EUR/USD intraday: the downside prevails
Pivot: 1.466
Our preference: Short positions below 1.466 with targets @ 1.451 & 1.4455 in extension.
Alternative scenario: Above 1.466 look for further upside with 1.4715 & 1.476 as targets.
Comment: the pair is rebounding but stands below its new resistance.
Key levels
1.476
1.4715
1.466
1.4556 last
1.451
1.4455
1.4415
Our preference: Short positions below 1.466 with targets @ 1.451 & 1.4455 in extension.
Alternative scenario: Above 1.466 look for further upside with 1.4715 & 1.476 as targets.
Comment: the pair is rebounding but stands below its new resistance.
Key levels
1.476
1.4715
1.466
1.4556 last
1.451
1.4455
1.4415
GBP/USD intraday: under pressure.
Pivot: 1.6460
Our preference: Short positions below 1.6460 with targets @ 1.6375 & 1.6325 in extension.
Alternative scenario: Above 1.6460 look for further upside with 1.6495 & 1.6545 as targets.
Comment: the pair stands below its new resistance and remains under pressure.
Key levels
1.6545
1.6495
1.6460
1.64 last
1.6375
1.6325
1.629
Our preference: Short positions below 1.6460 with targets @ 1.6375 & 1.6325 in extension.
Alternative scenario: Above 1.6460 look for further upside with 1.6495 & 1.6545 as targets.
Comment: the pair stands below its new resistance and remains under pressure.
Key levels
1.6545
1.6495
1.6460
1.64 last
1.6375
1.6325
1.629
USD/JPY intraday: under pressure.
Pivot: 80.7
Our preference: Short positions below 80.7 with targets @ 80 & 79.55 in extension.
Alternative scenario: Above 80.7 look for further upside with 81 & 81.3 as targets.
Comment: the pair is pulling back on its new resistance ahead of further weakness.
Key levels
81.3
81
80.7
80.47 last
80
79.55
79.2
Our preference: Short positions below 80.7 with targets @ 80 & 79.55 in extension.
Alternative scenario: Above 80.7 look for further upside with 81 & 81.3 as targets.
Comment: the pair is pulling back on its new resistance ahead of further weakness.
Key levels
81.3
81
80.7
80.47 last
80
79.55
79.2
USD/CHF intraday: bullish bias above 0.862.
Pivot: 0.862
Our preference: Long positions above 0.862 with targets @ 0.873 & 0.876 in extension.
Alternative scenario: Below 0.862 look for further downside with 0.855 & 0.85 as targets.
Comment: the pair has broken above a key declining trend line and is challenging its resistance.
Key levels
0.88
0.876
0.873
0.8705 last
0.862
0.855
0.85
Our preference: Long positions above 0.862 with targets @ 0.873 & 0.876 in extension.
Alternative scenario: Below 0.862 look for further downside with 0.855 & 0.85 as targets.
Comment: the pair has broken above a key declining trend line and is challenging its resistance.
Key levels
0.88
0.876
0.873
0.8705 last
0.862
0.855
0.85
AUD/USD intraday: caution.
Pivot: 1.075
Our preference: Short positions below 1.075 with targets @ 1.065 & 1.06 in extension.
Alternative scenario: Above 1.075 look for further upside with 1.0795 & 1.083 as targets.
Comment: the pair has posted a rebound and is challenging its declining trend line, the RSI is mixed and calls for caution.
Key levels
1.083
1.0795
1.075
1.0718 last
1.065
1.06
1.0525
Our preference: Short positions below 1.075 with targets @ 1.065 & 1.06 in extension.
Alternative scenario: Above 1.075 look for further upside with 1.0795 & 1.083 as targets.
Comment: the pair has posted a rebound and is challenging its declining trend line, the RSI is mixed and calls for caution.
Key levels
1.083
1.0795
1.075
1.0718 last
1.065
1.06
1.0525
USD/CAD intraday: the upside prevails.
Pivot: 0.9605
Our preference: Long positions above 0.9605 with targets @ 0.9695 & 0.9725 in extension.
Alternative scenario: Below 0.9605 look for further downside with 0.957 & 0.955 as targets.
Comment: the pair is rebounding on its new support as the RSI is supported by a rising trend line.
Key levels
0.9745
0.9725
0.9695
0.9652 last
0.9605
0.957
0.955
Our preference: Long positions above 0.9605 with targets @ 0.9695 & 0.9725 in extension.
Alternative scenario: Below 0.9605 look for further downside with 0.957 & 0.955 as targets.
Comment: the pair is rebounding on its new support as the RSI is supported by a rising trend line.
Key levels
0.9745
0.9725
0.9695
0.9652 last
0.9605
0.957
0.955