USD/CAD Intraday: target 1.3270
|USD/CHF
Under pressure.
Stay on top of the markets with Swissquote’s News & Analysis
Pivot (invalidation): 0.9890
Our preference
Short positions below 0.9890 with targets at 0.9850 & 0.9830 in extension.
Alternative scenario
Above 0.9890 look for further upside with 0.9905 & 0.9925 as targets.
Comment
Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
USD/CAD
Target 1.3270.
Pivot (invalidation): 1.3300
Our preference
Short positions below 1.3300 with targets at 1.3280 & 1.3270 in extension.
Alternative scenario
Above 1.3300 look for further upside with 1.3310 & 1.3320 as targets.
Comment
A break below 1.3280 would trigger a drop towards 1.3270.
AUD/USD
The downside prevails.
Pivot (invalidation): 0.6845
Our preference
Short positions below 0.6845 with targets at 0.6810 & 0.6790 in extension.
Alternative scenario
Above 0.6845 look for further upside with 0.6860 & 0.6875 as targets.
Comment
The immediate trend remains down and the momentum is strong.
USD/TRY
5.7270 expected.
Pivot (invalidation): 5.7510
Our preference
Short positions below 5.7510 with targets at 5.7360 & 5.7270 in extension.
Alternative scenario
Above 5.7510 look for further upside with 5.7640 & 5.7720 as targets.
Comment
A break below 5.7360 would trigger a drop towards 5.7270.
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.