USD/CHF

Target 0.9900.

USDCHF

 


 

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

 


Pivot (invalidation): 0.9945

Our preference
Short positions below 0.9945 with targets at 0.9915 & 0.9900 in extension.

Alternative scenario
Above 0.9945 look for further upside with 0.9960 & 0.9975 as targets.

Comment
The RSI advocates for further downside.

 

USD/CAD

Further advance.

USDCAD

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 1.3295 & 1.3270 as targets.

Comment
The RSI is bullish and calls for further advance.

 

AUD/USD

The downside prevails.

AUDUSD

Pivot (invalidation): 0.6920

Our preference
Short positions below 0.6920 with targets at 0.6875 & 0.6850 in extension.

Alternative scenario
Above 0.6920 look for further upside with 0.6935 & 0.6950 as targets.

Comment
The immediate trend remains down and the momentum is strong.

 

USD/TRY

Further upside.

USDTRY

Pivot (invalidation): 5.8530

Our preference
Long positions above 5.8530 with targets at 5.9060 & 5.9440 in extension.

Alternative scenario
Below 5.8530 look for further downside with 5.8160 & 5.7880 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.

Analysis feed

FXStreet Trading Signals now available!

Access to real-time signals, community and guidance now!

Latest Analysis


Latest Forex Analysis

Editors’ Picks

AUD/USD continues to trade uneventfully just below 0.7000

Upbeat Australian data and Wall Street’s recovery fell short of boosting the Aussie against its American rival. Westpac Consumer Confidence coming up next.

AUD/USD News

Gold advances to fresh daily highs near $1,810

The XAU/USD pair closed the first day of the week with small gains above $1,800. After spending the European session moving sideways in a tight channel, the pair turned north on broad USD weakness during the American session. 

Gold News

BOJ Preview: No changes in policy, but forecast downgrades expected

After a chaotic end to Q1, the Bank of Japan is back to usual business. Policymakers will have a meeting to decide on monetary policy early Wednesday.

Read more

Bitcoin low volatility indicates a significant move to $8,000 or $10,000 is nearby

Bitcoin price is currently at $9,229 after a brief dip to $9,104. It is currently below the daily 12-EMA and the 26-EMA which have been unable to cross positively due to the lack of bullish continuation. 

Read more

WTI Oil Outlook: Concerns of slowdown in global demand recovery pressure oil price

WTI oil remains at the back foot on Tuesday and establishes below $40 level, as sentiment weakened on news of new restrictions in California due to increased number of infections.

Oil News

Forex Majors

Cryptocurrencies

Signatures