USD/CHF intraday: Continuation of the rebound
|USD/CHF: Continuation of the rebound
Stay on top of the markets with Swissquote’s News & Analysis
Pivot (invalidation): 0.9105
Our preference
Long positions above 0.9105 with targets at 0.9150 & 0.9165 in extension.
Alternative scenario
Below 0.9105 look for further downside with 0.9085 & 0.9065 as targets.
Comment
The RSI is bullish and calls for further advance.
USD/CAD: Target 1.3265
Pivot (invalidation): 1.3200
Our preference
Long positions above 1.3200 with targets at 1.3240 & 1.3265 in extension.
Alternative scenario
Below 1.3200 look for further downside with 1.3175 & 1.3150 as targets.
Comment
The RSI is bullish and calls for further upside.
AUD/USD: The downside prevails
Pivot (invalidation): 0.7290
Our preference
Short positions below 0.7290 with targets at 0.7250 & 0.7230 in extension.
Alternative scenario
Above 0.7290 look for further upside with 0.7310 & 0.7340 as targets.
Comment
The immediate trend remains down and the momentum is strong.
USD/TRY: Bullish bias above 7.4730
Pivot (invalidation): 7.4730
Our preference
Long positions above 7.4730 with targets at 7.5210 & 7.5400 in extension.
Alternative scenario
Below 7.4730 look for further downside with 7.4560 & 7.4410 as targets.
Comment
A support base at 7.4730 has formed and has allowed for a temporary stabilisation.
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.