Analysis

Intra-Day FX Forecasts

Intra-Day FX Forecasts:

·  NZD/USD: Bearish no change from yesterday: we are short this pair from last week in the ATSU Service from .7190

o    Action: for today, consider selling a break below .7142

·  AUD/USD: Neutral to Bullish no change from yesterday: last week's forecast for support to hold at .7600'ish is playing out well.

o    Action: for today, consider buying a break above .7640 with fairly tight stops at .7615

·  USD/JPY: Neutral to Bullish a breakout higher is setting up

o    Action: for today, consider buying pull-backs towards 104.60-104.40 with stops below 104.20. Seeing a move higher towards 105+

·  AUD/JPY: Bullish a breakout higher is setting up

o    Action: for today, consider buying a break above 80.02 with stops below 79.60

·  AUD/CHF: Bullish a breakout higher is setting up

o    Action: for today, consider buying a break above .7652 with stops below 7610

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.