Our preference: short positions below 1.1930 with targets at 1.1865 & 1.1835 in extension.
Alternative scenario: above 1.1930 look for further upside with 1.1955 & 1.1990 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: rebound.
Pivot: 1.3225
Our preference: long positions above 1.3225 with targets at 1.3380 & 1.3450 in extension.
Alternative scenario: below 1.3225 look for further downside with 1.3180 & 1.3150 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: further upside.
Pivot: 0.9615
Our preference: long positions above 0.9615 with targets at 0.9705 & 0.9750 in extension.
Alternative scenario: below 0.9615 look for further downside with 0.9580 & 0.9545 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: the upside prevails.
Pivot: 110.25
Our preference: long positions above 110.25 with targets at 110.90 & 111.30 in extension.
Alternative scenario: below 110.25 look for further downside with 109.90 & 109.60 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
