EUR/USD Intraday: 1.1430 expected
|EUR/USD
1.1430 expected.
Stay on top of the markets with Swissquote’s News & Analysis
Pivot (invalidation): 1.1485
Our preference
Short positions below 1.1485 with targets at 1.1455 & 1.1430 in extension.
Alternative scenario
Above 1.1485 look for further upside with 1.1520 & 1.1550 as targets.
Comment
A break below 1.1455 would trigger a drop towards 1.1430.
GBP/USD
Watch 1.2900.
Pivot (invalidation): 1.3015
Our preference
Short positions below 1.3015 with targets at 1.2950 & 1.2900 in extension.
Alternative scenario
Above 1.3015 look for further upside with 1.3050 & 1.3090 as targets.
Comment
A break below 1.2950 would trigger a drop towards 1.2900.
USD/JPY
Turning down.
Pivot (invalidation): 112.85
Our preference
Short positions below 112.85 with targets at 112.35 & 112.20 in extension.
Alternative scenario
Above 112.85 look for further upside with 113.10 & 113.30 as targets.
Comment
The RSI shows downside momentum.
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.