USD/CHF

The downside prevails.

USDCHF

 


 

Stay on top of the markets with Swissquote’s News & Analysis

 


 

Pivot (invalidation): 0.9885

Our preference
Short positions below 0.9885 with targets at 0.9830 & 0.9810 in extension.

Alternative scenario
Above 0.9885 look for further upside with 0.9900 & 0.9925 as targets.

Comment
The RSI has broken down its 30 level.

 

USD/CAD

Watch 1.3000.

USDCAD

 

Pivot (invalidation): 1.3080

Our preference
Short positions below 1.3080 with targets at 1.3030 & 1.3000 in extension.

Alternative scenario
Above 1.3080 look for further upside with 1.3100 & 1.3115 as targets.

Comment
The RSI advocates for further downside.

 

AUD/USD

Further upside.

AUDUSD

 

Pivot (invalidation): 0.6945

Our preference
Long positions above 0.6945 with targets at 0.6990 & 0.7010 in extension.

Alternative scenario
Below 0.6945 look for further downside with 0.6930 & 0.6915 as targets.

Comment
The RSI advocates for further advance.

 

USD/TRY

Under pressure.

USDTRY

 

Pivot (invalidation): 5.7070

Our preference
Short positions below 5.7070 with targets at 5.6460 & 5.6270 in extension.

Alternative scenario
Above 5.7070 look for further upside with 5.7300 & 5.7580 as targets.

Comment
The RSI is bearish and calls for further downside.

This report has been prepared by AC Markets and is solely been published for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any currency or any other financial instrument. Views expressed in this report may be subject to change without prior notice and may differ or be contrary to opinions expressed by AC Markets personnel at any given time. ACM is under no obligation to update or keep current the information herein, the report should not be regarded by recipients as a substitute for the exercise of their own judgment.

Analysis feed

Latest Forex Analysis

Editors’ Picks

EUR/USD: bears pressuring, 1.0980 critical support

Risk aversion took over the FX board on Friday, weighing on high-yielding assets. The EUR/USD pair, finished the week just a handful of pips above the 1.1000 figure amid mounting tensions between the US and China.

EUR/USD News

GBP/USD: at risk of losing more ground in the short-term

The GBP/USD pair advanced up to 1.2581, it highest in over two months, but was unable to sustain gains, ending the week around 1.2470. Cable could keep losing ground on a break below 1.2460, the immediate support.

GBP/USD News

USD/JPY: at a bring of breaking lower

Fresh risk-off flows resulted in the USD/JPY pair trimming weekly gains on Friday, ending the week at 107.55. The pair barely holding above a critical Fibonacci support at 107.45. Japan’s National inflation steady at lows in August.

USD/JPY News

Top 3 price prediction Bitcoin, Ripple, Ethereum: Ethereum points to the Moon as Bitcoin takes a break

ETH/USD exceeds $220 and is bidding to lead the market. Bitcoin sets a bear trap and recaptures $10,000. XRP stalls between technical levels and fails to consolidate $0.30.

Read more

Gold climbs further beyond $1500 mark, lacks follow-through

Gold edged higher for the second consecutive session on Friday, albeit remained well within a familiar trading range held over the past two weeks or so.

Gold News

Forex Majors

Cryptocurrencies

Signatures