EUR/USD intraday: the downside prevails.
Pivot: 1.4775
Our preference: Short positions below 1.4775 with targets @ 1.4665 & 1.461 in extension.
Alternative scenario: Above 1.4775 look for further upside with 1.4825 & 1.489 as targets.
Comment: the pair remains within a bearish channel.
GBP/USD intraday: capped by a negative trend line.
Pivot: 1.633
Our preference: Short positions below 1.633 with targets @ 1.6225 & 1.616 in extension.
Alternative scenario: Above 1.633 look for further upside with 1.638 & 1.6425 as targets.
Comment: the pair remains capped by a declining trend line.
USD/JPY intraday: the bias remains bullish.
Pivot: 87.75
Our preference: Long positions above 87.75 with targets @ 88.45 & 88.8 in extension.
Alternative scenario: Below 87.75 look for further downside with 87.4 & 87 as targets.
Comment: the RSI is mixed with a bullish bias.
USD/CHF intraday: under pressure.
Pivot: 1.03
Our preference: Short positions below 1.03 with targets @ 1.0235 & 1.0195 in extension.
Alternative scenario: Above 1.03 look for further upside with 1.0335 & 1.036 as targets.
Comment: the RSI is capped by a MT declining trend line, the pair is challenging its support.
No comments:
Post a Comment