EUR/USD intraday: caution
Our preference: Short positions below 1.309 with targets @ 1.3015 & 1.295 in extension.Alternative scenario: Above 1.309 look for further upside with 1.3185 & 1.325 as targets.
Comment: the pair is challenging its new resistance, the RSI lacks upward momentum.
Key levels
1.325
1.3185
1.309
1.3074 last
1.3015
1.295
1.287
GBP/USD intraday: intraday support around 1.5520
Our preference: Long positions above 1.5520 with targets @ 1.5650 & 1.5695 in extension.
Alternative scenario: Below 1.5520 look for further downside with 1.548 & 1.5425 as targets.
Comment: the pair has rebounded on its support and should post a further up move.
USD/JPY intraday: caution
Our preference: Short positions below 83.85 with targets @ 83.55 & 83.4 in extension.Alternative scenario: Above 83.85 look for further upside with 84 & 84.2 as targets.
Comment: the pair is challenging its resistance, the RSI is mixed and calls for caution.
USD/CHF intraday: further advance
Our preference: Long positions above 0.999 with targets @ 1.0075 & 1.012 in extension.
Alternative scenario: Below 0.999 look for further downside with 0.9955 & 0.9925 as targets.
Comment: the RSI is well directed, the pair is breaking above its resistance.
Key levels
1.0155
1.012
1.0075
1.0053 last
0.999
0.9955
0.9925
AUD/USD intraday: rebound
Our preference: Long positions above 0.9575 with targets @ 0.9665 & 0.97 in extension.
Alternative scenario: Below 0.9575 look for further downside with 0.954 & 0.9465 as targets.
Comment: the RSI has broken above a declining trend line, the pair is on the upside and is approaching its resistance.
Key levels
0.976
0.97
0.9665
0.9635 last
0.9575
0.954
0.9465