EUR/USD intraday: capped by a negative trend line.
Pivot: 1.4245.
Our Preference: SHORT positions @ 1.4235 with 1.41 & 1.4045 as next targets.
Alternative scenario: The upside penetration of 1.4245 will call for 1.432 & 1.438.
Comment: the pair remains within a MT bearish channel.
Trend: ST Ltd Upside; MT Range
Key levels Comment
1.438** Intraday resistance
1.432** Intraday resistance
1.4245*** Intraday pivot point
1.4168 Last
1.41** Intraday support
1.4045** Intraday support
1.4** Fib projection
Our Preference: SHORT positions @ 1.4235 with 1.41 & 1.4045 as next targets.
Alternative scenario: The upside penetration of 1.4245 will call for 1.432 & 1.438.
Comment: the pair remains within a MT bearish channel.
Trend: ST Ltd Upside; MT Range
Key levels Comment
1.438** Intraday resistance
1.432** Intraday resistance
1.4245*** Intraday pivot point
1.4168 Last
1.41** Intraday support
1.4045** Intraday support
1.4** Fib projection
GBP/USD intraday: under pressure.
Pivot: 1.6270.
Our Preference: SHORT positions @ 1.626 with 1.615 & 1.6105 as next targets.
Alternative scenario: The upside penetration of 1.627 will call for a rebound towards 1.6325 & 1.6355.
Comment: the pair stands below its resistance and remains under pressure.
Trend: ST Ltd Upside; MT Range
Key levels Comment
1.6355** Intraday resistance
1.6325*** Intraday resistance
1.627*** Intraday pivot point
1.6212 Last
1.615*** Intraday support
1.6105* Fib projection
1.607** Fib projection
Our Preference: SHORT positions @ 1.626 with 1.615 & 1.6105 as next targets.
Alternative scenario: The upside penetration of 1.627 will call for a rebound towards 1.6325 & 1.6355.
Comment: the pair stands below its resistance and remains under pressure.
Trend: ST Ltd Upside; MT Range
Key levels Comment
1.6355** Intraday resistance
1.6325*** Intraday resistance
1.627*** Intraday pivot point
1.6212 Last
1.615*** Intraday support
1.6105* Fib projection
1.607** Fib projection
USD/JPY intraday: rebound.
Pivot: 80.70.
Our Preference: LONG positions @ 80.75 with 81.35 & 81.7 in sight.
Alternative scenario: The downside penetration of 80.7 will call for 80.45 & 80.15.
Comment: the pair has rebounded on its support and is approaching its new resistance.
Trend: ST Ltd Downside; MT Range
Key levels Comment
81.95** Intraday resistance
81.7*** Intraday resistance
81.35*** Intraday resistance
81.23 Last
80.7** Intraday pivot point
80.45** Intraday support
80.15*** Intraday support
Our Preference: LONG positions @ 80.75 with 81.35 & 81.7 in sight.
Alternative scenario: The downside penetration of 80.7 will call for 80.45 & 80.15.
Comment: the pair has rebounded on its support and is approaching its new resistance.
Trend: ST Ltd Downside; MT Range
Key levels Comment
81.95** Intraday resistance
81.7*** Intraday resistance
81.35*** Intraday resistance
81.23 Last
80.7** Intraday pivot point
80.45** Intraday support
80.15*** Intraday support
USD/CAD intraday: bullish bias above 0.968.
Pivot: 0.968
Our preference: Long positions above 0.968 with targets @ 0.977 & 0.9805 in extension.
Alternative scenario: Below 0.968 look for further downside with 0.964 & 0.96 as targets.
Comment: the pair is trading in a bullish channel.
Key levels
0.983
0.9805
0.977
0.9743 last
0.968
0.964
0.96
Our preference: Long positions above 0.968 with targets @ 0.977 & 0.9805 in extension.
Alternative scenario: Below 0.968 look for further downside with 0.964 & 0.96 as targets.
Comment: the pair is trading in a bullish channel.
Key levels
0.983
0.9805
0.977
0.9743 last
0.968
0.964
0.96
USD/CHF intraday: under pressure.
Pivot: 0.888
Our preference: Short positions below 0.888 with targets @ 0.882 & 0.878 in extension.
Alternative scenario: Above 0.888 look for further upside with 0.8915 & 0.895 as targets.
Comment: the pair stands below its resistance and remains under pressure.
Key levels
0.895
0.8915
0.888
0.8846 last
0.882
0.878
0.875
Our preference: Short positions below 0.888 with targets @ 0.882 & 0.878 in extension.
Alternative scenario: Above 0.888 look for further upside with 0.8915 & 0.895 as targets.
Comment: the pair stands below its resistance and remains under pressure.
Key levels
0.895
0.8915
0.888
0.8846 last
0.882
0.878
0.875
AUD/USD intraday: the downside prevails.
Pivot: 1.064
Our preference: Short positions below 1.064 with targets @ 1.0515 & 1.0455 in extension.
Alternative scenario: Above 1.064 look for further upside with 1.0675 & 1.071 as targets.
Comment: the RSI lacks upward momentum.
Key levels
1.071
1.0675
1.064
1.06 last
1.0515
1.0455
1.04
Our preference: Short positions below 1.064 with targets @ 1.0515 & 1.0455 in extension.
Alternative scenario: Above 1.064 look for further upside with 1.0675 & 1.071 as targets.
Comment: the RSI lacks upward momentum.
Key levels
1.071
1.0675
1.064
1.06 last
1.0515
1.0455
1.04