USD/CAD intraday: Key resistance at 1.3095
|USD/CHF: Watch 0.9080
Stay on top of the markets with Swissquote’s News & Analysis
Pivot (invalidation): 0.9115
Our preference
Short positions below 0.9115 with targets at 0.9090 & 0.9080 in extension.
Alternative scenario
Above 0.9115 look for further upside with 0.9125 & 0.9140 as targets.
Comment
A break below 0.9090 would trigger a drop towards 0.9080.
USD/CAD: Key resistance at 1.3095
Pivot (invalidation): 1.3095
Our preference
Short positions below 1.3095 with targets at 1.3060 & 1.3035 in extension.
Alternative scenario
Above 1.3095 look for further upside with 1.3120 & 1.3140 as targets.
Comment
As Long as the resistance at 1.3095 is not surpassed, the risk of the break below 1.3060 remains high.
AUD/USD: The upside prevails
Pivot (invalidation): 0.7295
Our preference
Long positions above 0.7295 with targets at 0.7330 & 0.7355 in extension.
Alternative scenario
Below 0.7295 look for further downside with 0.7280 & 0.7265 as targets.
Comment
Technically the RSI is above its neutrality area at 50.
USD/TRY: Continuation of the rebound
Pivot (invalidation): 7.5960
Our preference
Long positions above 7.5960 with targets at 7.6810 & 7.7220 in extension.
Alternative scenario
Below 7.5960 look for further downside with 7.5460 & 7.5110 as targets.
Comment
The RSI lacks downward 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.