Daily Technical Analysis – 15 June, 2017 - Daily Technical Analysis – 15 June, 2017 -

Daily Technical Analysis – 15 June, 2017

Technical Analysis
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Daily Technical Analysis – 15 June, 2017

EUR/USD Intraday: break of a ST rising trendline support.
Pivot: 1.1230

Our preference: short positions below 1.1230 with targets at 1.1140 & 1.1110 in extension.

Alternative scenario: above 1.1230 look for further upside with 1.1250 & 1.1280 as targets.

Comment: the RSI shows downside momentum.

Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

GBP/USD Intraday: rebound.
Pivot: 1.2680

Our preference: long positions above 1.2680 with targets at 1.2815 & 1.2870 in extension.

Alternative scenario: below 1.2680 look for further downside with 1.2635 & 1.2595 as targets.

Comment: the RSI shows upside momentum.

Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

USD/CHF Intraday: further advance.
Pivot: 0.9695

Our preference: long positions above 0.9695 with targets at 0.9765 & 0.9780 in extension.

Alternative scenario: below 0.9695 look for further downside with 0.9680 & 0.9665 as targets.

Comment: the RSI shows upside momentum.

Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

USD/JPY Intraday: further advance.
Pivot: 109.45

Our preference: long positions above 109.45 with targets at 110.30 & 110.75 in extension.

Alternative scenario: below 109.45 look for further downside with 109.20 & 108.90 as targets.

Comment: the RSI shows upside momentum.

Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point |  Black represents the price when the report was produced

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