EUR/USD

The bias remains bullish.

EURUSD


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


Pivot (invalidation): 1.1125

Our preference
Long positions above 1.1125 with targets at 1.1145 & 1.1155 in extension.

Alternative scenario
Below 1.1125 look for further downside with 1.1110 & 1.1100 as targets.

Comment
The RSI lacks downward momentum.

 

GBP/USD

Key resistance at 1.3005.

GBPUSD

Pivot (invalidation): 1.3005

Our preference
Short positions below 1.3005 with targets at 1.2975 & 1.2960 in extension.

Alternative scenario
Above 1.3005 look for further upside with 1.3030 & 1.3050 as targets.

Comment
The upward potential is likely to be limited by the resistance at 1.3005.

 

USD/JPY

Watch 110.35.

USDJPY

Pivot (invalidation): 109.85

Our preference
Long positions above 109.85 with targets at 110.20 & 110.35 in extension.

Alternative scenario
Below 109.85 look for further downside with 109.60 & 109.40 as targets.

Comment
Technically the RSI is above its neutrality area at 50.

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 Forex Analysis

Editors’ Picks

EUR/USD breaks above 1.1100, first time since end-March

EUR/USD is breaking higher heading into European trading this Friday. The spot conquers the 1.11 handle for the first time since March 30 despite the risk-off market mood amid US-China tensions. Focus on EZ CPI and Trump's response. 

EUR/USD News

GBP/USD: Mildly bid above 1.2300 as UK enters Sino-American rivalry

GBP/USD probes intraday high after bouncing off lows near 1.2300. UK increases changes for China’s Huawei, offers citizenship to Hong Kong residents. EU’s Trade Chief says UK may have given up on Brexit deal. US President Trump’s presser will be key.

GBP/USD News

Cardano explodes over 1% in minutes, is $0.07 achievable on Friday?

Cardano is among the most active cryptocurrencies in the market this week. ADA/USD is exchanging hands at $0.0666 amid a battle to beat Thursday highs at $0.0680. On the other hand, the price has not been left behind especially after spiking by over 1% in a matter of minutes.

Read more

Gold pokes $1,721/23 resistance area

Gold prices extend the latest recovery from $1,711 as DXY refreshes two-month low. A confluence of 10-day EMA, nine-day-old falling trend line probes immediate upside. An ascending trend line from April 21 favors the bulls.

Gold News

WTI eyes record monthly surge

While West Texas Intermediate (WTI) crude's front-month contract has backed off from the 2.5-month highs reached earlier this week due to deteriorating US-China tensions, it is still on track to post its biggest monthly gain on record. 

Oil News

Forex Majors

Cryptocurrencies

Signatures