EUR/USD

Caution.

EURUSD


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


Pivot (invalidation): 1.1690

Our preference
Short positions below 1.1690 with targets at 1.1665 & 1.1650 in extension.

Alternative scenario
Above 1.1690 look for further upside with 1.1715 & 1.1725 as targets.

Comment
The upward potential is likely to be limited by the resistance at 1.1690.

 

GBP/USD

Key resistance at 1.3170.

GBPUSD

Pivot (invalidation): 1.3170

Our preference
Short positions below 1.3170 with targets at 1.3120 & 1.3100 in extension.

Alternative scenario
Above 1.3170 look for further upside with 1.3215 & 1.3245 as targets.

Comment
As Long as the resistance at 1.3170 is not surpassed, the risk of the break below 1.3120 remains high.

 

USD/JPY

Turning down.

USDJPY

Pivot (invalidation): 112.35

Our preference
Short positions below 112.35 with targets at 112.00 & 111.85 in extension.

Alternative scenario
Above 112.35 look for further upside with 112.45 & 112.60 as targets.

Comment
The RSI is bearish and calls for further downside.

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: Bulls need an upbeat German IFO Expectations figure

EUR/USD dips as lingering US-China tensions bode well for the US dollar. Technical indicators suggest scope for a re-test of the lower end of the multi-week trading range. Deeper losses may remain elusive if the German IFO numbers beat estimates. 

EUR/USD News

GBP/USD retraces three-day losses below 1.2200 on UK/US holiday

GBP/USD sellers catch a breather amid a lack of major catalysts on Spring Bank Holiday. UK PM Johnson gets criticized while favoring Adviser Dominic Cummings. US-China tussle intensifies with eyes on US President Trump’s reaction over the Hong Kong issue.

GBP/USD News

Forex Today: Dollar in demand amid high Sino-American tensions, thin liquidity expected

The new week has kicked off with dollar strength as the US and China have kept tensions high. Thin liquidity and potential erratic movements may occur as the United States and United Kingdom are on holiday.

Read more

Gold down by $6 in Asia, weekly chart shows bullish trend exhaustion

Gold, a safe-haven asset, is flashing red at press time even though the growth-linked currencies like the Aussie dollar are struggling to gain altitude. Technical charts indicate scope for deeper declines in the short-term.

Gold News

USD/JPY keeps mild gains above previous resistance line, 200-HMA

USD/JPY bounces off an immediate support line to print a three-day winning streak. Thursday’s high appears on the bulls’ radar as immediate resistance. 107.00 could lure the bears below 200-HMA.

USD/JPY News

Forex Majors

Cryptocurrencies

Signatures