Analysis

AUD/USD Intraday: Rebound

USD/CHF

Intraday support around 0.9955.

 


 

Stay on top of the markets with Swissquote’s News & Analysis

 


Pivot (invalidation): 0.9955

Our preference
Long positions above 0.9955 with targets at 0.9990 & 1.0010 in extension.

Alternative scenario
Below 0.9955 look for further downside with 0.9930 & 0.9905 as targets.

Comment
The RSI is above its neutrality area at 50%.

 

USD/CAD

Intraday support around 1.3315.

Pivot (invalidation): 1.3315

Our preference
Long positions above 1.3315 with targets at 1.3360 & 1.3380 in extension.

Alternative scenario
Below 1.3315 look for further downside with 1.3280 & 1.3250 as targets.

Comment
A support base at 1.3315 has formed and has allowed for a temporary stabilisation.

 

AUD/USD

Rebound.

Pivot (invalidation): 0.7115

Our preference
Long positions above 0.7115 with targets at 0.7150 & 0.7165 in extension.

Alternative scenario
Below 0.7115 look for further downside with 0.7100 & 0.7085 as targets.

Comment
The RSI calls for a rebound.

 

USD/TRY

Turning up.

Pivot (invalidation): 5.3260

Our preference
Long positions above 5.3260 with targets at 5.3660 & 5.3880 in extension.

Alternative scenario
Below 5.3260 look for further downside with 5.3145 & 5.2960 as targets.

Comment
The RSI calls for a rebound.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.