Daily Technical Analysis – 27 September, 2017

Our preference: short positions below 1.1795 with targets at 1.1730 & 1.1690 in extension.

Alternative scenario: above 1.1795 look for further upside with 1.1830 & 1.1860 as targets.

Comment: the RSI shows downside momentum.

Our preference: long positions above 0.9695 with targets at 0.9775 & 0.9810 in extension.

Alternative scenario: below 0.9695 look for further downside with 0.9675 & 0.9650 as targets.

Comment: the RSI shows upside momentum.

Our preference: long positions above 112.30 with targets at 113.05 & 113.30 in extension.

Alternative scenario: below 112.30 look for further downside with 112.05 & 111.80 as targets.

Comment: the RSI shows upside momentum.

Our preference: short positions below 1.3465 with targets at 1.3355 & 1.3325 in extension.

Alternative scenario: above 1.3465 look for further upside with 1.3520 & 1.3560 as targets.

Comment: the RSI is capped by a declining trend line.

Our preference: short positions below 0.7905 with targets at 0.7810 & 0.7780 in extension.

Alternative scenario: above 0.7905 look for further upside with 0.7925 & 0.7950 as targets.

Comment: the RSI is mixed to bearish.

Our preference: long positions above 1.2345 with targets at 1.2415 & 1.2435 in extension.

Alternative scenario: below 1.2345 look for further downside with 1.2325 & 1.2310 as targets.

Comment: the RSI shows upside momentum.

Our preference: short positions below 1300.00 with targets at 1288.00 & 1281.50 in extension.

Alternative scenario: above 1300.00 look for further upside with 1307.50 & 1313.50 as targets.

Comment: the RSI lacks upward momentum.

Our preference: short positions below 52.35 with targets at 51.70 & 51.42 in extension.

Alternative scenario: above 52.35 look for further upside with 52.70 & 53.25 as targets.

Comment: the RSI is mixed to bearish.