USD/CHF

Target 0.9900.

USDCHF

 


 

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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.

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