Analysis

USD/CHF Intraday: further advance

USD/CHF

Further advance.


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Pivot (invalidation): 0.9680

Our preference
Long positions above 0.9680 with targets at 0.9715 & 0.9735 in extension.

Alternative scenario
Below 0.9680 look for further downside with 0.9665 & 0.9655 as targets.

Comment
The RSI is bullish and calls for further advance.

 

USD/CAD

The bias remains bullish.

Pivot (invalidation): 1.3070

Our preference
Long positions above 1.3070 with targets at 1.3095 & 1.3105 in extension.

Alternative scenario
Below 1.3070 look for further downside with 1.3060 & 1.3045 as targets.

Comment
Technically the RSI is above its neutrality area at 50.

 

AUD/USD

Key resistance at 0.6855.

Pivot (invalidation): 0.6855

Our preference
Short positions below 0.6855 with targets at 0.6820 & 0.6800 in extension.

Alternative scenario
Above 0.6855 look for further upside with 0.6875 & 0.6890 as targets.

Comment
As Long as the resistance at 0.6855 is not surpassed, the risk of the break below 0.6820 remains high.

 

USD/TRY

Further advance.

Pivot (invalidation): 5.9200

Our preference
Long positions above 5.9200 with targets at 5.9450 & 5.9600 in extension.

Alternative scenario
Below 5.9200 look for further downside with 5.9070 & 5.8960 as targets.

Comment
The break above 5.9200 is a positive signal that has opened a path to 5.9450.

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