USD/CAD intraday: bounce.
Pivot: 1.0005Our preference: Long positions above 1.0005 with targets @ 1.008 & 1.0125 in extension.
Alternative scenario: Below 1.0005 look for further downside with 0.998 & 0.996 as targets.
Comment: the RSI is mixed with a bullish bias.
USD/CHF intraday: further advance.
Our preference: Long positions above 0.9675 with targets @ 0.975 & 0.98 in extension.
Alternative scenario: Below 0.9675 look for further downside with 0.965 & 0.9625 as targets.
Comment: the pair is on the upside and is appproaching its resistance, the RSI is mixed to bullish.
Alternative scenario: Below 0.9675 look for further downside with 0.965 & 0.9625 as targets.
Comment: the pair is on the upside and is appproaching its resistance, the RSI is mixed to bullish.
USD/JPY intraday: the upside prevails.
Pivot: 81.9
Our preference: Long positions above 81.9 with targets @ 82.5 & 82.8 in extension.
Alternative scenario: Below 81.9 look for further downside with 81.55 & 81.25 as targets.
Comment: the pair has broken above its resistance and should post a further up move.
GBP/USD intraday: continuation of the rebound
Our preference: Long positions above 1.602 with targets @ 1.611 & 1.6175 in extension.
Alternative scenario: Below 1.602 look for further downside with 1.5955 & 1.5915 as targets.
Comment: the pair is on the upside and is challenging its resistance, the RSI is well directed.
Alternative scenario: Below 1.602 look for further downside with 1.5955 & 1.5915 as targets.
Comment: the pair is on the upside and is challenging its resistance, the RSI is well directed.
EUR/USD intraday: under pressure
Pivot: 1.385Our preference: Short positions below 1.385 with targets @ 1.373 & 1.3695 in extension.
Alternative scenario: Above 1.385 look for further upside with 1.39 & 1.3975 as targets.
Comment: the pair remains under pressure and is challenging its support.
EUR/CHF intraday: under pressure
Our preference: Short positions below 1.344 with targets @ 1.3355 & 1.3315 in extension.
Alternative scenario: Above 1.344 look for further upside with 1.348 & 1.353 as targets.
Comment: the pair is posting a rebound but stands below its new resistance, the RSI lacks upward momentum.
Alternative scenario: Above 1.344 look for further upside with 1.348 & 1.353 as targets.
Comment: the pair is posting a rebound but stands below its new resistance, the RSI lacks upward momentum.
AUD/USD intraday: under pressure.
Our preference: Short positions below 1.0085 with targets @ 0.996 & 0.9915 in extension.Alternative scenario: Above 1.0085 look for further upside with 1.0125 & 1.0175 as targets.
Comment: the RSI is badly directed.
EUR/GBP intraday: under pressure
Alternative scenario: Above 0.86 look for further upside with 0.8645 & 0.869 as targets.
Comment: the pair has broken below its support and remains under pressure, the RSI is badly directed.