Analysis

USD/CHF Intraday: Further advance

USD/CHF

Further advance.

 


 

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Pivot (invalidation): 1.0025

Our preference
Long positions above 1.0025 with targets at 1.0060 & 1.0085 in extension.

Alternative scenario
Below 1.0025 look for further downside with 1.0010 & 0.9995 as targets.

Comment
The break above 1.0025 is a positive signal that has opened a path to 1.0060.

 

USD/CAD

Further upside.

Pivot (invalidation): 1.3360

Our preference
Long positions above 1.3360 with targets at 1.3420 & 1.3450 in extension.

Alternative scenario
Below 1.3360 look for further downside with 1.3340 & 1.3320 as targets.

Comment
The break above 1.3360 is a positive signal that has opened a path to 1.3420.

 

AUD/USD

Turning down.

Pivot (invalidation): 0.7165

Our preference
Short positions below 0.7165 with targets at 0.7125 & 0.7115 in extension.

Alternative scenario
Above 0.7165 look for further upside with 0.7180 & 0.7190 as targets.

Comment
The RSI calls for a new downleg.

 

USD/TRY

Further advance.

Pivot (invalidation): 5.7830

Our preference
Long positions above 5.7830 with targets at 5.8230 & 5.8460 in extension.

Alternative scenario
Below 5.7830 look for further downside with 5.7500 & 5.7290 as targets.

Comment
The RSI lacks downward momentum.

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