USD/CHF

Towards 1.0000.

USDCHF


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


Pivot (invalidation): 1.0040

Our preference
Short positions below 1.0040 with targets at 1.0015 & 1.0000 in extension.

Alternative scenario
Above 1.0040 look for further upside with 1.0050 & 1.0065 as targets.

Comment
The RSI has broken down its 30 level.

 

USD/CAD

1.3270 expected.

USDCAD

Pivot (invalidation): 1.3340

Our preference
Short positions below 1.3340 with targets at 1.3285 & 1.3270 in extension.

Alternative scenario
Above 1.3340 look for further upside with 1.3370 & 1.3390 as targets.

Comment
The RSI is bearish and calls for further downside.

 

AUD/USD

Turning up.

AUDUSD

Pivot (invalidation): 0.7060

Our preference
Long positions above 0.7060 with targets at 0.7100 & 0.7120 in extension.

Alternative scenario
Below 0.7060 look for further downside with 0.7040 & 0.7025 as targets.

Comment
The RSI calls for a new upleg.

 

USD/TRY

Further upside.

USDTRY

Pivot (invalidation): 5.4570

Our preference
Long positions above 5.4570 with targets at 5.4760 & 5.4890 in extension.

Alternative scenario
Below 5.4570 look for further downside with 5.4480 & 5.4380 as targets.

Comment
The RSI is mixed to bullish.

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.

Feed news

Latest Forex Analysis

Editors’ Picks

EUR/USD falls to two-week lows as trade wars escalate, strong US data

EUR/USD is hovering above 1.1150, the lowest in two weeks as Chinese media reported that the country is no longer interested in talks with the US after the latter blacklisted Huawei. US Consumer Sentiment beat with 102.4.

EUR/USD News

GBP/USD hits lowest since January as cross-party Brexit talks collapse

GBP/USD hits the lowest levels since January, below 1.2750. The UK's Labour Party said there is no point in talking with a government about to collapse. UK PM May is set to step down in June.

GBP/USD News

USD/JPY fails again to break 110.00, turns flat for the day and the week

The USD/JPY pair found support around the 109.50 area and bounced to the upside, erasing losses.

USD/JPY News

Bitcoin price update: BTC reclaims $7,000, recovery stalled

Bitcoin (BTC) has recovered from a scary flash crash that took it all the way down from $7,800 to as low as $6,512. The first digital coin lost about 16% of its value in a matter of hour with no particular reason .

Read more

Gold breaks to the downside hits 2-week lows near $1275

Gold prices accelerated to the downside today and particularly after the beginning of the American session, resuming the bearish move. The yellow metal is falling for the fourth day in-a-row and it is down almost $30 from the weekly high. 

Gold News

Majors

Cryptocurrencies

Signatures