03.08.2015 01:12 GMT+1 -
EUR/USD Intraday: under pressure.
Pivot: 1.1025Our preference: Short positions below 1.1025 with targets @ 1.0925 & 1.089 in extension.
Alternative scenario: Above 1.1025 look for further upside with 1.1085 & 1.1115 as targets.
Comment: The RSI lacks upward momentum.
[You must be registered and logged in to see this image.]GBP/USD Intraday: the bias remains bullish.
Pivot: 1.559Our preference: Long positions above 1.559 with targets @ 1.568 & 1.574 in extension.
Alternative scenario: Below 1.559 look for further downside with 1.5555 & 1.5535 as targets.
Comment: The RSI has just landed on its neutrality area at 50% and is turning up.
[You must be registered and logged in to see this image.]USD/CHF Intraday: continuation of the rebound.
Pivot: 0.96Our preference: Long positions above 0.96 with targets @ 0.968 & 0.972 in extension.
Alternative scenario: Below 0.96 look for further downside with 0.957 & 0.9545 as targets.
Comment: The RSI is bullish and calls for further advance.
[You must be registered and logged in to see this image.]USD/CAD Intraday: the upside prevails.
Pivot: 1.301Our preference: Long positions above 1.301 with targets @ 1.3135 & 1.3175 in extension.
Alternative scenario: Below 1.301 look for further downside with 1.2965 & 1.2935 as targets.
Comment: The RSI is bullish and calls for further upside.
[You must be registered and logged in to see this image.]AUD/USD Intraday: the bias remains bullish.
Pivot: 0.728Our preference: Long positions above 0.728 with targets @ 0.7335 & 0.7365 in extension.
Alternative scenario: Below 0.728 look for further downside with 0.726 & 0.723 as targets.
Comment: Technically the RSI is above its neutrality area at 50.
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