Our preference: long positions above 1.1140 with targets at 1.1185 & 1.1210 in extension.
Alternative scenario: below 1.1140 look for further downside with 1.1115 & 1.1095 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: 1.2680
Our preference: long positions above 1.2680 with targets at 1.2750 & 1.2785 in extension.
Alternative scenario: below 1.2680 look for further downside with 1.2650 & 1.2615 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: 0.9730
Our preference: short positions below 0.9730 with targets at 0.9680 & 0.9655 in extension.
Alternative scenario: above 0.9730 look for further upside with 0.9750 & 0.9770 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
USD/JPY Intraday: under pressure.
Pivot: 111.45
Our preference: short positions below 111.45 with targets at 111.05 & 110.85 in extension.
Alternative scenario: above 111.45 look for further upside with 111.75 & 112.10 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
