Our preference: long positions above 1.1760 with targets at 1.1830 & 1.1860 in extension.
Alternative scenario: below 1.1760 look for further downside with 1.1730 & 1.1695 as targets.
Comment: the RSI is mixed to bullish.
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: under pressure.
Pivot: 1.3105
Our preference: short positions below 1.3105 with targets at 1.3000 & 1.2955 in extension.
Alternative scenario: above 1.3105 look for further upside with 1.3160 & 1.3185 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/CHF Intraday: bullish bias above 0.9700.
Pivot: 0.9700
Our preference: long positions above 0.9700 with targets at 0.9765 & 0.9785 in extension.
Alternative scenario: below 0.9700 look for further downside with 0.9665 & 0.9645 as targets.
Comment: the RSI is mixed to bullish.
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: bullish bias above 110.50.
Pivot: 110.50
Our preference: long positions above 110.50 with targets at 111.05 & 111.30 in extension.
Alternative scenario: below 110.50 look for further downside with 110.25 & 110.00 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
