Analysis

USD/JPY Intraday: Further advance

EUR/USD

The upside prevails.


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Pivot (invalidation): 1.1315

Our preference
Long positions above 1.1315 with targets at 1.1350 & 1.1370 in extension.

Alternative scenario
Below 1.1315 look for further downside with 1.1300 & 1.1285 as targets.

Comment
The RSI advocates for further upside.

 

GBP/USD

Further upside.

Pivot (invalidation): 1.2880

Our preference
Long positions above 1.2880 with targets at 1.2925 & 1.2940 in extension.

Alternative scenario
Below 1.2880 look for further downside with 1.2860 & 1.2840 as targets.

Comment
The RSI advocates for further advance.

 

USD/JPY

Further advance.

Pivot (invalidation): 110.45

Our preference
Long positions above 110.45 with targets at 110.85 & 111.00 in extension.

Alternative scenario
Below 110.45 look for further downside with 110.30 & 110.15 as targets.

Comment
The RSI advocates for further upside.

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