EUR/USD

Bullish bias above 1.1195.

EURUSD


 

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

 


Pivot (invalidation): 1.1195

Our preference
Long positions above 1.1195 with targets at 1.1225 & 1.1245 in extension.

Alternative scenario
Below 1.1195 look for further downside with 1.1180 & 1.1165 as targets.

Comment
The RSI has just landed on its neutrality area at 50% and is turning up.

 

GBP/USD

1.2780 expected.

GBPUSD

Pivot (invalidation): 1.2880

Our preference
Short positions below 1.2880 with targets at 1.2825 & 1.2780 in extension.

Alternative scenario
Above 1.2880 look for further upside with 1.2925 & 1.2960 as targets.

Comment
A break below 1.2825 would trigger a drop towards 1.2780.

 

USD/JPY

Key resistance at 109.70.

USDJPY

Pivot (invalidation): 109.70

Our preference
Short positions below 109.70 with targets at 109.15 & 109.00 in extension.

Alternative scenario
Above 109.70 look for further upside with 109.90 & 110.05 as targets.

Comment
As Long as 109.70 is resistance, look for choppy price action with a bearish bias.

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: bearish strength pointing to lower lows for the year

The EUR/USD pair extended its decline Friday to finish the week sharply lower in the 1.1150 region. The American currency stood victorious on the back of persistent concerns about US-Sino trade tensions and encouraging local data.

EUR/USD News

GBP/USD remains little changed to 1.2730 as Brexit doubts supersede USD pullback

With the doubts over the UK PM May’s Brexit plan’s another failure at the parliament growing strong, the GBP/USD pair trades near 1.2730 during early Monday.

GBP/USD News

USD/JPY rose to intra-day high of 110.20 despite upbeat GDP data

USD/JPY rose to the intra-day high of 110.20 despite Japan’s Q1 2019 GDP data beat forecasts on early Monday. The reason for the rise could be a downward revision to previous figures. Japan’s first quarter (Q1) gross domestic product (GDP) beat 0.0% forecast .

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: Mid-August 2018 major-uptrend’s support line tested for third time this month

Technically, the price is below the 50 and 20 DMAs, dropping back from channel resistance with room to go on the RSI to the downside although meeting its mid-April support line.

Gold News

Majors

Cryptocurrencies

Signatures