USD/CHF Intraday: Towards 1.0000
|USD/CHF
Towards 1.0000.
Stay on top of the markets with Swissquote’s News & Analysis
Pivot (invalidation): 1.0040
Our preference
Short positions below 1.0040 with targets at 1.0015 & 1.0000 in extension.
Alternative scenario
Above 1.0040 look for further upside with 1.0050 & 1.0065 as targets.
Comment
The RSI has broken down its 30 level.
USD/CAD
1.3270 expected.
Pivot (invalidation): 1.3340
Our preference
Short positions below 1.3340 with targets at 1.3285 & 1.3270 in extension.
Alternative scenario
Above 1.3340 look for further upside with 1.3370 & 1.3390 as targets.
Comment
The RSI is bearish and calls for further downside.
AUD/USD
Turning up.
Pivot (invalidation): 0.7060
Our preference
Long positions above 0.7060 with targets at 0.7100 & 0.7120 in extension.
Alternative scenario
Below 0.7060 look for further downside with 0.7040 & 0.7025 as targets.
Comment
The RSI calls for a new upleg.
USD/TRY
Further upside.
Pivot (invalidation): 5.4570
Our preference
Long positions above 5.4570 with targets at 5.4760 & 5.4890 in extension.
Alternative scenario
Below 5.4570 look for further downside with 5.4480 & 5.4380 as targets.
Comment
The RSI is mixed to bullish.
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.