Our preference: short positions below 1.1775 with targets at 1.1650 & 1.1620 in extension.
Alternative scenario: above 1.1775 look for further upside with 1.1800 & 1.1850 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: the bias remains bullish.
Pivot: 1.3100
Our preference: long positions above 1.3100 with targets at 1.3165 & 1.3195 in extension.
Alternative scenario: below 1.3100 look for further downside with 1.3060 & 1.3030 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: rebound.
Pivot: 0.9530
Our preference: long positions above 0.9530 with targets at 0.9620 & 0.9660 in extension.
Alternative scenario: below 0.9530 look for further downside with 0.9480 & 0.9435 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: rebound.
Pivot: 110.85
Our preference: long positions above 110.85 with targets at 111.70 & 111.95 in extension.
Alternative scenario: below 110.85 look for further downside with 110.60 & 110.25 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
