Analysis

USD/CHF Intraday: rebound

USD/CHF

Rebound.


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Pivot (invalidation): 0.9865

Our preference
Long positions above 0.9865 with targets at 0.9910 & 0.9925 in extension.

Alternative scenario
Below 0.9865 look for further downside with 0.9850 & 0.9835 as targets.

Comment
The RSI shows upside momentum.

 

USD/CAD

Under pressure.

Pivot (invalidation): 1.3210

Our preference
Short positions below 1.3210 with targets at 1.3160 & 1.3135 in extension.

Alternative scenario
Above 1.3210 look for further upside with 1.3230 & 1.3250 as targets.

Comment
The RSI is mixed to bearish.

 

AUD/USD

The downside prevails.

Pivot (invalidation): 0.6855

Our preference
Short positions below 0.6855 with targets at 0.6810 & 0.6790 in extension.

Alternative scenario
Above 0.6855 look for further upside with 0.6875 & 0.6885 as targets.

Comment
The RSI shows downside momentum.

 

USD/TRY

Turning up.

Pivot (invalidation): 5.7420

Our preference
Long positions above 5.7420 with targets at 5.7800 & 5.7910 in extension.

Alternative scenario
Below 5.7420 look for further downside with 5.7330 & 5.7260 as targets.

Comment
The RSI calls for a new upleg.

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