EUR/USD intraday: Further upside
|EUR/USD: Further upside
Stay on top of the markets with Swissquote’s News & Analysis
Pivot (invalidation): 1.1065
Our preference
Long positions above 1.1065 with targets at 1.1095 & 1.1120 in extension.
Alternative scenario
Below 1.1065 look for further downside with 1.1040 & 1.1010 as targets.
Comment
The RSI lacks downward momentum.
GBP/USD: The upside prevails
Pivot (invalidation): 1.2305
Our preference
Long positions above 1.2305 with targets at 1.2345 & 1.2365 in extension.
Alternative scenario
Below 1.2305 look for further downside with 1.2285 & 1.2250 as targets.
Comment
Technically the RSI is above its neutrality area at 50.
USD/JPY: Aim @ 107.20
Pivot (invalidation): 107.55
Our preference
Short positions below 107.55 with targets at 107.35 & 107.20 in extension.
Alternative scenario
Above 107.55 look for further upside with 107.70 & 107.80 as targets.
Comment
The RSI has broken down its 30 level.
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.