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XAU/USD

Silver

USD/CAD intraday: Turning down

Swissquote Bank Research Team Swissquote Bank Ltd

USD/CHF: Turning down

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Pivot (invalidation): 0.9090

Our preference
Short positions below 0.9090 with targets at 0.9050 & 0.9035 in extension.

Alternative scenario
Above 0.9090 look for further upside with 0.9110 & 0.9130 as targets.

Comment
The RSI shows downside momentum.

USD/CAD: Turning down

Pivot (invalidation): 1.3185

Our preference
Short positions below 1.3185 with targets at 1.3135 & 1.3115 in extension.

Alternative scenario
Above 1.3185 look for further upside with 1.3210 & 1.3230 as targets.

Comment
The RSI calls for a new downleg.

AUD/USD: Turning up

Pivot (invalidation): 0.7285

Our preference
Long positions above 0.7285 with targets at 0.7325 & 0.7350 in extension.

Alternative scenario
Below 0.7285 look for further downside with 0.7260 & 0.7245 as targets.

Comment
The RSI calls for a bounce.

USD/TRY: Turning down

Pivot (invalidation): 7.5000

Our preference
Short positions below 7.5000 with targets at 7.4650 & 7.4510 in extension.

Alternative scenario
Above 7.5000 look for further upside with 7.5100 & 7.5210 as targets.

Comment
The RSI lacks upward momentum.

Author

Swissquote Bank Research Team

Swissquote Bank Ltd

EUR/USD hits two-day highs near 1.1820

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GBP/USD reclaims 1.3600 and above

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Gold climbs further, focus is back to 45,000

Gold regains upside traction and surpasses the $4,900 mark per troy ounce at the end of the week, shifting its attention to the critical $5,000 region. The move reflects a shift in risk sentiment, driving flows back towards traditional safe haven assets and supporting the yellow metal.

Crypto Today: Bitcoin, Ethereum, XRP rebound amid risk-off, $2.6 billion liquidation wave

Bitcoin edges up above $65,000 at the time of writing on Friday, as dust from the recent macro-triggered sell-off settles. The leading altcoin, Ethereum, hovers above $1,900, but resistance at $2,000 caps the upside. Meanwhile, Ripple has recorded the largest intraday jump among the three assets, up over 10% to $1.35.

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XRP rally extends as modest ETF inflows support recovery

Ripple is accelerating its recovery, trading above $1.36 at the time of writing on Friday, as investors adjust their positions following a turbulent week in the broader crypto market. The remittance token is up over 21% from its intraday low of $1.12.