EUR/USD intraday: the upside prevails.
Pivot: 1.505
Our preference: Long positions above 1.505 with targets @ 1.5145 & 1.517 in extension.
Alternative scenario: Below 1.505 look for further downside with 1.5 & 1.4975 as targets.
Comment: the RSI is supported by a bullish trend line.
GBP/USD intraday: the bias remains bullish.
Pivot: 1.655
Our preference: Long positions above 1.655 with targets @ 1.665 & 1.67 in extension.
Alternative scenario: Below 1.655 look for further downside with 1.651 & 1.6475 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
USD/JPY intraday: rebound in sight.
Pivot: 86.3
Our preference: Long positions above 86.3 with targets @ 87.1 & 87.5 in extension.
Alternative scenario: Below 86.3 look for further downside with 85.75 & 85.25 as targets.
Comment: a rising trend line may spark a rebound.
USD/CHF intraday: the downside prevails.
Pivot: 1.002
Our preference: Short positions below 1.002 with targets @ 0.9955 & 0.992 in extension.
Alternative scenario: Above 1.002 look for further upside with 1.004 & 1.007 as targets.
Comment: the RSI is capped by a declining trend line, the pair remains under pressure.
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