Analysis

USDCHF Intraday: Further advance

USD/CHF

Further advance.


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Pivot (invalidation): 1.0040

Our preference
Long positions above 1.0040 with targets at 1.0095 & 1.0120 in extension.

Alternative scenario
Below 1.0040 look for further downside with 1.0010 & 0.9985 as targets.

Comment
The RSI advocates for further advance.

 

USD/CAD

Further upside.

Pivot (invalidation): 1.3145

Our preference
Long positions above 1.3145 with targets at 1.3210 & 1.3230 in extension.

Alternative scenario
Below 1.3145 look for further downside with 1.3125 & 1.3100 as targets.

Comment
The RSI advocates for further upside.

 

AUD/USD

Under pressure.

Pivot (invalidation): 0.7260

Our preference
Short positions below 0.7260 with targets at 0.7230 & 0.7210 in extension.

Alternative scenario
Above 0.7260 look for further upside with 0.7275 & 0.7300 as targets.

Comment
The RSI advocates for further downside.

 

USD/TRY

Continuation of the rebound.

Pivot (invalidation): 5.4350

Our preference
Long positions above 5.4350 with targets at 5.4950 & 5.5200 in extension.

Alternative scenario
Below 5.4350 look for further downside with 5.3960 & 5.3550 as targets.

Comment
The RSI calls for a new upleg.

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