EUR/USD Intraday: Towards 1.1320
|EUR/USD
Towards 1.1320.
Stay on top of the markets with Swissquote’s News & Analysis
Pivot (invalidation): 1.1380
Our preference
Short positions below 1.1380 with targets at 1.1340 & 1.1320 in extension.
Alternative scenario
Above 1.1380 look for further upside with 1.1395 & 1.1410 as targets.
Comment
The RSI is bearish and calls for further downside.
GBP/USD
Under pressure.
Pivot (invalidation): 1.2710
Our preference
Short positions below 1.2710 with targets at 1.2665 & 1.2640 in extension.
Alternative scenario
Above 1.2710 look for further upside with 1.2740 & 1.2765 as targets.
Comment
The break below 1.2710 is a negative signal that has opened a path to 1.2665.
USD/JPY
Further advance.
Pivot (invalidation): 107.05
Our preference
Long positions above 107.05 with targets at 107.70 & 108.10 in extension.
Alternative scenario
Below 107.05 look for further downside with 106.80 & 106.50 as targets.
Comment
The RSI is bullish and calls for further advance.
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.