EUR/USD intraday: the upside prevails.
Pivot: 1.2575
My preference: Long positions above 1.2575 with targets @ 1.265 & 1.269 in extension.
Alternative scenario: Below 1.2575 look for further downside with 1.2525 & 1.248 as targets.
Comment: the pair is breaking above its previous high and should post a further up move.
GBP/USD intraday: the bias remains bullish.
Pivot: 1.5145
My preference: Long positions above 1.5145 with targets @ 1.523 & 1.53 in extension.
Alternative scenario: Below 1.5145 look for further downside with 1.508 & 1.5025 as targets.
Comment: the pair has rebounded on its support and is challenging its resistance.
USD/CHF intraday: capped by a negative trend line.
Pivot: 1.0675
My preference: Short positions below 1.0675 with targets @ 1.056 & 1.05 in extension.
Alternative scenario: Above 1.0675 look for further upside with 1.075 & 1.079 as targets.
Comment: the pair has struck against its MT declining trend line and should face a further weakness.
USD/JPY intraday: under pressure.
Pivot: 88
My preference: Short positions below 88 with targets @ 87.25 & 86.95 in extension.
Alternative scenario: Above 88 look for further upside with 88.25 & 88.75 as targets.
Comment: the pair is under pressure and is approaching its support, the RSI is on the downside.
USD/CAD intraday: under pressure.
Pivot: 1.0615
My preference: Short positions below 1.0615 with targets @ 1.044 & 1.0375 in extension.
Alternative scenario: Above 1.0615 look for further upside with 1.068 & 1.072 as targets.
Comment: the RSI is badly directed.
AUD/USD intraday: the upside prevails.
Pivot: 0.8435
My preference: Long positions above 0.8435 with targets @ 0.8605 & 0.864 in extension.
Alternative scenario: Below 0.8435 look for further downside with 0.8375 & 0.835 as targets.
Comment: the RSI broke above a bearish trend line.
No comments:
Post a Comment