Daily Technical Analysis – 25 October, 2017

Our preference: long positions above 1.1740 with targets at 1.1795 & 1.1820 in extension.

Alternative scenario: below 1.1740 look for further downside with 1.1720 & 1.1700 as targets.

Comment: the RSI shows upside momentum.

Our preference: long positions above 0.9880 with targets at 0.9935 & 0.9965 in extension.

Alternative scenario: below 0.9880 look for further downside with 0.9835 & 0.9795 as targets.

Comment: the RSI shows upside momentum.

Our preference: long positions above 113.70 with targets at 114.35 & 114.70 in extension.

Alternative scenario: below 113.70 look for further downside with 113.50 & 113.20 as targets.

Comment: the RSI shows upside momentum.

Our preference: long positions above 1.3160 with targets at 1.3265 & 1.3295 in extension.

Alternative scenario: below 1.3160 look for further downside with 1.3115 & 1.3085 as targets.

Comment: the RSI shows upside momentum.

Our preference: short positions below 0.7770 with targets at 0.7690 & 0.7655 in extension.

Alternative scenario: above 0.7770 look for further upside with 0.7795 & 0.7825 as targets.

Comment: the RSI is mixed to bearish.

Our preference: long positions above 1.2640 with targets at 1.2730 & 1.2770 in extension.

Alternative scenario: below 1.2640 look for further downside with 1.2610 & 1.2555 as targets.

Comment: the RSI shows upside momentum.

Our preference: short positions below 1279.50 with targets at 1267.00 & 1264.00 in extension.

Alternative scenario: above 1279.50 look for further upside with 1283.50 & 1286.00 as targets.

Comment: the RSI advocates for further downside.

Our preference: long positions above 52.00 with targets at 52.80 & 53.10 in extension.

Alternative scenario: below 52.00 look for further downside with 51.78 & 51.55 as targets.

Comment: the break above 52.00 is a positive signal that has opened a path to 52.80.