Our preference: short positions below 1.1775 with targets at 1.1715 & 1.1690 in extension.
Alternative scenario: above 1.1775 look for further upside with 1.1800 & 1.1825 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
GBP/USD Intraday: the bias remains bullish.
Pivot: 1.2955
Our preference: long positions above 1.2955 with targets at 1.3055 & 1.3105 in extension.
Alternative scenario: below 1.2955 look for further downside with 1.2930 & 1.2890 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/CHF Intraday: under pressure.
Pivot: 0.9705
Our preference: short positions below 0.9705 with targets at 0.9595 & 0.9565 in extension.
Alternative scenario: above 0.9705 look for further upside with 0.9735 & 0.9770 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
USD/JPY Intraday: the downside prevails.
Pivot: 110.25
Our preference: short positions below 110.25 with targets at 109.35 & 109.00 in extension.
Alternative scenario: above 110.25 look for further upside with 110.50 & 110.80 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
