USD/CHF Intraday: Bullish bias above 1.0010
|USD/CHF
Bullish bias above 1.0010.
Stay on top of the markets with Swissquote’s News & Analysis
Pivot (invalidation): 1.0010
Our preference
Long positions above 1.0010 with targets at 1.0030 & 1.0045 in extension.
Alternative scenario
Below 1.0010 look for further downside with 0.9995 & 0.9980 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
USD/CAD
Under pressure.
Pivot (invalidation): 1.3340
Our preference
Short positions below 1.3340 with targets at 1.3310 & 1.3290 in extension.
Alternative scenario
Above 1.3340 look for further upside with 1.3355 & 1.3375 as targets.
Comment
A break below 1.3310 would trigger a drop towards 1.3290.
AUD/USD
The bias remains bullish.
Pivot (invalidation): 0.7155
Our preference
Long positions above 0.7155 with targets at 0.7190 & 0.7205 in extension.
Alternative scenario
Below 0.7155 look for further downside with 0.7135 & 0.7115 as targets.
Comment
The RSI lacks downward momentum.
USD/TRY
The bias remains bullish.
Pivot (invalidation): 5.7550
Our preference
Long positions above 5.7550 with targets at 5.7970 & 5.8230 in extension.
Alternative scenario
Below 5.7550 look for further downside with 5.7290 & 5.7000 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.