EUR/USD intraday: limited upside.

Pivot: 1.3250.

Our preference: LONG positions above 1.325 with targets @ 1.33 & 1.3345.

Alternative scenario: The downside breakout of 1.325 will open the way to 1.321 & 1.3175.

Comment: the pair is facing a pull back on its support.

GBP/USD intraday: limited upside.

Pivot: 1.5120.

Our preference: LONG positions above 1.512 with 1.525 & 1.529 as next targets.

Alternative scenario: The downside penetration of 1.512 will call for a slide towards 1.507 & 1.503.

Comment: the pair and its intraday RSI have broken above their declining trend lines.

PREVIOUS  NEXT

USD/JPY intraday: caution.

Pivot: 98.40.

Our preference: SHORT positions below 98.4 with 97.5 & 97.2 as next targets.

Alternative scenario: The upside penetration of 98.4 will call for a rebound towards 99 & 99.35.

Comment: the pair is rebounding and is challenging its resistance, caution.

PREVIOUS  NEXT

EUR/JPY intraday: bullish bias above 129.75.

Pivot: 129.75

Our preference: Long @ 129.95 with targets @ 131 & 131.4 in extension.

Alternative scenario: Below 129.75 look for further downside with 129.25 & 128.85 as targets.

Comment: the pair is breaking above its resistance and should post further advance.

PREVIOUS NEXT

GBP/JPY intraday: the downside prevails.

Pivot: 149.9

Our preference: Short positions below 149.9 with targets @ 148.2 & 147.5 in extension.

Alternative scenario: Above 149.9 look for further upside with 150.5 & 151.25 as targets.

Comment: the pair is posting a rebound but stands below its resistance.

PREVIOUS NEXT

AUD/USD intraday: the downside prevails.

Pivot: 0.9

Our preference: Short positions below 0.9 with targets @ 0.892 & 0.885 in extension.

Alternative scenario: Above 0.9 look for further upside with 0.9075 & 0.914 as targets.

Comment: the pair is trading in a bearish channel.

PREVIOUS NEXT

Cac 40 (Aug 13) intraday: target 4060

Pivot: 3960

Our preference: LONG positions above 3960 with 4032 & 4060 in sight.

Alternative scenario: The downside penetration of 3960 will call for a slide towards 3921 & 3900.

Comment : the RSI is mixed to bullish.

PREVIOUS NEXT

Dax (Sep 13) intraday: caution.

Pivot: 8210

Our preference: LONG positions above 8210 with 8325 & 8350 as next targets.

Alternative scenario: The downside penetration of 8210 will call for 8185 & 8138.

Comment: the RSI advocates for further advance.