Our preference: long positions above 1.1165 with targets at 1.1230 & 1.1260 in extension.
Alternative scenario: below 1.1165 look for further downside with 1.1130 & 1.1110 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: further advance.
Pivot: 1.2755
Our preference: long positions above 1.2755 with targets at 1.2815 & 1.2870 in extension.
Alternative scenario: below 1.2755 look for further downside with 1.2730 & 1.2680 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: under pressure.
Pivot: 0.9745
Our preference: short positions below 0.9745 with targets at 0.9680 & 0.9655 in extension.
Alternative scenario: above 0.9745 look for further upside with 0.9770 & 0.9805 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 upside prevails.
Pivot: 110.60
Our preference: long positions above 110.60 with targets at 111.40 & 111.70 in extension.
Alternative scenario: below 110.60 look for further downside with 110.35 & 109.90 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
