EUR/USD intraday: the bias remains bullish
Pivot: 1.433
Our preference: Long @ 1.434 with targets @ 1.4445 & 1.451 in extension.
Alternative scenario: Below 1.433 look for further downside with 1.425 & 1.42 as targets.
Comment: the pair has broken above its declining trend line and should post further advance.
Key levels
1.4575
1.451
1.4445
1.4402 last
1.433
1.425
1.42
Our preference: Long @ 1.434 with targets @ 1.4445 & 1.451 in extension.
Alternative scenario: Below 1.433 look for further downside with 1.425 & 1.42 as targets.
Comment: the pair has broken above its declining trend line and should post further advance.
Key levels
1.4575
1.451
1.4445
1.4402 last
1.433
1.425
1.42
GBP/USD intraday: bullish bias above 1.631.
Pivot: 1.631
Our preference: Long positions above 1.631 with targets @ 1.642 & 1.6465 in extension.
Alternative scenario: Below 1.631 look for further downside with 1.627 & 1.623 as targets.
Comment: the RSI is supported by a rising trend line, the pair has rebounded on its support and should post further advance.
Key levels
1.623
1.627
1.631
1.6376 last
1.642
1.6465
1.6520
Our preference: Long positions above 1.631 with targets @ 1.642 & 1.6465 in extension.
Alternative scenario: Below 1.631 look for further downside with 1.627 & 1.623 as targets.
Comment: the RSI is supported by a rising trend line, the pair has rebounded on its support and should post further advance.
Key levels
1.623
1.627
1.631
1.6376 last
1.642
1.6465
1.6520