TRENDING:

XAU/USD

Silver

AUD/USD Intraday: Rebound

Swissquote Bank Research Team Swissquote Bank Ltd

USD/CHF

Intraday support around 0.9955.

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Pivot (invalidation): 0.9955

Our preference
Long positions above 0.9955 with targets at 0.9990 & 1.0010 in extension.

Alternative scenario
Below 0.9955 look for further downside with 0.9930 & 0.9905 as targets.

Comment
The RSI is above its neutrality area at 50%.

USD/CAD

Intraday support around 1.3315.

Pivot (invalidation): 1.3315

Our preference
Long positions above 1.3315 with targets at 1.3360 & 1.3380 in extension.

Alternative scenario
Below 1.3315 look for further downside with 1.3280 & 1.3250 as targets.

Comment
A support base at 1.3315 has formed and has allowed for a temporary stabilisation.

AUD/USD

Rebound.

Pivot (invalidation): 0.7115

Our preference
Long positions above 0.7115 with targets at 0.7150 & 0.7165 in extension.

Alternative scenario
Below 0.7115 look for further downside with 0.7100 & 0.7085 as targets.

Comment
The RSI calls for a rebound.

USD/TRY

Turning up.

Pivot (invalidation): 5.3260

Our preference
Long positions above 5.3260 with targets at 5.3660 & 5.3880 in extension.

Alternative scenario
Below 5.3260 look for further downside with 5.3145 & 5.2960 as targets.

Comment
The RSI calls for a rebound.

Author

Swissquote Bank Research Team

Swissquote Bank Ltd

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