EUR/USD intraday: key ST resistance at 1.3825
Our preference: Short positions below 1.3825 with targets @ 1.367 & 1.364 in extension.Alternative scenario: Above 1.3825 look for further upside with 1.39 & 1.3975 as targets.
Comment: the pair has struck against its resistance and remains under pressure.
GBP/USD intraday: under pressure
Our preference: Short positions below 1.6175 with targets @ 1.6075 & 1.602 in extension.Alternative scenario: Above 1.6175 look for further upside with 1.6245 & 1.63 as targets.
Comment: the RSI is bandly directed, the pair has struck against its resistance and should face a further weakness
USD/JPY intraday: intraday support around 81.9
Pivot: 81.9Our preference: Long positions above 81.9 with targets @ 82.4 & 82.75 in extension.
Alternative scenario: Below 81.9 look for further downside with 81.55 & 81.25 as targets.
Comment: the pair stands above its support, the RSI is mixed to bullish.
Our preference: Long positions above 0.965 with targets @ 0.9725 & 0.976 in extension.
Alternative scenario: Below 0.965 look for further downside with 0.9625 & 0.959 as targets.
Comment: the pair stands above its support, the RSI is turning up.
AUD/USD intraday: under pressure
Our preference: Short positions below 1.0085 with targets @ 0.9975 & 0.9915 in extension.Alternative scenario: Above 1.0085 look for further upside with 1.0125 & 1.0175 as targets.
Comment: the RSI is capped by a declining trend line.
USD/CAD intraday: the downside prevails
Our preference: Short positions below 1.005 with targets @ 0.998 & 0.996 in extension.Alternative scenario: Above 1.005 look for further upside with 1.007 & 1.0095 as targets.
Comment: the pair remains under pressure and is challenging its support.
EUR/JPY intraday: intraday support around 112.6
Our preference: Long positions above 112.6 with targets @ 113.25 & 113.75 in extension.Alternative scenario: Below 112.6 look for further downside with 112.1 & 111.75 as targets.
Comment: the pair is pulling back on its support, the RSI lacks downward momentum.
EUR/GBP intraday: under pressure.
Our preference: Short positions below 0.855 with targets @ 0.8495 & 0.844 in extension.Alternative scenario: Above 0.855 look for further upside with 0.8585 & 0.8645 as targets.
Comment: the pair has broken below its support and remains under pressure, the RSI is badly directed.
EUR/CHF intraday: under pressure
Our preference: Short positions below 1.339 with targets @ 1.3275 & 1.323 in extension.
Alternative scenario: Above 1.339 look for further upside with 1.344 & 1.348 as targets.
Comment: the pair is under pressure and is challenging its previous low.
GBP/JPY intraday: limited upside
Our preference: Long positions above 132 with targets @ 133.1 & 133.75 in extension.Alternative scenario: Below 132 look for further downside with 131.5 & 131 as targets.
Comment: the pair is pulling back on its new support ahead of a rebound.