GBP/USD Intraday: Target 1.3070

EUR/USD

The downside prevails.

EURUSD


 

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

 


Pivot (invalidation): 1.1455

Our preference
Short positions below 1.1455 with targets at 1.1405 & 1.1390 in extension.

Alternative scenario
Above 1.1455 look for further upside with 1.1475 & 1.1500 as targets.

Comment
The RSI is bearish and calls for further downside.

 

GBP/USD

Target 1.3070.

GBPUSD

Pivot (invalidation): 1.3160

Our preference
Short positions below 1.3160 with targets at 1.3105 & 1.3070 in extension.

Alternative scenario
Above 1.3160 look for further upside with 1.3200 & 1.3235 as targets.

Comment
A break below 1.3105 would trigger a drop towards 1.3070.

 

USD/JPY

Target 114.20.

USDJPY

Pivot (invalidation): 113.45

Our preference
Long positions above 113.45 with targets at 114.00 & 114.20 in extension.

Alternative scenario
Below 113.45 look for further downside with 113.20 & 112.95 as targets.

Comment
The RSI is bullish and calls for further upside.

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.