Our preference: long positions above 1.1635 with targets at 1.1685 & 1.1705 in extension.
Alternative scenario: below 1.1635 look for further downside with 1.1615 & 1.1585 as targets.
Comment: the RSI is mixed and calls for caution.
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: the bias remains bullish.
Pivot: 1.2985
Our preference: long positions above 1.2985 with targets at 1.3055 & 1.3085 in extension.
Alternative scenario: below 1.2985 look for further downside with 1.2960 & 1.2930 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: key resistance at 0.9485.
Pivot: 0.9485
Our preference: short positions below 0.9485 with targets at 0.9435 & 0.9400 in extension.
Alternative scenario: above 0.9485 look for further upside with 0.9520 & 0.9540 as targets.
Comment: the RSI is mixed to bearish.
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: under pressure.
Pivot: 111.45
Our preference: short positions below 111.45 with targets at 110.35 & 110.00 in extension.
Alternative scenario: above 111.45 look for further upside with 111.80 & 112.10 as targets.
Comment: the RSI is mixed to bearish.
Green Lines Represent Resistances | Red Lines Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced
