98.9 & 98.55.

Comment: the pair stands above its new support (former resistance) and should post further advance.

EUR/JPY intraday: the upside prevails.

Pivot: 130.75

Our preference: Long positions above 130.75 with targets @ 132.55 & 133 in extension.

Alternative scenario: Below 130.75 look for further downside with 130.25 & 129.5 as targets.

Comment: the pair has broken above a resistance and keeps charging higher.

GBP/JPY intraday: further upside.

Pivot: 154.95

Our preference: Long positions above 154.95 with targets @ 156.45 & 157 in extension.

Alternative scenario: Below 154.95 look for further downside with 154.1 & 153.2 as targets.

Comment: the pair stands above its new support (former resistance) and remains on the upside.

AUD/USD intraday: the downside prevails.

Pivot: 1.015

Our preference: Short positions below 1.015 with targets @ 1.004 & 0.999 in extension.

Alternative scenario: Above 1.015 look for further upside with 1.021 & 1.025 as targets.

Comment: the pair stands below its new resistance and remains under pressure.

Cac 40 (May 13) intraday: the upside prevails.

Pivot: 3872

Our preference: LONG positions above 3872 with targets @ 3935 & 3950.

Alternative scenario: The downside penetration of 3872 will call for a slide towards 3833 & 3775.

Comment : a symmetrical triangle pattern is taking shape

Dax (Jun 13) intraday: the upside prevails.

Pivot: 8115

Our preference: LONG positions above 8115 with targets @ 8290 & 8340.

Alternative scenario: The downside breakout of 8115 will open the way to 8010 & 7895.

Comment: the RSI is mixed and calls for caution.

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