USDCHF Levels: The bias remains bullish

USD/CHF

The bias remains bullish.

USDCHF


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


Pivot (invalidation): 1.0000

Our preference
Long positions above 1.0000 with targets at 1.0030 & 1.0060 in extension.

Alternative scenario
Below 1.0000 look for further downside with 0.9970 & 0.9940 as targets.

Comment
The RSI is mixed with a bullish bias.

 

USD/CAD

Under pressure.

USDCAD

Pivot (invalidation): 1.3190

Our preference
Short positions below 1.3190 with targets at 1.3135 & 1.3115 in extension.

Alternative scenario
Above 1.3190 look for further upside with 1.3220 & 1.3240 as targets.

Comment
The RSI is capped by a declining trend line.

 

AUD/USD

Further advance.

AUDUSD

Pivot (invalidation): 0.7390

Our preference
Long positions above 0.7390 with targets at 0.7430 & 0.7445 in extension.

Alternative scenario
Below 0.7390 look for further downside with 0.7375 & 0.7360 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.