EUR/USD Intraday: capped by a negative trend line.
Pivot: 1.1005
Our preference: short positions below 1.1005 with targets at 1.0950 & 1.0925 in extension.
Alternative scenario: above 1.1005 look for further upside with 1.1025 & 1.1040 as targets.
Comment: the RSI lacks upward 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
GBP/USD Intraday: rebound.
Pivot: 1.2250
Our preference: long positions above 1.2250 with targets at 1.2320 & 1.2355 in extension.
Alternative scenario: below 1.2250 look for further downside with 1.2215 & 1.2170 as targets.
Comment: the RSI lacks downward 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: the bias remains bullish.
Pivot: 0.9865
Our preference: long positions above 0.9865 with targets at 0.9915 & 0.9930 in extension.
Alternative scenario: below 0.9865 look for further downside with 0.9850 & 0.9825 as targets.
Comment: the RSI lacks downward 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: 103.15
Our preference: long positions above 103.15 with targets at 103.95 & 104.20 in extension.
Alternative scenario: below 103.15 look for further downside with 102.80 & 102.40 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
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