GBPUSD Intraday: Watch 1.3300

EUR/USD

Target 1.1650.

EURUSD


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


Pivot (invalidation): 1.1575

Our preference
Long positions above 1.1575 with targets at 1.1625 & 1.1650 in extension.

Alternative scenario
Below 1.1575 look for further downside with 1.1545 & 1.1515 as targets.

Comment
The RSI is bullish and calls for further upside. The pair is trading within a bullish channel drawn from the low of October 9.

 

GBP/USD

Watch 1.3300.

GBPUSD

Pivot (invalidation): 1.3185

Our preference
Long positions above 1.3185 with targets at 1.3245 & 1.3300 in extension.

Alternative scenario
Below 1.3185 look for further downside with 1.3130 & 1.3100 as targets.

Comment
The RSI is mixed to bullish.

 

USD/JPY

Turning up.

USDJPY

Pivot (invalidation): 112.00

Our preference
Long positions above 112.00 with targets at 112.55 & 112.85 in extension.

Alternative scenario
Below 112.00 look for further downside with 111.80 & 111.55 as targets.

Comment
The RSI calls for a new upleg.

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.